Softwr

Personal Finance · head to head

Goodbudget vs Splitwise

Goodbudget logo

Goodbudget

Personal Finance

Digital envelope budgeting app

From
Free
Rated
-
Full reviewWebsite
Splitwise logo

Splitwise

Personal Finance

Split expenses easily with friends

From
Free
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Goodbudget free plan is capped at 10 regular envelopes, 10 more envelopes, 1 account, 2 devices and 1 year of history; Splitwise the free tier limits how many expenses can be added in a day and shows adverts
  • They diverge on capability: Goodbudget covers Envelope budgeting, Splitwise covers Bill splitting.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Goodbudget and Splitwise actually diverge.

Attributes where Goodbudget and Splitwise differ
AttributeGoodbudgetSplitwise
Founded20122011

Identical on both: starting price (Free), pricing model (freemium), free tier (Yes), platforms (Web, IOS, Android), user rating (Not yet rated), category (Personal Finance).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Goodbudget

  • Envelope budgeting
  • Shared budgets
  • Receipt scanning
  • Bank accounts

Only in Splitwise

  • Bill splitting
  • Group management
  • Settlement tracking
  • Venmo
  • PayPal

Both cover

  • Expense tracking
  • Web support
  • IOS support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

Goodbudget

  • Envelope method budgetingnot Splitwise
  • Sharing a household budget across a couple's devicesnot Splitwise
  • Tracking debt payoff alongside envelopesnot Splitwise

Splitwise

  • Splitting shared household bills between flatmatesnot Goodbudget
  • Tracking who owes what on a group tripnot Goodbudget
  • Settling up across currencies on the Pro plannot Goodbudget
  • Recording IOUs between friends over timenot Goodbudget

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Goodbudget

  • Free plan is capped at 10 regular envelopes, 10 more envelopes, 1 account, 2 devices and 1 year of history
  • Automatic bank sync is Premium only and works with US banks only
  • Premium is limited to 5 devices and 7 years of history
  • Free plan gets community support only; email support requires Premium
  • Premium costs $10 per month or $80 per year

Splitwise

  • The free tier limits how many expenses can be added in a day and shows adverts
  • Transaction import works in the United States only
  • Currency conversion, receipt scanning, charts and expense search are all Pro features
  • The Pro price is not shown on the product page

Pricing, plan by plan

Goodbudget

Free
  • FreeFree
    • 10 envelopes
    • Basic tracking
  • Plus$5.99/month
    • Unlimited envelopes
    • Advanced reports
    • Receipt capture

Splitwise

Free
  • FreeFree
    • Bill splitting
    • Group tracking
    • Mobile app
  • Splitwise Pro$4.99/month
    • Receipt scanning
    • Advanced analytics
    • No ads

Which should you pick?

Choose Goodbudget if

  • You need envelope budgeting.
  • You want to start without paying.
  • You work on Web, IOS, Android.
  • You also want shared budgets.
Goodbudget review

Choose Splitwise if

  • You need bill splitting.
  • You want to start without paying.
  • You work on Web, IOS, Android.
  • You also want group management.
Splitwise review

Questions people ask

Is Goodbudget or Splitwise better?
Neither clearly leads. Goodbudget starts at Free and Splitwise at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Goodbudget or Splitwise?
Goodbudget starts at Free and Splitwise at Free.
Does Goodbudget or Splitwise run on more platforms?
Both run on Web, IOS, Android, so platform support will not decide this one for you.
Can I use Goodbudget for free?
Both have a free tier, so you can try either at no cost before committing.
What is Goodbudget best used for?
Goodbudget is most often used for envelope method budgeting, sharing a household budget across a couple's devices, tracking debt payoff alongside envelopes. Of those, envelope method budgeting and sharing a household budget across a couple's devices are not what Splitwise is typically brought in for.
What can Goodbudget do that Splitwise cannot?
Goodbudget covers Envelope budgeting, Shared budgets, Receipt scanning, Bank accounts. Splitwise covers Bill splitting, Group management, Settlement tracking, Venmo. Both handle Expense tracking, Web support, IOS support, Android support.

Answered from the vendors’ own pages

Goodbudget: How much does Goodbudget cost?

Goodbudget pricing details are not available on the main website. The platform offers a free version and a Premium tier, but specific costs and features are not published.

Source
Splitwise: Is there a free version of Splitwise?

Yes, Splitwise offers a free version available for iPhone, Android, and web with core features including adding groups and friends, splitting expenses, recording debts, equal or unequal splits, offline mode, and cloud sync.

Source
Splitwise: What is Splitwise PRO and how much does it cost?

Splitwise PRO is an upgrade offering receipt scanning, charts and graphs, currency conversion, and additional features. The specific price is not published on the main website; users must visit the subscription page or access the app to view pricing details.

Source
Share

Related pages

More on Goodbudget

More on Splitwise

Keep looking

Other head to heads