Greetings hunters!!
Eugene & Thien here. We're building Honeydue, the simplest way for couples to manage money -- together.
Managing money is a stressful chore in a lot of relationships, and existing tools out there aren't designed for collaboration. We've designed Honeydue to be as simple as possible for tracking accounts (both individual and joint), sharing balances and activity, coordinating bills and budgets -- together. And of course, you can choose what you want to share.
We're participating in YCombinator's current batch (S17), and excited to launch on PH today. We're looking forward to hearing your thoughts and feedback, and happy to answer any questions.
@eugenejpark I've been using the app for a couple of days. Absolutely see the value. A couple of things are missing for me:
* Mint-style "classify all of Amazon as house/utilities"
* Sometimes I classify purchases and they don't save
* Custom categories would be great
* Actually budgeting capabilities, because that's the whole point
* Viewing transactions that have comments easily
* Ability to view things that are in "Income" and other categories
* The offers tab right now is obnoxious and keeps showing me the same offer with a badge
Excited to see where this is goes. If you guys get this right, it will be HUGE
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This is awesome!! Is this going to be available in UK app store anytime soon?
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@avinashbajajs Thanks for the encouragement! We're trying to get the product just right for US users first, since we need to support over 10,000 US banks, but we're always eyeing expansion into other regions :)
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@thien_tran I would gladly use this (and would actually prefer it!) without the bank support.
@chrismessina Thanks Chris, great question. Similar to Splitwise, we're offering a feature that makes splitting (we prefer to call it 'sharing') expenses a little less combative between soulmates. That said, most couples using our app are not splitting expenses with each other -- they are sharing account balances and activity, and coordinating bill reminders with each other. These are things that couples can't easily do on Splitwise (<-- although we love that app too!).
I'm not sure I understand this correctly.
I'm using a joint account with my gf and it seems to me that it Just Works™
What pain is Honeydue relieving compared to a joint account?
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@gflandre setting up a joint account seems to be more of a hassle than downloading an app.
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@max_de_vos It's a one time thing, so a very limited hassle.
When set up, all recurring bills (electricity, rent etc.) are automatically split.
What's the workflow for paying rent with Honeydue?
And I'm curious to know if Honeydue allows to refund your partner for a given expense. If not, that would be even more work.
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@max_de_vos@gflandre Most households have several bank accounts, both individual and joint, including loans, savings, brokerages, etc - we're tackling the problem of seeing all of them at once, to see the big picture of your combined finances, in addition to other activities like paying your bills on time.
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@thien_tran +1, it's exactly why I'm really into the app. We've got joint accounts, but also individual accounts, individual debts, individual investments through employers, etc. Having it ALL in an easy-to-view way has been awesome.
Moving in with my girlfriend shortly and was looking for something like this the other, it's a shame it's limited to US only! I suspect that's due to connecting to bank accounts, though. Are you looking to open this up to other countries later?
I also have this question. Is the app only functional if you connect to your (US) bank account? I'm happily manually managing our finances with another app but would love to try this out.
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@antoneliasson which app are you using? Is that country bound as well? I'm looking for something that could be downloaded in the UK.
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