Kin is made for doing money things together. You can use Kin to keep track of transactions in a group, and to keep track of planned transactions in a group.
To create a shared budget
- Create a group on Kin.
- Invite people to the group. These are the people who are all using the same budget. This could be for a one-off group activity like a trip or an event, or an ongoing activity like a houseshare or a movie club. If you need a hand at creating a group and adding people, here's how.
- Add transactions to track and create a budget. Transactions are either things that have already been paid for, or are estimates for things that are planned. Get more detail on transactions here.
Transactions in a group are how shared budgets are made in Kin. Using transactions, you can see how much has been spent as a group. By putting in planned transactions, you can also see what the anticipated spend is for the group, and use that to plan.
TIP: Adding estimates is a good way to share with the group how much you think things will cost, so that together you can discuss and decide how much you want to spend, or make a plan to save for future transactions.