πŸ“„ PRD Version History

Version Date Summary Notes
1.0 June 28, 2025 Initial PRD based on assumptions and idea phase Pre-interview and discovery
2.0 July 1, 2025 Updated with validated JTBDs and MVP scope Interview-informed, JTBD-aligned
3.0 July 4, 2025 Final MVP Build Scope MVP decided

Version 1.0 β€” Initial PRD based on assumptions and idea phase (June 28, 2025)

1. Problem Summary

Students and young professionals living in shared housing face constant challenges tracking rent, utility payments, and shared purchases like groceries or takeout. Existing tools like Venmo or Splitwise handle one-off expense splits but fail to provide collaborative budgeting, spend summaries, or roommate-specific visibility.

The result? Confusion, overspending, roommate tension, and zero budget control - especially for international students managing INR to USD conversions.


2. Product Goals


3. In Scope (for MVP)

Feature Description
Group Creation & Onboarding Users create groups, add roommates, define rent split
Recurring Rent Entry Set rent amount, split ratios, and frequency
Shared Ledger Log who paid what and categorize expenses (Rent, Utilities, Groceries, etc.)
Shared vs Personal Tagging Tag expenses accordingly for visibility
Budget Summary View Total spent this month, breakdown by category
Reminder System SMS/email/push reminders for rent due dates
USD↔INR Toggle Switch view between USD and INR (fixed daily rate)

4. Out of Scope