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Give Forward VS Splitwise

Compare Give Forward VS Splitwise and see what are their differences

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Contents:
  1. ยป Base Details
  2. ยป Videos
  3. ยป Reviews
  4. ยป Alternatives

Give Forward logo Give Forward

Chicago based startup changing the way the world views giving, one hug, one smile, and one donation...

Splitwise logo Splitwise

Splitwise is a free tool for friends and roommates to track bills and other shared expenses, so that everyone gets paid back. On the web, iPhone, and Android!
  • Give Forward Landing page
    Landing page //
    2019-02-27
  • Splitwise Landing page
    Landing page //
    2023-01-23

Give Forward features and specs

  • Ease of Use
    Give Forward has a user-friendly interface that makes it easy for people to create and manage fundraising campaigns.
  • Personalized Campaigns
    Users can personalize their fundraising campaigns with images, videos, and personal stories to engage potential donors.
  • Support for Medical Causes
    Give Forward heavily focuses on medical fundraising, making it a preferred platform for individuals needing support for medical expenses.
  • Customer Support
    The platform offers robust customer support, including access to fundraising coaches who can provide personalized guidance.
  • Wide Reach
    Campaigns on Give Forward can be easily shared on social media platforms, increasing the potential to reach a broader audience.

Possible disadvantages of Give Forward

  • Fees
    Give Forward charges a platform fee and payment processing fees, which can reduce the amount of funds received by the campaign organizer.
  • Limited to U.S. Users
    The platform primarily serves users in the United States, which could be a limitation for international fundraisers.
  • Competition
    There is significant competition from other well-established crowdfunding platforms like GoFundMe and Kickstarter, which might make it harder to attract donors.
  • No Anonymous Donations
    Donors cannot make anonymous contributions, which might deter those who prefer to keep their donations private.
  • Payout Delays
    Users have reported delays in receiving funds from their campaigns, which can be critical in time-sensitive situations, especially for medical needs.

Splitwise features and specs

  • User-Friendly Interface
    Splitwise provides an intuitive and easy-to-navigate interface, making it straightforward for users to add expenses, keep track of debts, and settle up.
  • Multi-Platform Availability
    Available on the web, iOS, and Android, Splitwise ensures users can access and manage their expenses from almost any device.
  • Expense Tracking
    The app allows users to easily log and categorize expenses, which can be particularly useful for group trips, shared households, or any shared financial responsibility.
  • Flexible Split Options
    Users can split expenses equally, by percentages, shares, or custom amounts, providing flexibility in how costs are divided among group members.
  • Currency Conversion
    Splitwise supports multiple currencies, which is handy for international travel or groups with members from different countries.
  • Bill Reminders
    The app sends reminders for outstanding balances, helping users to stay on top of their payments and avoid forgotten debts.
  • Integration with Payment Platforms
    Splitwise can integrate with payment platforms like PayPal and Venmo for easy settlement of balances.

Possible disadvantages of Splitwise

  • Privacy Concerns
    Since Splitwise involves sharing financial information with others, there could be privacy concerns for those unwilling to share detailed expense data.
  • Subscription-Based Features
    Some advanced features, such as expense exporting and additional integrations, require a Splitwise Pro subscription.
  • Manual Entry Requirement
    Splitwise requires users to manually enter expenses, which could be time-consuming and prone to errors if not done diligently.
  • Limited Automatic Reconciliation
    While Splitwise helps track who owes whom, it does not automatically reconcile or pay off balances, leaving users responsible for manual payment.
  • Dependency on Group Honesty
    The accuracy of the expense records relies on the honesty and diligence of all group members, which may not always be reliable.
  • Potential for Confusion
    The various options for splitting bills (equally, by shares, etc.) can sometimes lead to confusion or disputes among users over what is fair.

Analysis of Give Forward

Overall verdict

  • Give Forward was generally considered a positive option for those needing to raise funds for emergency or personal causes, especially in the realm of medical and healthcare-related expenses. Reviewers appreciated its user-friendly interface and the ability to directly aid individuals facing financial adversity. However, it is essential to note that Give Forward was acquired by YouCaring in 2017, which was then later acquired by GoFundMe. As a standalone platform, Give Forward no longer operates.

