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
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, Hookstate
seems to be more popular. It has been mentioned
17 times
since March 2021.
social mentions
0 vs 17
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 26
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.
Reactivity Hookstate provides a highly reactive state management system that efficiently updates components only when necessary, enhancing performance compared to some other state management solutions.
Simplicity and Ease of Use The API of Hookstate is straightforward and easy to integrate, especially for developers already familiar with React hooks, reducing the learning curve and simplifying state management.
Type Safety Hookstate comes with TypeScript support out-of-the-box, offering type safety and better developer experience when working with complex state structures.
Plugin Architecture Hookstate supports a plugin architecture that allows developers to extend its functionality, such as persistence, using shared plugins, making it highly customizable.
Global and Local State Management It provides seamless management for both global and local state, allowing flexibility in designing applications without the need for separate libraries.
Possible disadvantages
Limited Community and Ecosystem Hookstate, while growing, is less popular compared to other state management libraries, which might mean fewer community resources, tutorials, or third-party plugins available.
Learning New Concepts For developers used to more traditional state management approaches, adopting a library like Hookstate may require learning new paradigms, particularly its reactivity model.
Library Size Although not excessively large, Hookstate still adds additional weight to your project, which might be a consideration for projects focused on minimal footprint.
Immature Compared to Established Libraries Being less mature than more established libraries like Redux, there might be undiscovered edge cases or less battle-tested scenarios in production environments.
Analysis
An editorial look at what each product does well and who it suits.
Splitwise
H
Hookstate
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....
Of course, our overview has only scratched the surface of what’s available in the rich ecosystem of state management solutions for React. There are many more great libraries out there — such as Overmind, Apollo Client (for...
- Source: dev.to
/
over 1 year ago
ReactJS Good Practices
Avoid using complex state structures to make it easier to manage and debug. There are multiple libraries to help manage complex state management such as Redux, Hookstate, etc.
- Source: dev.to
/
about 3 years ago
As you stumble on this post and article, do check out one library not mentioned in this list: hookstate. I'm a big fan, the API is very simple and it offers lots of extendability options.
Source:
over 4 years ago
Tricount
Settle Up
Splid
Spliit
YNAB
ihatemoney
Splitser
Redux.js
React
react-context
vuex
MobX
React Easy State
GatsbyJS
