Software Alternatives, Accelerators & Startups

Splitwise VS Medito

Compare Splitwise VS Medito and see what are their differences

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Splitwise logo 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!

Medito logo Medito

100% Free Meditation App that will improve your Mental wellbeing with the help of Guided Meditations, Breathing Exercises, Mindfulness Practices, Relaxing Sounds, and more.
  • Splitwise Landing page
    Landing page //
    2023-01-23
  • Medito Landing page
    Landing page //
    2021-07-29

Splitwise features and specs

  • 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 of Splitwise

  • 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.

Medito features and specs

  • Free to Use
    Medito is completely free to use, with no hidden costs or in-app purchases, making it accessible to everyone regardless of their financial situation.
  • Comprehensive Meditation Library
    The app offers a wide variety of guided meditations, mindfulness exercises, and courses suitable for users at different levels, from beginners to advanced practitioners.
  • User-Friendly Interface
    Medito features an intuitive and easy-to-navigate user interface, which enhances the user experience and makes it straightforward to access and follow meditations.
  • No Ads
    The app does not contain any advertisements, which allows for an uninterrupted and focused meditation experience.
  • Community and Mission Driven
    Medito is created and supported by a non-profit organization focused on promoting mental well-being, which aligns the app's goals with community and user welfare rather than profit.

Possible disadvantages of Medito

  • Limited Offline Access
    Some users have reported difficulties accessing certain features or content offline, which can be a limitation for those without consistent internet connectivity.
  • Less Comprehensive Than Paid Apps
    While substantial, Medito's content library may not be as extensive or diverse as those offered by some paid meditation apps, potentially limiting options for some users.
  • No Personalized Feedback
    The app does not offer personalized feedback or coaching, which can be a drawback for users seeking tailored meditation guidance and progress tracking.
  • Limited Community Features
    Unlike some other meditation apps, Medito does not have robust community features, such as forums or social integration, which might be missed by users looking for a more communal experience.
  • Occasional Technical Issues
    Users have occasionally reported technical issues such as app crashes or bugs, which can disrupt the meditation experience.

Analysis of Splitwise

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.

Analysis of Medito

Overall verdict

  • Yes, Medito is considered a good platform for meditation and mindfulness practice, especially for those looking for a free and user-friendly resource.

Why this product is good

  • Medito is considered a good resource because it offers a free, comprehensive meditation app without ads or subscription fees. It provides a variety of guided meditations, mindfulness exercises, relaxation music, and courses for different levels of experience. The app is designed to support mental well-being and stress reduction, making meditation accessible to everyone.

Recommended for

  • Beginners looking to start meditation practice
  • Individuals seeking stress relief and mental well-being
  • Experienced meditators wanting a variety of guided sessions
  • People who prefer ad-free and cost-free meditation resources
  • Anyone interested in mindfulness and relaxation exercises

Splitwise videos

Splitwise - iPhone App Review! [2020]

More videos:

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

Medito videos

No Medito videos yet. You could help us improve this page by suggesting one.

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Category Popularity

0-100% (relative to Splitwise and Medito)
Personal Finance
100 100%
0% 0
Meditation
0 0%
100% 100
Expense Tracking
100 100%
0% 0
Health And Fitness
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Splitwise and Medito

Splitwise Reviews

12 Best Bill Splitting Apps in 2023
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 this expense sharing app, users can either create groups or split the bill privately among friends. Splitwise also registers and saves all the expenses and...
6 Best Bill Splitting Apps for Hassle-Free Expense Sharing
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 application also keeps everyone updated about their balances and recent transactions.
Best Bill-Splitting Apps
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. Once youโ€™ve divided up the food among all the plates you can add in tax and tip. The app is made by the same company as Splitwise and is completely free. The only...
7 Best Budgeting Tools and Apps for Personal Finance
This oneโ€™s not a complete budgeting app but itโ€™s still a handy one. Splitwise is a nifty app that helps people track how much they owe to friends and colleagues and vice versa. It makes sharing expenses on outings, meals, events, etc easy to track by logging in each transaction. It basically keeps a total over time, so that you can pay back the money in a large payment,...

Medito Reviews

Eight Meditation Apps That Are Cheaper (and Better) Than Headspace and Calm
Medito is another popular free option. It, too, is run by a not-for-profit organization and has a zero-ads policy. The app starts you off with a Medito course that can help you learn mindfulness, compassion meditation, and insight meditation. There are also options to learn gratitude practice.
Source: lifehacker.com

Social recommendations and mentions

Based on our record, Medito seems to be more popular. It has been mentiond 12 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Splitwise mentions (0)

We have not tracked any mentions of Splitwise yet. Tracking of Splitwise recommendations started around Mar 2021.

Medito mentions (12)

  • My mental health has sky rocketed down a cliff these past couple of days, feel pretty lost with life
    Sorry to hear this and good on you for posting and reaching out.. There has been some great advice already about counselling and journalling. Also, I recommend meditation (something I am trying to do more of, as my head is busy). This app is great - https://meditofoundation.org/medito-app. Source: about 3 years ago
  • Am I overthinking or am I just missing the point?
    I would also suggest using a timer app like Medito which is completely free and try to start off with 5 to 10 minutes sessions as many days a week as you can. Source: over 3 years ago
  • Please, how can I use my anger in a more productive way. Itโ€™s ruining my life.
    There's a great (totally free) app, medito, which has lessons that I think are some of the best introduction to getting meaningful results from meditation. Source: over 3 years ago
  • Another morning prayer call (Azaan)
    Use the prayer time as mindfulness meditation. Here's a free one. Source: over 3 years ago
  • Tips & Notes from Limitless with Chris Hemsworth
    Feeling Good by David D Burns, Free meditation app,Paid meditation app,Vipassana on YouTube. Source: over 3 years ago
View more

What are some alternatives?

When comparing Splitwise and Medito, you can also consider the following products

Tricount - Manage and share expenses with friends

Headspace - Meditation made simple. Brilliant things happen in calm minds.

Splid - Splid helps friends manage their money.

Calm - Calm.com can help you reduce stress and increase calm.

Settle Up - SETTLE UP is an indispensable app for friends and flatmates who need to keep track of shared bills...

ClearMind - Cognitive enhancement supplement