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Splitwise VS Explained Visually

Compare Splitwise VS Explained Visually 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
Promote on VibeVoted
Alternatives Is it good?
Explained Visually

An experiment in making hard ideas intuitive.

Rating
0 reviews
Promote on VibeVoted
Alternatives Is it good?
NAS Ledger
NAS Ledger combines Free core accounting with paid budgeting, inventory, project, payroll and multi-entity consolidation tools. sponsored
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, Explained Visually seems to be more popular. It has been mentioned 2 times since March 2021.

social mentions
0 vs 2
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 19

Base details

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

Splitwise
Explained Visually
Website splitwise.com setosa.io
Listed in
Personal Finance Expense Tracking Bill-Splitting Apps Finance +1
Education Productivity AI Online Learning +1

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Explained Visually 4 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.
  • Interactive Learning
    Provides interactive visualizations that help users understand complex concepts through engagement.
  • Simplified Explanations
    Breaks down difficult topics into easily comprehensible explanations, making them accessible to a wider audience.
  • Wide Range of Topics
    Covers various subjects, offering a broad spectrum of learning opportunities for users with different interests.
  • High-Quality Graphics
    Uses appealing and well-designed graphics that enhance understanding and retention of information.

Possible disadvantages

  • Limited Depth
    Some explanations may be too simplified for advanced users seeking in-depth understanding.
  • Dependent on Internet
    Requires a stable internet connection to access, which can be a limitation in areas with poor connectivity.
  • Device Compatibility
    Certain visualizations may not be compatible with all devices or screen sizes, affecting accessibility.

Analysis

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

Splitwise
Explained Visually

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 Explained Visually yet.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Explained Visually 0 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

No Explained Visually 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
Explained Visually
100% 100%
Personal Finance
0% 0%
0% 0%
Education
100% 100%
100% 100%
Expense Tracking
0% 0%
0% 0%
AI
100% 100%

User comments

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Reviews and articles

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

Splitwise no reviews yet
Explained Visually 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
Explained Visually 2 mentions

Tracking Splitwise since Mar 2021.

  • The Perceptron – An Interactive Explanation
    This is from one of the authors of Explained Visually, which has a ton of great visual explanations: https://setosa.io/ev/. - Source: Hacker News / about 3 years ago
  • Is there a site that has most of the Computer Science algorithms/data structures animated?
    Several ML/statistics concepts are visually explained beautifully here: https://setosa.io/ev/. Source: about 5 years ago

Alternatives to Splitwise and Explained Visually

When comparing Splitwise and Explained Visually, you can also consider the following products.

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