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, Honey
seems to be more popular. It has been mentioned
14 times
since March 2021.
social mentions
0 vs 14
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.
Automatic Coupon Searching Honey automatically searches for and applies the best coupon codes during the checkout process, saving users time and money.
Price Tracking Honey offers a price tracking tool called 'Droplist' that alerts users when the price of a saved item drops, helping them make purchases at the best price.
Browser Extension Availability Honey is available as an extension for multiple browsers including Chrome, Firefox, Safari, and Edge, making it easily accessible to a wide range of users.
Cashback Offers Through Honey Gold, users can earn rewards and cashback on purchases made at participating stores, providing extra value beyond coupon savings.
Wide Range of Supported Stores Honey has partnerships with thousands of online retailers, increasing the likelihood of finding applicable coupons for various online purchases.
Possible disadvantages
Privacy Concerns As a data-driven company, Honey collects and tracks user purchase information, which raises privacy concerns for those cautious about their data.
Occasionally Irrelevant Coupons Sometimes the coupons found and recommended by Honey may be invalid or less relevant, causing a potential inconvenience to users.
Limited Mobile App Functionality Honey's mobile app has less functionality compared to the browser extension, limiting its usefulness for mobile shoppers.
Potential Slower Checkout Process The process of searching and applying multiple coupons can sometimes slow down the checkout experience.
Not Always the Best Deals While Honey strives to find the best deals, it doesn't always guarantee the lowest prices and some discounts found manually may surpass what Honey offers.
Analysis
An editorial look at what each product does well and who it suits.
SplitwiseHoney
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
Honey is generally considered a good tool for online shoppers who want to save money effortlessly. It is widely praised for its ease of use, broad compatibility with various online retailers, and ability to find discounts that users might miss otherwise. However, as with any tool, experiences may vary depending on the stores shopped at and the availability of discounts.
Why this product is good
Honey (joinhoney.com) is a browser extension that helps users find and apply coupon codes automatically during online shopping. It simplifies the process of searching for discounts, saving time and money for users by applying the best available coupons at checkout. In addition to coupon codes, Honey offers a rewards program called Honey Gold, allowing users to earn points which can be redeemed for gift cards.
Recommended for
Honey is recommended for frequent online shoppers who want to maximize savings without spending extra time searching for coupon codes manually. It's particularly useful for individuals who shop at a wide variety of retailers and want a seamless way to apply discounts at checkout.
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....
The Honey app is a free app that does your coupon hunting for you. When you shop using the Honey browser extension, Honey will scour the net for you and find any available coupons for items you’re shopping for.
Life’s about to get a whole lot sweeter! Allow us to introduce you to Honey, one of the best coupon apps (in our opinion). Install the app on your Chrome browser, and Honey will search through the best coupons...
Everything else I use joinhoney.com just to collect cashback on purchases.
Source:
almost 4 years ago
Vessi opens first brick and mortar store in Metrotown.
Joinhoney.com is probably the most popular one. it's an extension (i think a phone app as well) and when you're shopping it will popup with a coupon code for the store if there is one available, either from the net or their own.
Source:
almost 4 years ago
Discount Codes
I used GIFT15 the other day but you should get honey just to make sure you're getting the best deal!
Source:
about 4 years ago
Tricount
Settle Up
Splid
Spliit
YNAB
ihatemoney
Splitser
