Bill Monk is an online tool for those forgetful people. Billmonk allows you to easily keep track of your bills and books and any other thing you may owe someone or someone may owe you.
For example, you have an extensive library of Marvel Comic Books and you don't generally lend it out to people but a few friends who you trust. You can keep a track of who has your favorite comics and get it back.
The interface is easy to use. No frills, just sign up and you can invite friends. You have 2 main options Money and Library. You can use the money options to report a bill, shuffle debts and settle with Obopay.
I really like the Library section. For a collector, this is ideal. You can choose to show your library to everyone by making it public or choose friends can browse your collection. This also allows you to track the items you've lent out or borrowed. While you upload your library, it allows you to search by name using Amazon.com, or you can bulk add using ISBN or UPC.
I really like this tool, it really fills that everyday need we have. It reminds you to return things that you borrow and it minimizes awkwardness.
Here is a video about Billmonk and its co-founders. It's a very interesting talk by Newbie entrepreneurs and how they created this cool tool.
If you like this article you could also see one of our previous article about expense planning here.
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