ihatemoney vs WeSplit.it

Struggling to choose between ihatemoney and WeSplit.it? 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, WeSplit.it is a Online Services product tagged with bill-splitting, expense-tracking, group-payments, money-management.

Its standout features include Easy bill splitting for groups, Supports uneven splits and tips/taxes, Intuitive and user-friendly interface, Ability to add expenses and track payments, Automatic calculation of each person's share, Mobile-friendly web app, and it shines with pros like Free to use, Simplifies the process of splitting bills and expenses, Suitable for both small and large groups, Accessible from any device with a web browser.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

ihatemoney

ihatemoney

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.

Categories:
expenses groups roommates travel open-source

Ihatemoney Features

  1. Track shared expenses for groups
  2. Add members and assign who owes who money
  3. Settle up balances within the group
  4. Email reminders about balances
  5. Mobile friendly interface
  6. Multi-currency support
  7. Export data

Pricing

  • Open Source

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


WeSplit.it

WeSplit.it

WeSplit.it is a free web app that allows groups of people to easily split bills, expenses, and payments. It has an intuitive interface that makes dividing costs quick and simple, even when dealing with large groups, uneven splits, tips, and taxes.

Categories:
bill-splitting expense-tracking group-payments money-management

WeSplit.it Features

  1. Easy bill splitting for groups
  2. Supports uneven splits and tips/taxes
  3. Intuitive and user-friendly interface
  4. Ability to add expenses and track payments
  5. Automatic calculation of each person's share
  6. Mobile-friendly web app

Pricing

  • Free

Pros

Free to use

Simplifies the process of splitting bills and expenses

Suitable for both small and large groups

Accessible from any device with a web browser

Cons

Limited features compared to paid alternatives

No mobile app, only a mobile-friendly web app

Relies on users to manually input expenses