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Personal Finance · head to head

Money Manager vs Wallet

Money Manager logo

Money Manager

Personal Finance

Personal and household finance tracker

From
Free
Rated
-
W

Wallet

Personal Finance

Smart expense tracking and budgeting

From
Free
Rated
-

The short version

  • They diverge on capability: Money Manager covers Budget tracking, Wallet covers Budget management.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Money Manager and Wallet actually diverge.

Attributes where Money Manager and Wallet differ
AttributeMoney ManagerWallet
Pricing modelopen-sourcefreemium
PlatformsWindows, Mac, Linux, IOS, AndroidWeb, IOS, Android
Founded20052010

Identical on both: starting price (Free), free tier (Yes), 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 Money Manager

  • Budget tracking
  • Reporting
  • Multi-currency support
  • Import/Export
  • CSV
  • Windows support
  • Mac support
  • Linux support

Only in Wallet

  • Budget management
  • Receipt scanning
  • Financial analytics
  • Bank accounts
  • Web support

Both cover

  • Expense tracking
  • IOS support
  • Android support

What people use each for

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

Money Manager

  • Free desktop personal finance tracking on Windows, macOS and Linuxnot Wallet
  • Running a portable personal accounts file from removable media on Windowsnot Wallet
  • Categorising spending and reporting on personal accounts without a subscriptionnot Wallet

Wallet

  • Budget Managementnot Money Manager
  • Expense Trackingnot Money Manager
  • Investment Trackingnot Money Manager

Where each one falls short

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

Money Manager

  • Databases created by version 1.4.x are not readable by current releases and produce the error MMEX database version 13 doesn't work with this MMEX version, requiring a manual conversion procedure
  • Linux is supported only through Flatpak builds for aarch64 and x86_64
  • The download page states no system requirements, deferring them to a separate compatibility page
  • There is no vendor support contract; the project is distributed as open source with no paid tier

Wallet

Nothing recorded yet. See the Wallet review.

Pricing, plan by plan

Money Manager

Free
  • Open SourceFree
    • Expense tracking
    • Budget management
    • Reports

Wallet

Free
  • FreeFree
    • Expense tracking
    • Basic budgets
  • Premium$4.99/month
    • Advanced analytics
    • Custom categories
    • Receipt scanning

Which should you pick?

Choose Money Manager if

  • You need budget tracking.
  • You want to start without paying.
  • You work on Windows, Mac, Linux, IOS, Android.
  • You also want reporting.

Choose Wallet if

  • You need budget management.
  • You want to start without paying.
  • You work on Web, IOS, Android.
  • You also want receipt scanning.

Questions people ask

Is Money Manager or Wallet better?
Neither clearly leads. Money Manager starts at Free and Wallet at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Money Manager or Wallet?
Money Manager starts at Free and Wallet at Free.
Does Money Manager or Wallet run on more platforms?
Money Manager runs on Windows, Mac, Linux, IOS, Android. Wallet runs on Web, IOS, Android.
Can I use Money Manager for free?
Both have a free tier, so you can try either at no cost before committing.
What is Money Manager best used for?
Money Manager is most often used for free desktop personal finance tracking on windows, macos and linux, running a portable personal accounts file from removable media on windows, categorising spending and reporting on personal accounts without a subscription. Of those, free desktop personal finance tracking on windows, macos and linux and running a portable personal accounts file from removable media on windows are not what Wallet is typically brought in for.
What can Money Manager do that Wallet cannot?
Money Manager covers Budget tracking, Reporting, Multi-currency support, Import/Export. Wallet covers Budget management, Receipt scanning, Financial analytics, Bank accounts. Both handle Expense tracking, IOS support, Android support.

Answered from the vendors’ own pages

Money Manager: How much does MoneyManager Ex cost?

MoneyManager Ex is completely free and open source software with no charges, subscriptions, or hidden fees of any kind.

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