Splitwise vs Money Manager Ex

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

Splitwise is a Online Services solution with tags like expense-sharing, bill-splitting, iou-tracking, roommate-expenses, couple-expenses, group-expenses.

It boasts features such as Track shared expenses and balances owed, Organize expenses into groups and categories, Automatic expense splitting and IOU tracking, Mobile and desktop apps for easy access, Reminders for upcoming payments, Expense history and reporting, Integrations with other financial apps and pros including Free to use for basic features, Simplifies expense tracking for groups, Syncs across devices for convenience, Intuitive and user-friendly interface, Supports a variety of expense types.

On the other hand, Money Manager Ex is a Business & Commerce product tagged with finance, budgeting, expense-tracking, open-source.

Its standout features include 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 it shines with pros like 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.

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.

Splitwise

Splitwise

Splitwise is a free online tool that helps groups of people share expenses and track balances owed. It allows roommates, couples, groups of friends, family members, and others to easily track shared bills, rent, vacations, event costs and more. The interface is user-friendly and it syncs across mobile and desktop.

Categories:
expense-sharing bill-splitting iou-tracking roommate-expenses couple-expenses group-expenses

Splitwise Features

  1. Track shared expenses and balances owed
  2. Organize expenses into groups and categories
  3. Automatic expense splitting and IOU tracking
  4. Mobile and desktop apps for easy access
  5. Reminders for upcoming payments
  6. Expense history and reporting
  7. Integrations with other financial apps

Pricing

  • Free
  • Freemium

Pros

Free to use for basic features

Simplifies expense tracking for groups

Syncs across devices for convenience

Intuitive and user-friendly interface

Supports a variety of expense types

Cons

Limited features in the free version

Requires all group members to use the app

No advanced budgeting or financial planning tools

Potential privacy concerns with shared expenses


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