Why this product is good

  • Give Forward, known as giveforward.com, was a crowdfunding platform designed to help individuals raise money for personal causes, primarily healthcare expenses. It connected people who needed financial assistance with those willing to donate, providing support during challenging times. It offered an easy-to-use platform that facilitated the fundraising process with tools to share campaigns and receive donations.

Recommended for

    Individuals looking to raise funds for personal emergencies, particularly those related to healthcare or medical expenses, may have found Give Forward useful. However, they are encouraged to explore current platforms like GoFundMe that serve similar purposes.

Analysis of Splitwise

Overall verdict

  • Splitwise is a highly effective tool for managing shared expenses, especially if frequent splitting of costs is involved. Its features make it easy to track who owes what, and its automatic calculations save time and reduce errors.

Why this product is good

  • Splitwise is popular because it simplifies sharing and tracking expenses among groups, making it ideal for roommates, friends on trips, or any group spendings.
  • It automatically calculates balances and reminds users about payments, reducing the awkwardness of asking others for money.
  • Offers a user-friendly interface both on web and mobile apps, which makes managing expenses convenient and accessible.
  • Supports multiple currencies, which is great for international travel groups.
  • Integration with payment platforms like PayPal and Venmo for easy settlement of debts.

Recommended for

  • Roommates who need to regularly split household bills and expenses.
  • Groups of friends or families who often travel together and need to manage shared travel costs.
  • Colleagues or classmates working on projects or events that require shared funding.
  • Anyone who wants to avoid the hassle of manually tracking and settling shared expenses.

Give Forward videos

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Splitwise videos

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Splitwise - iPhone App Review! [2020]

More videos:

  • Review - Tricount vs Splitwise - App comparison
  • Demo - Splitwise Demo

Category Popularity

0-100% (relative to Give Forward and Splitwise)

Give Forward

Splitwise

Fundraising And Donation Management
100 100%
Fundraising And Donation Management
0% 0
Personal Finance
0 0%
Personal Finance
100% 100
Finance
27 27%
Finance
73% 73
Expense Tracking
0 0%
Expense Tracking
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Give Forward and Splitwise

Give Forward Reviews

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Splitwise Reviews

12 Best Bill Splitting Apps in 2023
Splitwise is among the most commonly used group payment apps that can easily keep a systematic record of all your informal debts including restaurant bills, travel expenses, cost of accommodation, and much more. With this expense sharing app, users can either create groups or split the bill privately among friends. Splitwise also registers and saves all the expenses and...
Source: www.mobileappdaily.com
6 Best Bill Splitting Apps for Hassle-Free Expense Sharing
Splitwise employs an intelligent algorithm to calculate the exact amount owed by each user. It shows who paid for what, how much amount was paid by each member, and any outstanding balances. Furthermore, the application also keeps everyone updated about their balances and recent transactions.
Source: www.how2shout.com
Best Bill-Splitting Apps
For example, shared items like appetizers would be split among the entire group or just a few people in the group. The app can handily accommodate large parties by allowing you to add up to 10 people to each group. Once youโ€™ve divided up the food among all the plates you can add in tax and tip. The app is made by the same company as Splitwise and is completely free. The only...
Source: www.thebalancemoney.com
7 Best Budgeting Tools and Apps for Personal Finance
This oneโ€™s not a complete budgeting app but itโ€™s still a handy one. Splitwise is a nifty app that helps people track how much they owe to friends and colleagues and vice versa. It makes sharing expenses on outings, meals, events, etc easy to track by logging in each transaction. It basically keeps a total over time, so that you can pay back the money in a large payment,...
Source: www.softwaresuggest.com

What are some alternatives?

When comparing Give Forward and Splitwise, you can also consider the following products

Charitable - A WordPress donation plugin that gives you full control over your fundraising experience.

Tricount - Manage and share expenses with friends

Give - A WordPress plugin for easily collecting donations

Settle Up - SETTLE UP is an indispensable app for friends and flatmates who need to keep track of shared bills...

GiveForms - Your Go-to Digital Fundraising Platform

Splid - Splid helps friends manage their money.

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