Project Overview: Develop a personal finance management app that helps users track their income, expenses, and savings goals. The app will provide insights into spending habits and encourage better financial decision-making.

Features:

• Expense Tracking: Users can log daily expenses and categorize them for better visibility.
• Budgeting Tools: Set monthly budgets for different categories and receive alerts when limits are approached.
• Savings Goals: Users can set and track savings goals for specific purposes (e.g., vacations, emergencies).
• Financial Reports: Generate reports and visualizations to analyze spending patterns over time.

Key Deliverables:

1. Expense Logging System: An intuitive interface for tracking and categorizing expenses.
2. Budget Management Feature: Tools for setting and monitoring budgets.
3. Savings Goal Tracker: A feature for setting and tracking progress towards savings goals.
4. Reporting Dashboard: Visual representations of financial data and insights.

Technologies Used:

• Frontend: React Native for cross-platform mobile app development.
• Backend: Node.js or Flask for managing user data and financial transactions.
• Database: Firebase or MongoDB for storing user data and expense records.
• Additional Tools: Integration with financial APIs for bank data import (if applicable).

Budget: $2,700

Timeline: 8-10 weeks