Personal Financial Assistant
Journal Title: IOSR Journals (IOSR Journal of Computer Engineering) - Year 2016, Vol 18, Issue 2
Abstract
Abstract: Managing our finances has always been an important part of our life. While it is easy to let situation define our expenses, it becomes exceedingly difficult to keep track of all the spending, and is not very appealing to dedicate any certain amount of time to remember, calculate, or define a limit to it. It would be much easier if someone could do the same for us, efficiently. Our project proposes an idea of a wallet, that stores and analyzes a user’s usage pattern, provides a system for loan and savings. It also provides a general prediction for the user’s desired month’s expenditure based on previous usage data. A provision for grouping and categorization of spending has also been suggested, based on real world usage. Monthly usage stats can be stored, and reviewed later by the user in graphical form, since it is easy to comprehend at a glance. The following introduction section discusses the importance, as well as the applicable scenarios for our project. It describes the difficulties and theirpossible solutions. The next section of methodology presents a simple block diagram of the working model of our project. It discusses the mathematical formula used, their justification and how the final simplified expression was realized. It also briefly discusses the algorithms used in various sections. The following results section presents some screenshots of the prototype program in execution, a simple interface, and a graph made using some test values. The final section of conclusion and future work discusses the current shortcomings of this project, and their possible resolution in future. A few solutions have been suggested as well, which although, are beyond the scope of this project, but can be implemented by collaboration of other resources.
Authors and Affiliations
Kuntal Biswas
Keywords
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