ihatemoney vs MoneyWallet

Struggling to choose between ihatemoney and MoneyWallet? 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, MoneyWallet is a Business & Commerce product tagged with personal-finance, budgeting, expense-tracking.

Its standout features include Budgeting tools, Spending tracking, Income tracking, Investment tracking, Net worth tracking, Bank/credit card integration, Multi-currency support, Mobile & desktop apps, Customizable categories & budgets, Scheduled transactions, Notifications & reminders, and it shines with pros like User-friendly interface, Robust feature set, Free version available, Syncs across devices, Good customer support, Secure encryption.

Feature	ihatemoney	MoneyWallet
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.

MoneyWallet

Description: MoneyWallet is a personal finance manager app that allows users to track their income, spending, budgets, goals, investments, and net worth. It has an intuitive interface, useful reports and graphs, supports multiple currencies, connects bank accounts, and is available on iOS, Android, Mac, and Windows.

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

MoneyWallet Features

• Budgeting tools
• Spending tracking
• Income tracking
• Investment tracking
• Net worth tracking
• Bank/credit card integration
• Multi-currency support
• Mobile & desktop apps
• Customizable categories & budgets
• Scheduled transactions
• Notifications & reminders

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

MoneyWallet

Pros

• User-friendly interface
• Robust feature set
• Free version available
• Syncs across devices
• Good customer support
• Secure encryption

Cons

• Subscription is expensive
• Limited reporting in free version
• Slow syncing at times
• Steep learning curve

Pricing Comparison

ihatemoney

• Open Source

MoneyWallet

• Freemium
• Subscription-Based