# Spendful vs BalanceWise

Spendful and BalanceWise are too close to call on the numbers: across 6 compared parameters — price, update cadence, ads and in-app purchases among them — neither pulls far enough ahead to decide it. What separates them is feature set and interface, not measurable difference.

Both are free to download. Spendful sells 3 in-app purchases, starting at $2.99 per month and BalanceWise sells 2 in-app purchases, starting at $4.99 per month. Whichever you choose, the download price is not the number that matters.

Spendful ships an update every 2 weeks, BalanceWise weekly. The most recent releases landed on October 16, 2026 and October 28, 2026 respectively.

## The numbers

| Metric | Spendful | BalanceWise |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[5.0 (3 ratings)](https://appshunter.io/ios/app/spendful-mindful-spending/id6757114071/reviews)** | — |
| Number of ratings | **3** | — |
| Positive reviews | 100.0% of reviews | — |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | Every 2 weeks | **Weekly** |
| Monetization | Freemium | — |
| Size | 38 MB | 4 MB |
| Requires iOS | **15.1** | 15.6 |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Age rating | 4+ | 4+ |
| Developer | [Khoa Bui](https://appshunter.io/developer/1864652410) | [Juan Marroquin](https://appshunter.io/developer/1886219096) |

## What reviewers say

### Spendful

[App page](https://appshunter.io/ios/app/spendful-mindful-spending/id6757114071)

This app helps you track daily expenses with a focus on mindful awareness rather than strict budgeting. Log purchases manually, scan receipts, and receive AI-powered insights into your spending habits. It offers a calm, judgment-free approach to understanding your financial flow.

**Highlights:** Mindful spending awareness, Receipt scanning for automatic logging, AI-powered spending insights, AI Companion for logging and reflection, Journal for personal spending thoughts, Offline-first operation, No bank connections required

**Features:** Family Sharing

**In-app purchases (3)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Spendful Premium (Monthly) | $2.99 | per month |
| Spendful Premium (Yearly) | $24.99 | per year |
| Spendful Premium (Lifetime) | $39.99 | one-time |


### BalanceWise

[App page](https://appshunter.io/ios/app/balancewise/id6760785739)

**Features:** macOS Compatibility, Family Sharing, Vision Pro support

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| BalanceWise Pro | $4.99 | per month |
| BalanceWise Pro Annual | $47.99 | per year |


## Frequently asked questions

### Is Spendful free?

Spendful is free to download, with in-app purchases available.

### Is BalanceWise free?

BalanceWise is free to download, with in-app purchases available.

### Do Spendful or BalanceWise have ads?

Neither Spendful nor BalanceWise shows ads.

### Which is updated more often, Spendful or BalanceWise?

Spendful ships an update every 2 weeks, and BalanceWise weekly. Most recently, Spendful was updated on October 16, 2026 and BalanceWise on October 28, 2026.

---

*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*