Software Alternatives & Startups

Splitwise VS Designjoy.co

Compare Splitwise VS Designjoy.co and see what are their differences

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!

Rating
0 reviews
Designjoy.co

The #1 unlimited product design subscription service for agencies, startups, and entrepreneurs.

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Rating
0 reviews
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Based on our record, Designjoy.co seems to be more popular. It has been mentioned 5 times since March 2021.

social mentions
0 vs 5
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 49

Base details

Website, pricing, platforms and company facts side by side.

Splitwise
Designjoy.co
Website splitwise.com designjoy.co
Pricing —
Listed in

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Designjoy.co 5 features
  • 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

  • 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.
  • Unlimited Design Requests
    Designjoy.co offers unlimited design requests, which allows clients to continuously submit projects without worrying about extra costs for each new request.
  • Fast Turnaround Time
    The service promises fast turnaround times, often delivering designs within 48 hours, enabling clients to push projects forward without significant delays.
  • No Hiring Complexity
    Clients can bypass the complexities of hiring full-time or freelance designers, thus saving time and administrative resources.
  • Flat-rate Pricing
    Designjoy.co operates on a flat-rate subscription model, providing predictable expenses for businesses looking to manage their budgets efficiently.
  • Quality Designs
    They emphasize high-quality design outputs, aiming to deliver professional and visually appealing results to meet clients' standards.

Possible disadvantages

  • Limited Creative Interaction
    Due to the remote nature of the service, there may be limited opportunities for in-person or real-time creative collaboration between designers and clients.
  • Over-reliance on Brief Accuracy
    The quality of the final design heavily depends on the clarity and detail of the initial design brief provided by the client.
  • Potential for Backlog
    With unlimited requests, there is a possibility that customers may experience backlogs during peak times, potentially delaying project completions.
  • Subscription Cost
    The flat-rate subscription might be expensive for small businesses or individuals who have fewer design needs, making it less cost-effective compared to hiring freelance designers for sporadic projects.
  • Lack of Specialized Skills
    While capable of handling a broad range of design tasks, the service may not cater to very specialized design needs that require niche expertise.

Analysis

An editorial look at what each product does well and who it suits.

Splitwise
Designjoy.co

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.

No analysis of Designjoy.co yet.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Designjoy.co 0 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

No Designjoy.co videos yet. You could help us improve this page by suggesting one.

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Splitwise
Designjoy.co
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
100% 100%

User comments

Share your experience with using Splitwise and Designjoy.co. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Splitwise no reviews yet
Designjoy.co no reviews yet

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Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Splitwise 0 mentions
Designjoy.co 5 mentions

Tracking Splitwise since Mar 2021.

  • From $0 to $4000/m with an "overdone" business model
    I reckon a lot of you are familiar with—and probably bored to death by—the idea of the "productized" consultancy by now. If not, DesignJoy is the most famous example of it, and possibly the one that kickstarted the entire craze. Source: almost 3 years ago
  • Writing as a service?
    Hello folks, inspired by the entrepreneur behind designjoy.co, I slapped together a quick alpha version of a similar offering for writing. I'd love the community's feedback, especially around the clarity behind the offering. Source: about 3 years ago
  • Advices on making money online.
    You've already got a very in-demand skill as a front-end developer - try freelancing on the side. Don't just look at upwork and fiverr - think outside of the box. Look at designjoy.co - it's a one-man design agency (a freelancer but... Source: over 3 years ago

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Alternatives to Splitwise and Designjoy.co

When comparing Splitwise and Designjoy.co, you can also consider the following products.