BillMonk vs ihatemoney

Struggling to choose between BillMonk and ihatemoney? Both products offer unique advantages, making it a tough decision.

BillMonk is a Business & Commerce solution with tags like bills, expenses, roommates, couples, friends, finances.

It boasts features such as Split bills and expenses, Track shared purchases, Settle up easily, Automatic reminders, Secure and private, Mobile app, Simple and intuitive, Syncs across devices and pros including Free to use, Easy to get started, Great for roommates and couples, Tracks expenses over time, Simplifies shared finances, Avoids money arguments.

On the other hand, ihatemoney is a Business & Commerce product tagged with expenses, groups, roommates, travel, open-source.

Its standout features include Track shared expenses for groups, Add members and assign who owes who money, Settle up balances within the group, Email reminders about balances, Mobile friendly interface, Multi-currency support, Export data, and it shines with pros like Free and open source, Simple and easy to use, Flexible for managing different group scenarios, Active development community.

Feature	BillMonk	ihatemoney
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Business & Commerce

Product Overview

BillMonk

Description: BillMonk is a free online application that allows roommates, couples, or friends to easily split shared bills and expenses. It tracks who owes what to whom over time, avoiding awkward conversations and simplifying shared finances.

ihatemoney

Description: ihatemoney is an open source web application that allows groups to track shared expenses in a simple and flexible way. It can be useful for roommates, travel companions, groups of friends, and more.

Key Features Comparison

BillMonk Features

• Split bills and expenses
• Track shared purchases
• Settle up easily
• Automatic reminders
• Secure and private
• Mobile app
• Simple and intuitive
• Syncs across devices

ihatemoney Features

• Track shared expenses for groups
• Add members and assign who owes who money
• Settle up balances within the group
• Email reminders about balances
• Mobile friendly interface
• Multi-currency support
• Export data

Pros & Cons Analysis

BillMonk

Pros

• Free to use
• Easy to get started
• Great for roommates and couples
• Tracks expenses over time
• Simplifies shared finances
• Avoids money arguments

Cons

• Limited features compared to paid options
• Mobile app could be better
• Some users want more customization
• Only available in US and Canada

ihatemoney

Pros

• Free and open source
• Simple and easy to use
• Flexible for managing different group scenarios
• Active development community

Cons

• Limited reporting capabilities
• No invoicing features
• Must host yourself or use third-party hosting

Pricing Comparison

BillMonk

• Freemium

ihatemoney

• Open Source