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!
Net worth tracker for people who own assets through LLCs, trusts or rentals
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Which is more popular?
Based on our record, Exist
seems to be more popular. It has been mentioned
43 times
since March 2021.
social mentions
0 vs 43
Personal Finance popularity
100% vs 0%
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 Data Integration Exist integrates data from various services such as fitness trackers, social media, sleep monitors, and more, allowing for a wide range of data collection and analysis.
Personal Insights It provides personalized insights and correlations based on the data collected, helping users to better understand their habits and improve their lifestyle.
Custom Tracking Users can create custom tags to track specific activities or behaviors that are important to them, offering a high degree of personalization.
API Access Exist offers an API, enabling users to create custom integrations and extend the platform's functionality.
Mobile App Availability Exist is available as a mobile app, making it easy for users to input and check their data on the go.
Possible disadvantages
Subscription Cost Exist requires a paid subscription after the initial trial period, which may be a barrier for some users.
Privacy Concerns Collecting and integrating a wide range of personal data can raise privacy concerns, especially if the service is ever compromised.
Data Overload The sheer amount of data available can be overwhelming for some users, making it challenging to identify the most relevant insights.
Learning Curve New users may face a learning curve as they try to navigate the platform and make the best use of its features.
Limited Free Features The free version offers limited functionality, which may not be sufficient for users looking to fully explore the platform before committing to a subscription.
Analysis
An editorial look at what each product does well and who it suits.
SplitwiseExist
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....
As someone who has been on and off the Degoogle train (I ran full LineageOS without Google Play at one point) and is now pretty deep in iOS territory, I'd say the main thing for me has been email. I've used https://www.fastmail.com for a...
- Source: Hacker News
/
about 2 years ago
You may want to look into https://exist.io/. It's a very indie developer duo out of Australia (IIRC). And also IIRC they were looking for a buyer on Twitter some time ago.
- Source: Hacker News
/
about 3 years ago
Ask HN: Anyone using or working on a life dashboard?
I have used this previously when tracking health metrics and I couldn't much else that had integrations. https://exist.io/.
- Source: Hacker News
/
over 3 years ago
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