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Make Managing Shared Money a Breeze with Switch: A Complete Guide

March 14, 2025

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How to Manage Shared Money with Switch

If you're tired of the stress, awkwardness, and hassle of collecting and spending money in groups, Switch is here to help. Whether you're planning a social event, organizing a club, or simply splitting bills with roommates, Switch provides an intuitive and transparent way to manage shared funds. In this blog post, we'll show you how to effectively use Switch to handle your group finances and enrich your relationships.

By the end of this post, you'll learn:

  • How to create and manage pitches on Switch
  • How to request and collect money from friends
  • How to track payments and ensure transparency
  • How to utilize Switch's social and chat functionalities

How To: Manage Shared Money with Switch

Are you tired of dealing with the hassle and confusion of collecting and spending money in groups? Switch is here to make your life easier. With Switch, you can effectively manage shared funds, whether it's for a charity event, a fantasy sports league, or a group dinner. Here's how:

1. Create a Pitch

Start by creating a pitch on Switch. A pitch is a disposable group that allows you to manage shared money in real-time. Give your pitch a name and set the amount you need to collect.

2. Request Money

Once your pitch is created, you can request money from your friends. You can either ask for a specific amount or leave it open-ended. Switch supports various payment methods, including Apple Pay, Google Pay, and card payments.

3. Track Payments

Switch provides ultimate transparency when it comes to shared expenses. You can easily see who has paid and who hasn't, eliminating the need for manual tracking. Switch also integrates with popular accounting tools like QuickBooks to keep your group organized and accountable.

4. Communicate with Your Group

Switch offers a chat functionality that allows you to have conversations about shared expenses. You can also send SMS text blasts to ensure that everyone is on the same page when it comes to important details.

5. Dispose or Reuse the Pitch

Once you've collected the required funds, you can either dispose of the pitch or reuse it for future expenses. Switch makes it easy to create, delete, and manage virtual debit cards associated with each pitch, so you can easily make online purchases or use Apple Pay and Google Pay.

Take Control of Your Group Finances with Switch

Managing shared money doesn't have to be a headache. With Switch, you can streamline the process and ensure transparency and accountability within your group. Say goodbye to fronting money, passing around debit/credit cards, and tracking IOUs on multiple platforms. Start using Switch today and experience the stress-free way to collect and spend money with friends.

Have any questions? Feel free to ask in the comments below!

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Switch is a financial technology company and is not a bank. Banking services provided by Thread Bank; Member FDIC. The Switch Visa® Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa debit cards are accepted.

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