Money Manager Ex vs ihatemoney

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

Money Manager Ex is a Business & Commerce solution with tags like finance, budgeting, expense-tracking, open-source.

It boasts features such as Multi-platform support (Windows, Mac, Linux), Double-entry accounting, Support for multiple currencies, Scheduled transactions, Investment tracking, Budgeting tools, Visual charts and reports, Data export options, Cloud sync, Bank sync, Dark mode and pros including Free and open source, User-friendly interface, Strong budgeting and reporting features, Supports many currencies and accounts, Available on all major platforms, Active development community, Localization for many languages.

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.

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.

Money Manager Ex

Money Manager Ex

Money Manager Ex is a free, open-source personal finance software for tracking expenses, accounts, budgets, and investments. It offers user-friendly features to manage multiple bank accounts, generate spending reports, set budgets, and organize financial data across Windows, Mac, and Linux operating systems.

Categories:
finance budgeting expense-tracking open-source

Money Manager Ex Features

  1. Multi-platform support (Windows, Mac, Linux)
  2. Double-entry accounting
  3. Support for multiple currencies
  4. Scheduled transactions
  5. Investment tracking
  6. Budgeting tools
  7. Visual charts and reports
  8. Data export options
  9. Cloud sync
  10. Bank sync
  11. Dark mode

Pricing

  • Open Source

Pros

Free and open source

User-friendly interface

Strong budgeting and reporting features

Supports many currencies and accounts

Available on all major platforms

Active development community

Localization for many languages

Cons

Limited mobile app availability

Steep learning curve for beginners

No envelope budgeting

Only manual bank imports

No collaboration features


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