Know what you owe and keep track of your I.O.U.s & allowances with friends and families at Ioumate.com! To make sharing easy, it is integrated with Facebook and Twitter also. Certainly, IOUs can even be shared with people through email. People who frequently lend or borrow money must take the advantage of this free online tool. Mostly all of us borrow some things occasionally from our neighbor or friends and this freeware assists you to track that. As well, you can track how much is owed to you by somebody using its U.O.Me feature.

Everyone will be able to afford IOU Mate since it costs nothing. You don’t have to pay any sort of fees for creating, edition or sharing IOUs. Sending IOUs like this should be the most refined mode to remind people of what is owed. To get started, simply sign up for a new account or skip it if you wish to log in using your Facebook or Twitter credentials. Then start adding and tracking your debts such as dinner splits, DVDs, loaned books, etc. You can select to track your debts privately or invite your friends to notice and update your shared debts through a simple interface. This app can identify when you are inflowing money or when you are entering any other things. In addition, you can schedule and get reminders for recurring payments like kid’s allowances and rent among roommates.

This tool not only work as a place to store your allowance tracking details but also guess the amount you owe or you are owed. For instance, if you borrow $30 from your friend and then she borrows $40 from you later, your I.O.U rate $30 will turn into U.O.Me of $10. IOUmate is even optimized for smartphones and tablets, so you can track I.O.U.s from anywhere at any time. Take a look on demo video below to know the practical working.