Do you ever need to split up a dinner tab? Do you ever say "I owe you one", only to forget later? Do you have trouble remembering whether you've paid a friend back? If this sounds familiar, we've got a site for you:

nDebted.com is a free online service for tracking and sharing debts with friends.

Use nDebted to keep running tallies of debts with all your friends in a number of real (dollars, euros, etc.) and fun (meals, beers, hugs, etc.) currencies. You can track your debts privately or you can invite friends to join nDebted so they can share and track debts with you.

nDebted was developed during the Rails Rumble this past weekend. As I mentioned in my last post, the Rumble is a 48 hour web application development contest for Ruby on Rails. Well, the contest closed last night and we pushed nDebted out the door faster than we've "finished" any other application.

Although the basic functionality is complete, there are honestly quite a few features we wish we had time to add. Contest rules prevent us from updating our entry while judging takes place, so we can't make any improvements for about a week. However, after judging is complete, we're going to continue work on nDebted regardless of how well it does in the contest.

If you'd like to try nDebted, head over to nDebted.com and click on the "Sign up" link. Thanks for your interest!

UPDATE: We've added a support forum for nDebted at GetSatisfaction. Please use this forum to ask questions, share ideas, or report problems.

Larry and I have signed up to compete in the Rails Rumble, a 48 hour web application development contest taking place this coming weekend. This contest is a great way to showcase the productivity of Ruby on Rails, our web framework of choice, as well as excellent practice in the embrace of constraints.

We're taking this opportunity to launch an idea of ours that we've had on the back burner for much too long. We're going to keep the name and purpose of the app secret until it's been launched. However, I will say that it will be open to the public, free, and useful to a wide range of people.

Look for a post here on October 19th, if we have any strength left in our fingers after 48 hours of coding. We can't wait to share our new app with the world.