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!
EU VAT and OSS preparation for creators and small SaaS. Brings your sales from each platform into one view, applies the right VAT rate per country, and prepares quarterly OSS figures for you or your accountant to review and file.
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Which is more popular?
Based on our record, Edmentum
seems to be more popular. It has been mentioned
1 time
since March 2021.
social mentions
0 vs 1
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 14
Base details
Website, pricing, platforms and company facts side by side.
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.
Comprehensive Curriculum Edmentum offers a wide range of courses and subjects, making it suitable for various educational needs across K-12 levels.
Customizable Learning Paths Educators can tailor the learning experience to fit individual student needs, helping to personalize education and address diverse learning styles.
Data-Driven Insights The platform provides detailed analytics and reporting tools that help educators track student progress and make informed instructional decisions.
Accessibility Being an online platform, Edmentum allows students to access educational content anytime and anywhere, supporting flexible learning schedules.
Possible disadvantages
Cost For some schools or districts, the cost of implementing Edmentum might be prohibitive, especially if budgets are tight.
Complexity for New Users The vast array of features and tools may present a steep learning curve for educators or administrators new to the platform.
Technical Issues Users sometimes experience technical glitches or downtime which can disrupt the learning experience.
Limited Interaction As a primarily digital platform, Edmentum might lack face-to-face interaction, which can be crucial for certain types of learning or learners.
Analysis
An editorial look at what each product does well and who it suits.
SplitwiseEdmentum
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.
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...
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...
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....
Recommendations tracked on public social media and blogs since March 2021.
Splitwise0 mentionsEdmentum1 mention
Tracking Splitwise since Mar 2021.
Anyone out there an independent study teacher?
They learn through an online program such as edmentum.com. Most school districts find something cheap (and boring). Most students can't make good progress unless their parents, or the teacher, guides them through it step by step. My...
Source:
over 3 years ago
Alternatives to Splitwise and Edmentum
When comparing Splitwise and Edmentum, you can also consider the following products.
Bridgeway Academy provides Accredited Home School Programs, Home Education Programs, Online Homeschooling Programs, and homeschooling curriculum to help parents teach essential skills to their students.
Compare Bridgeway Academy to Splitwise or Edmentum:
Homeschool Tracker is an online web app that enables thousands of people worldwide to track the hours and attendance of students, generate reports, manage copy and reschedule assignments, and more.
Compare Homeschool Tracker to Splitwise or Edmentum:
Homeschool Manager is a complete homeschooling solution that allows parents to organize the curriculum of their kids, track progress, record attendance, schedule lessons, and more from their laptops, desktops, and tablets.
Compare Homeschool Manager to Splitwise or Edmentum:
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