# Pennyworth vs Simple Spender 2

The clearest difference is ratings volume: Pennyworth at 1.3K against Simple Spender 2's 5. Pennyworth also leads on update cadence (weekly vs every 2 weeks). On price, rating, ads and in-app purchases there is nothing between them.

Both are free to download. Pennyworth sells 3 one-off in-app purchases and Simple Spender 2 sells 1 in-app purchase, starting at $0.99 per 6 months. Whichever you choose, the download price is not the number that matters.

On the App Store both sit at effectively the same score — 4.8 for Pennyworth against 4.8 for Simple Spender 2. That said, the two scores are not equally well evidenced: Pennyworth has 1.3K ratings behind it against 5, so its average is the more settled of the two.

Pennyworth ships an update weekly, Simple Spender 2 every 2 weeks. The most recent releases landed on October 29, 2026 and October 27, 2026 respectively.

## The numbers

| Metric | Pennyworth | Simple Spender 2 |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.8 (1.3K ratings)](https://appshunter.io/ios/app/pennyworth-expense-tracker/id954944283/reviews) | [4.8 (5 ratings)](https://appshunter.io/ios/app/simple-spender-2/id1586503194/reviews) |
| Number of ratings | **1.3K** | 5 |
| Positive reviews | 92.0% of reviews | — |
| In-app purchases | Yes | Yes |
| Ads | Yes | Yes |
| Update frequency | **Weekly** | Every 2 weeks |
| Monetization | Free with in-app purchases | Free with in-app purchases |
| Size | 67 MB | 48 MB |
| Requires iOS | 15.0 | **14.5** |
| Devices | **iPhone, iPod, Apple Watch** | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [Jack Xuan](https://appshunter.io/developer/943334381) | [Kwok Chun Hin](https://appshunter.io/developer/446734044) |

## What reviewers say

### Pennyworth

[App page](https://appshunter.io/ios/app/pennyworth-expense-tracker/id954944283)

Manage your finances, track spending, and create budgets with this powerful personal finance app. It offers detailed reports, charts, and tools for managing assets, investments, and credit cards. Securely store and analyze your financial data with iCloud sync and customizable options.

**Highlights:** Fast, intuitive expense tracking, Multiple financial books, iCloud sync and sharing, Smart tags for analysis, Advanced reports and charts, All-in-one asset management, Stock portfolio tracking

**Features:** macOS Compatibility, Apple Watch app, Vision Pro support

**In-app purchases (3)**

| Purchase | Price | Billing |
| --- | --- | --- |
| cloud book - sync and share | $2.99 | one-time |
| Stock Management | $2.99 | one-time |
| remove ads | $3.99 | one-time |

**What reviewers like**

- 👍 User-friendly app
- 🚀 Simple and intuitive interface
- 💡 Helpful budgeting and expense tracking features
- 🚀 Efficient data management
- 👍 Customizable categories and reports

**What reviewers complain about**

- 🐛 Recurring transaction issues causing duplicate entries
- 🔍 Lack of search functionality
- 📤 Difficulty exporting data
- 🔒 Concerns about data security and syncing between devices

**Reported bugs**

- Inconsistent data display (e.g., showing rounded numbers instead of actual amounts)
- Inability to add account balances
- Disappearance of user data after app updates

**Requested features**

- Add custom repeat option for recurring payments
- Implement a 'Are you sure?' prompt before deleting transactions
- Improve image quality and restoration for uploaded receipts
- Introduce a 'Paid' mark for scheduled transactions
- Expand budgeting features with more granular controls


### Simple Spender 2

[App page](https://appshunter.io/ios/app/simple-spender-2/id1586503194)

Easily track expenses and income, create personalized budgets, and visualize your spending habits with insightful graphs. This app prioritizes data privacy by storing all information locally on your device.

**Highlights:** Expense and income tracking, Personalized monthly budgeting, Data visualization with graphs, Local data storage for privacy, CSV import and export, Multiple currencies and payment methods

**Features:** macOS Compatibility

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| 6 Months Subscription | $0.99 | per 6 months |


## Frequently asked questions

### Is Pennyworth free?

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

### Is Simple Spender 2 free?

Simple Spender 2 is free to download, with in-app purchases available.

### Which has better reviews, Pennyworth or Simple Spender 2?

Pennyworth and Simple Spender 2 are both rated 4.8 out of 5 on the App Store, from 1.3K and 5 ratings respectively.

### Do Pennyworth or Simple Spender 2 have ads?

Both Pennyworth and Simple Spender 2 show ads.

### Which is updated more often, Pennyworth or Simple Spender 2?

Pennyworth ships an update weekly, and Simple Spender 2 every 2 weeks. Most recently, Pennyworth was updated on October 29, 2026 and Simple Spender 2 on October 27, 2026.

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