MoneyWallet vs ihatemoney

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

MoneyWallet is a Business & Commerce solution with tags like personal-finance, budgeting, expense-tracking.

It boasts features such as 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 pros including User-friendly interface, Robust feature set, Free version available, Syncs across devices, Good customer support, Secure encryption.

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.

MoneyWallet

MoneyWallet

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.

Categories:
personal-finance budgeting expense-tracking

MoneyWallet Features

  1. Budgeting tools
  2. Spending tracking
  3. Income tracking
  4. Investment tracking
  5. Net worth tracking
  6. Bank/credit card integration
  7. Multi-currency support
  8. Mobile & desktop apps
  9. Customizable categories & budgets
  10. Scheduled transactions
  11. Notifications & reminders

Pricing

  • Freemium
  • Subscription-Based

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


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