3 ms·
Splitwise user who absolutely loves it here. I wouldn't think to do budgeting on it at all. Its purpose is splitting expenses, nothing more. It does it great an
by adjkant 9y ago
Splitwise user who absolutely loves it here. I wouldn't think to do budgeting on it at all. Its purpose is splitting expenses, nothing more. It does it great and the single function is a part of why I use it. Hooking up with Venmo, big plus. People here are talking modularity, and those two services are great examples.
Honeydue looks to be budgeting and larger finance management targeted at couples. I don't know Buxfer well, but it looks like the couples targeting is the variation it has over it.
As someone in a long term relationship who expects to be sharing finances relatively soon, Honeydue looks like a very interesting option. Currently we are separate but discuss and keep tabs on spending together, and have one giant splitwise going. The majority of that budgeting is done on Excel / Sheets - good for customizability, but a bit of a pain. Once we merge accounts and the like, that Splitwise goes away and Honeydue may just come in now that I know about it. It if was just me, I would have no need for Buxfer.
- davedx 9y agoYeah, long term relationship here, we split our expenses using Google Sheets. I have to say I don't feel any pain doing it this way, and it's super simple - just sum two columns and show the outstanding difference. I certainly appreciate how often applications can grow out of spreadsheets, but I don't see why I need an application to do this kind of thing...
- adjkant 9y agoSome questions that add complications, particularly when finances merge: What are the individual budgets by activity for each person and how is the budget reflecting reality? What about any shared bank accounts? Do you separate investments by person? How do you handle diversification? Those questions are not all current problems or by any means all possible problems, but hopefully you can see how a spreadsheet could grow too big for its bridges there. If Honeydue were able to provide an easy method that addresses many of those questions, it would be impressive. TBD of course, and color me a bit doubtful. I've thought of making a personalized app for myself given the level of detail I'd probably require for me to use it.