Software Alternatives & Startups

Splitwise VS Ravelry

Compare Splitwise VS Ravelry and see what are their differences

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!

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Ravelry

Ravelry is a community site, an organizational tool, and a yarn & pattern database for knitters and crocheters.

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Which is more popular?

Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 11

Base details

Website, pricing, platforms and company facts side by side.

Splitwise
R
Ravelry
Website splitwise.com ravelry.com
Listed in

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
R
Ravelry 5 features
  • 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.
  • Comprehensive Database
    Ravelry offers a vast and comprehensive database of patterns, projects, yarns, and designers, making it an invaluable resource for knitters and crocheters to find inspiration and instructions.
  • Community Features
    The platform provides extensive community features, including forums, groups, and messaging, which allow users to connect, share ideas, and seek advice from other fiber enthusiasts.
  • Organization Tools
    Ravelry offers tools to help users organize their projects, stash, needles, and patterns, making it easier to keep track of personal fiber-related resources and plans.
  • Pattern Reviews and Ratings
    Users can rate and review patterns, which helps others to assess the quality and difficulty of a pattern before starting a project.
  • Cross-Platform Access
    Ravelry is accessible from various devices, including computers, tablets, and smartphones, providing flexibility for users to access resources on the go.

Possible disadvantages

  • Complex Interface for Beginners
    The platform's interface can be overwhelming for new users due to its extensive features and options, potentially causing frustration or confusion.
  • Limited Non-English Content
    Most patterns and community interactions are in English, which can be a barrier for non-English speakers or those looking for resources in other languages.
  • Dependency on Internet Access
    Ravelry requires internet access for most of its features, limiting its utility for users without consistent online connectivity.
  • Moderation and Content Policies
    Some users might find the platform's content moderation policies too strict or politically biased, leading to potential dissatisfaction within certain user groups.
  • Privacy Concerns
    As with any online platform, users may have concerns about privacy and the handling of personal data, especially given the community-focused nature of Ravelry.

Analysis

An editorial look at what each product does well and who it suits.

Splitwise
R
Ravelry

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

  • Ravelry is an excellent, well-established online community and database for knitters, crocheters, and other fiber artists, offering an unparalleled collection of patterns, tools, and social features—all free to use.

Why this product is good

  • Massive searchable database of over a million knitting and crochet patterns, both free and paid
  • Strong, active community with forums, groups, and messaging to connect with fellow fiber crafters
  • Powerful project and stash management tools to track your yarn, needles, and works in progress
  • Detailed pattern filtering by yarn weight, gauge, difficulty, and more makes finding projects easy
  • Free to join and use, with a marketplace that supports independent designers and yarn shops
  • Yarn database with fiber details, reviews, and photos to help make informed purchasing decisions

Recommended for

  • Knitters and crocheters of all skill levels
  • Fiber artists who want to organize their yarn stash and projects
  • Independent pattern designers looking to sell and share their work
  • Crafters seeking a supportive online community and forums
  • People searching for a huge variety of free and paid patterns
  • Yarn enthusiasts wanting to research and review yarns before buying

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
R
Ravelry 0 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

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Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Splitwise
R
Ravelry
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
100% 100%

User comments

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

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Ravelry no reviews yet

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