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
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Splitwise: Share Expenses & Track Balances
Free online tool for groups to share expenses, track balances owed, and manage shared bills with ease, syncing across devices
What is Splitwise?
Splitwise is a popular free online tool used for sharing expenses and tracking balances within a group. It is designed to help roommates, couples, families, friends, and other groups easily organize shared costs for things like rent, utilities, trips, meals out, and more.
Some key features of Splitwise include:
- Intuitive interface that makes it simple to add expenses, define who owes what, and track balances
- Syncs across mobile and desktop so you can access your expenses on the go
- Supports different currencies and payment methods
- Offers tools for splitting expenses evenly, dividing by shares, creating custom splits, and more
- Notifications when you owe or are owed money
- Settling up features like PayPal integration
- Reporting to view group or individual expenses and balances over time
Overall, Splitwise is ideal for simple household and group expense sharing. It offers a user-friendly way to eliminate IOUs, track who owes who, and simplify keeping the books on shared costs among family, friends and housemates. The free price point makes it accessible for most groups' needs.
Splitwise Features
Features
- 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
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
Official Links
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Top Online Services and Expense Tracking and other similar apps like Splitwise
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