ihatemoney vs BillMonk

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

ihatemoney is a Business & Commerce solution with tags like expenses, groups, roommates, travel, open-source.

It boasts features such as 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 pros including Free and open source, Simple and easy to use, Flexible for managing different group scenarios, Active development community.

On the other hand, BillMonk is a Business & Commerce product tagged with bills, expenses, roommates, couples, friends, finances.

Its standout features include Split bills and expenses, Track shared purchases, Settle up easily, Automatic reminders, Secure and private, Mobile app, Simple and intuitive, Syncs across devices, and it shines with pros like Free to use, Easy to get started, Great for roommates and couples, Tracks expenses over time, Simplifies shared finances, Avoids money arguments.

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

Product Overview

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.

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.

Key Features Comparison

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

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

Pros & Cons Analysis

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

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

Pricing Comparison

ihatemoney

• Open Source

BillMonk

• Freemium