Excalidraw
Maybe Finance
| Feature | Excalidraw | Maybe Finance |
|---|---|---|
| Pricing | Free / from $7/mo | Free / from $0/mo |
| Free Plan | ✓ Yes | ✓ Yes |
| Rating | 4.7 / 5 | 4.2 / 5 |
| Best For | developers, product-teams, educators, brainstorming-sessions | self-hosters, privacy-focused-individuals, developers, personal-finance-enthusiasts |
| Founded | 2020 | 2021 |
| Freehand Drawing | ✓ | ✗ |
| Real Time Collaboration | ✓ | ✗ |
| Component Library | ✓ | ✗ |
| Export Options | ✓ | ✗ |
| End To End Encryption | ✓ | ✗ |
| Embeddable | ✓ | ✗ |
| Shapes And Arrows | ✓ | ✗ |
| Net Worth Tracking | ✗ | ✓ |
| Investment Tracking | ✗ | ✓ |
| Budgeting | ✗ | ✓ |
| Transaction Categorization | ✗ | ✓ |
| Goal Planning | ✗ | ✓ |
| Multi Currency | ✗ | ✓ |
| Self Hostable | ✗ | ✓ |
✓ Excalidraw Pros
- Beautiful hand-drawn sketch aesthetic
- Completely free and open source core
- Real-time collaboration with shared links
- Library of reusable components and templates
- Embeddable in other applications
✗ Excalidraw Cons
- Limited formatting compared to structured diagramming tools
- No presentation mode built-in
- File management basic without Excalidraw+
✓ Maybe Finance Pros
- Fully open-source and free to self-host
- Comprehensive financial dashboard
- No ads, no data selling, full privacy
- Active development community
✗ Maybe Finance Cons
- Self-hosting only (no managed cloud option yet)
- Still in active development (features incomplete)
- Requires Plaid API key for bank connections
The Verdict
Excalidraw is built for developers and product teams, with a focus on freehand-drawing and real-time-collaboration. Maybe Finance targets self hosters and privacy focused individuals and leads with net-worth-tracking and investment-tracking.
On pricing, Maybe Finance is the clear winner for budget-conscious users — starting at $0/mo compared to $7/mo for Excalidraw. That $7/mo difference adds up quickly for growing teams.
Both offer free plans, so you can test each with your real workflow before committing to a subscription.
Excalidraw edges out on user ratings (4.7 vs 4.2). While both are well-regarded, that gap reflects real differences in user satisfaction worth considering.
Both tools are a solid fit for developers — in those cases, the decision often comes down to workflow style and how your team prefers to organize work.
Bottom line: Excalidraw has a slight overall edge — but if fully open-source and free to self-host matters most to you, Maybe Finance may still be the right call.