Fava vs Wealthfolio

A side-by-side comparison of two self-hosted budgeting & finance options — licensing, setup difficulty, resource needs, and what each one replaces.

Not the right match-up?
FeatureFavaWealthfolio
CategoryBudgeting & FinanceBudgeting & Finance
LicenseMITAGPL-3.0
LanguagePythonRust
Setup difficultyMediumEasy
Min. RAM256 MB256 MB
Deploymentdocker, bare-metal, sourcebinary, source
GitHub stars★ 2,542★ 8,528
First released20162024
ReplacesQuickBooks, GnuCashPersonal Capital, Sharesight

Why pick each one

Choose Fava if…

  • Great for plain-text accounting fans
  • Version-controllable data
Fava details

Choose Wealthfolio if…

  • Released under the AGPL-3.0 license
  • Easy to set up — beginner-friendly
  • Mature project with 8.5k GitHub stars
  • Written in Rust
Wealthfolio details

Frequently asked questions

Is Fava or Wealthfolio better?

Wealthfolio is the stronger all-round pick: it has both the larger community and the simpler easy setup. Consider Fava if its specific feature set fits your needs better.

Are Fava and Wealthfolio free and open-source?

Yes. Fava is licensed under MIT and Wealthfolio under AGPL-3.0. Both can be self-hosted at no software cost.

Can I run Fava and Wealthfolio with Docker?

Fava: yes. Wealthfolio: check the project docs for container support.

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