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, Facebook Messenger
seems to be more popular. It has been mentioned
52 times
since March 2021.
social mentions
0 vs 52
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.
Widespread Usage Facebook Messenger is used by billions of people worldwide, making it highly likely that your friends and family are already on the platform.
Free Messaging Messenger allows you to send unlimited text messages, voice messages, and make voice and video calls for free over an internet connection.
Integration with Facebook Seamless integration with Facebook allows for easy connection with your existing Facebook friends without needing to exchange phone numbers.
Multimedia Support You can send and receive photos, videos, GIFs, stickers, and even share your location through Messenger.
Business Features Messenger offers features tailored for businesses, including customer support, appointment scheduling, and advertising opportunities.
Platform Availability Available on multiple platforms, including iOS, Android, and desktop, making it accessible regardless of device preference.
Rich Set of Features Messenger offers a variety of features including group chats, games, bots, and the ability to integrate with other apps within the platform.
Encryption Provides an option for secret conversations that use end-to-end encryption, enhancing message security.
Possible disadvantages
Privacy Concerns Facebook has faced several privacy-related controversies, and users may be wary of sharing personal information on Messenger.
Data Usage Messenger can consume a significant amount of data, especially with the use of video calls and multimedia sharing.
Notifications Frequent and sometimes intrusive notifications can be overwhelming for users, particularly in active group chats.
Resource Intensive The Messenger app can be resource-intensive, potentially slowing down your device and draining battery life more quickly.
Ad Integration Users may find the in-app advertisements annoying and intrusive, disrupting the messaging experience.
Complexity With a wide array of features, some users may find the platform confusing or overwhelming, especially those looking for simple messaging functionality.
Non-Standard Encryption While secret conversations offer end-to-end encryption, regular chats do not, potentially exposing private conversations to unauthorized access.
Analysis
An editorial look at what each product does well and who it suits.
SplitwiseFacebook Messenger
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.
Overall verdict
Facebook Messenger is a good communication tool for those seeking to communicate with others who are active on Facebook. Its ease of use, wide range of features, and integration with the Facebook ecosystem make it a strong choice for personal and informal communication.
Why this product is good
Facebook Messenger is integrated with the Facebook platform, making it easy to connect with a large user base. It offers features such as text messaging, voice and video calls, group chats, and multimedia sharing, which make it a versatile communication tool. Additionally, it supports features like emojis, stickers, reactions, and more recently, integrations with various apps for an enriched messaging experience.
Recommended for
Facebook Messenger is recommended for individuals who are already using Facebook and want a simple, cohesive way to communicate with friends and family. It is also suitable for those who prefer messaging platforms with a broad user base and integration with social media features.
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....
Messenger was developed by Meta which is a messaging app and one of the best Telegram alternatives. Messenger is not just only used to send messages but also it is used to send or receive photos, videos, stickers, and...
Facebook Messenger is an incredibly popular messaging app thanks to its connection to Facebook, and it's available for free for both iPhone and Android (plus you can use it in a browser). It includes all the basics,...
Both WhatsApp and Facebook Messenger support group voice/video calls, but since these are tailored more for basic calls over mobile or the web, you won’t find enterprise-level conferencing features here. If all you...
Recommendations tracked on public social media and blogs since March 2021.
Splitwise0 mentionsFacebook Messenger52 mentions
Tracking Splitwise since Mar 2021.
Did messenger get rid of the ignore or restrict button?
I can't see it anymore in messenger.com and it also disappeared in my ios app.
I don't see ignore and I also don't see restrict.
Source:
about 3 years ago
Tricount
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