New Year, New You - how to help achieve your money resolutions


What were your new year's resolutions? If you’re anything like me, at the top of the resolution list is spending more time with friends, going overseas, and being better with money.

It’s more than just saving money. It also involves ensuring that you’re only spending your money when you should be. For me, that means not being too generous and making sure you get what you’re owed. 

The Beem It app helps me get what I’m owed while avoiding the awkward money moments with my friends. Let me explain how:

The other day I was with a group of my friends, enjoying a dinner out on the town. We all ordered our different meals and I jumped up to pay (I wanted the points and I don’t like the awkwardness of waiting to work out who foots the bill). Now I should also mention that I’m a vegan. That tends to mean that I should be paying for less than my other friends who get to eat more of the shared dishes. I suggested that we all just “Beem It”. All I had to do later was, split the bill using the Beem It App, with my group of friends who all paid me back instantly. No questions asked. Instead of sitting there working out who owed what, we were able to move on to the karaoke. It was an easy way to make sure I got exactly what I was owed - and as a bonus, I got to spend more quality time with my friends. That’s two new year’s resolutions down with one app!

You can get paid back the money that you’re owed in 2020, by using Beem It:

  1. Simply request a payment from a friend for the amount they owe you. Avoid those awkward text messages and conversations to transfer money. Beem It also sends automatic reminders until the payment request is resolved.  
  2. Use the Groups feature to tally individual costs, and work out who owes what from a running total of expenses. That way both you AND your friends will be better at tracking money. 
  3. Never be left footing the bill. Split the bill to ensure everyone pays their fair share.

I am looking forward to a great 2020 and slightly better finances. I hope you are too.

 

What is Beem It?

Beem It allows you to pay, request, split and transfer money instantly with anyone in your network, simply using your phone. Owned by CommBank, Westpac & NAB, the app is free to download and use and we won't charge you any nasty fees. Find out more about Beem It here.

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