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Simple Money vs Spendee

Spendee attracted European users with attractive charts and affordable pricing. The concern: development has stalled, bank sync is unreliable, and support is effectively absent.

What Spendee does well

Spendee has attractive charts and visualizations. The travel wallet feature is useful for frequent travelers. At roughly EUR 24/year, the base price is affordable. The app originally attracted European users with its design-focused approach.

Where Spendee users consistently struggle

  • Development has stalledfeatures marked "coming soon" for years, bug fixes take months

  • Auto-created transactions from bank sync cannot be editederrors in synced data are locked

  • Duplicate transactions from bank sync clutter records and skew totals

  • Correcting a category does not teach the systemthe same merchant gets miscategorized every time

  • Support tickets go unanswered for weeks with no active community or documentation updates

Feature comparison

FeatureSimple MoneySpendee
Active developmentYes, in-app changelogStalled
Bank connectionNot requiredOptional (broken for many banks)
Transaction editingFull CRUD on all transactionsSynced transactions locked
Duplicate detectionBuilt-inNo
Merchant memoryLearns from correctionsDoes not learn
Debt calculatorsSnowball + AvalancheNo
FIRE calculatorYesNo
Budget trackingFull budget vs actualBasic
Data encryptionAES-256 at restStandard
Annual priceEUR 79/year~EUR 24/year
Travel walletMulti-currency accountsDedicated travel feature

Who should choose Spendee

If you primarily need a simple expense tracker with nice charts at the lowest price point, and you can tolerate stale development, Spendee is affordable.

Who should choose Simple Money

If you want an actively developed European finance app with full budgeting, debt calculators, FIRE planning, merchant memory that learns, and reliable data you can trust, Simple Money is built for that.

Try Simple Money free

No bank connection. Full premium for 14 days, no credit card required.