It tells you your flatmate owes you 3,150 dirhams. It has no idea what that means for you, because it has no idea what else you have. NetWorth+ treats the balance as what it is — an asset — and puts it in your total.
In short
NetWorth+ is a free Android alternative to Splitwise for people who want expense splitting to be part of a full financial picture rather than a separate app. It splits costs by any ratio, keeps running balances between people, and records settlements — and then carries what you are owed into your net worth as an asset and what you owe as a liability. It adds no daily limit on expenses, shows no advertisements, includes multi-currency with the exchange rate stored on the day, and can read bank alert SMS on the device to fill in amounts. Splitwise remains better on three points: it is on iPhone, it is far more widely installed among the friends you need to split with, and it is designed around groups first.
Cost
Free, no ads, no daily cap
Platform
Android only
Beyond splitting
Full net worth, budgets, loans
Checked
August 2026
Side by side
| Splitwise | NetWorth+ | |
|---|---|---|
| Core purpose | Splitting costs between people | Full personal finance, splitting included |
| Free tier limits | Around three expenses a day on the free plan | No cap |
| Advertisements | Shown on the free plan | None, and no advertising SDKs |
| Paid tier | Pro at roughly $4.99 a month or $49.99 a year | No paid tier |
| Currency conversion | A Pro feature | Included, with the rate kept per entry |
| Receipt scanning | A Pro feature | Included, read on the device |
| Balance counts toward your net worth | No | Yes |
| Bank SMS capture | No | Yes, on device, you approve |
| Budgets, loans, credit cards | No | Yes |
| iPhone | Yes | Not yet |
| Everyone you know already has it | Usually yes | Usually no |
Splitwise pricing and free-plan limits as published in August 2026; they change, and you should check them yourself before deciding. NetWorth+ is not affiliated with Splitwise in any way.
The real difference
This is the argument for switching, and it is worth more than any feature row above.
Suppose three flatmates owe you the equivalent of a month's salary because you wrote the rent cheque. In Splitwise that is a number on a screen. In your actual financial life it is a substantial asset — it is money you are entitled to, it affects what you can commit to, and it should appear in any honest statement of what you are worth.
Because splitting apps do not know about your accounts, savings or debts, that number sits outside your picture. People compensate by remembering it, which works until the amount gets large or the situation gets complicated.
Be fair about it
The single biggest advantage. Splitting works best when everyone in the group is already in the app, and for a lot of groups that app is Splitwise. Switching means persuading four other people, which is a real cost.
NetWorth+ is Android-only today. If half your flat is on iOS, that settles it — the planned iOS version will not include SMS capture, because iOS gives no app access to messages.
Splitwise is built around the group as the primary object, which suits holidays and one-off events. NetWorth+ is built around your ledger, with sharing attached to it. For a two-week trip with strangers, the group-first model is simply better.
If you do switch
Either clear what is outstanding first, or enter the current balances as opening positions. Both work; the second keeps the story continuous.
Rent, utilities, subscriptions. These are the ones worth setting up properly, because they are entered once and then post themselves.
It works with nobody else installed — you keep an accurate record either way. Mutual approval only matters if you want them approving their own share.
This is the part Splitwise has no equivalent for. The supermarket swipe or the DEWA debit arrives already carrying the amount and date.
Neither app moves money. Neither can confirm that a settlement actually happened in a bank account, and neither will chase anyone on your behalf. A ledger records the agreement between people; enforcing it remains an entirely human problem.
Where this applies
Splitting matters most where shared living is standard, which across the Gulf it is — flat shares and bedspaces in Dubai, Abu Dhabi and Sharjah, compound and apartment sharing in Riyadh, Jeddah and Al Khobar, and the same pattern in Doha, Kuwait City, Manama and Muscat.
NetWorth+ also covers India, Singapore, Malaysia, the Philippines, Thailand, Vietnam, the United Kingdom and the United States. Currency handling is not limited to the list above — three-decimal dinars and zero-decimal currencies are treated correctly rather than being forced into two decimal places.
Questions
Keep reading
Splits, approvals, settlements and how a balance becomes part of your position.
Read moreThe most common reason people look for a Splitwise alternative.
Read moreUneven splits and read-only sharing between two people.
Read moreWork out a split in the browser. No sign-up, nothing stored.
Read moreThe privacy angle, examined properly.
Read moreWhere splitting usually starts.
Read moreBalances that behave like money, in a ledger that knows what else you have.
Android. No bank login. No ads. Message reading is optional and off until you switch it on.