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!
Organize purchase receipts, track warranty deadlines, and download a searchable offline copy with your photos and PDFs.
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Which is more popular?
Based on our record, Klima
seems to be more popular. It has been mentioned
6 times
since March 2021.
social mentions
0 vs 6
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 54
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.
User-Friendly Interface Klima's platform is designed to be intuitive and easy to use, allowing users to quickly understand and engage with carbon offsetting and sustainability efforts.
Comprehensive Carbon Footprint Tracking The platform provides detailed insights into an individual's carbon footprint and offers actionable tips for reducing emissions.
Verified Carbon Offsetting Projects Klima partners with verified carbon offsetting projects, ensuring that users are contributing to legitimate and effective environmental efforts.
Subscription Model Klima offers a subscription-based service that allows users to consistently offset their carbon footprint, promoting sustained environmental impact.
Possible disadvantages
Subscription Costs The subscription model may be financially burdensome for some users, potentially limiting accessibility to those who cannot afford ongoing payments.
Dependence on Technology Users need to have access to a smartphone or web-enabled device to fully utilize Klima’s offerings, which may be a barrier for some.
Complexity of Carbon Impact While Klima provides useful tools for carbon offsetting, the broader complexities of an individual's or company's overall carbon impact may not be fully addressed.
Limited Scope of Services Klima primarily focuses on carbon offsetting, which might not encompass all aspects of sustainability or lead to direct behavioral changes in users.
Analysis
An editorial look at what each product does well and who it suits.
SplitwiseKlima
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....
Recommendations tracked on public social media and blogs since March 2021.
Splitwise0 mentionsKlima6 mentions
Tracking Splitwise since Mar 2021.
Curious why gas prices suddenly went up by 30 cents? Blame Inslee the the carbon auctions. Read more here
Klima Holdings W LLC They're fighting climate change by buying credits and reselling for a profit. They are not a WA energy company that ultimately is mandated to purchase carbon credits to continue operating in WA.
Source:
over 3 years ago
Built app to gamify reductions in carbon emissions
I read that you wanted to create an App for a gym company. Have you thought about applying for a position at https://klima.com/ ?
If I were in your shoes, I would definitely do so. They may be in Berlin but they'll probably be into...
Source:
almost 4 years ago
Work Benefits / Perks
I work for a small startup in Berlin (Klima) and I’ve had very similar conditions in my previous company of a similar size (20-30 people). It’s definitely not the norm here though, so I consider myself lucky to work in these progressive...
Source:
about 5 years ago
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