BudgetByte

Inspiration

To make it more affordable for students to receive a better education in a better environment. It is very difficult for people from Kazakhstan (group member from Kazakhstan), for example, to get education of high quality in their countries. Therefore, despite their origins, most international students want to graduate from an American university. One problem that they face is that they might struggle with finding financial resources to fund their journey to a bachelor degree.

What it does

BudgetByte is a free application that college students can use the access realtime currency conversion and manage their expenses for their daily lives in college. The app is targeted at international students however, it can be used for any college student. The app is designed to be sort of like a FAFSA for students and helps give them a better understanding of how to afford and manage their budget in college. It does this by using computational mathematics and simple currency conversions.

How we built it

We designed the program with the intent to help college students manage and budget their finances. There is no current application that can properly monitor the dynamics of the ever-changing world currency market. Thus, making it harder for international students who are low-income to monitor and manage their financing when college billing approaches.

Challenges we ran into

We faced the challenge of making our budgeting application unique and feasible for all types of college students.

Accomplishments that we're proud of

The main accomplishment is that we came up with the application which can be demanding among low-income college students

What we learned

We learned how to work as a group and solve the problem

What's next for BudgetByte

The next step is receiving customer feedback through student surveys and customers' review of the app in order to collect more information. Based on this information, we will continue to refine and polish the app in order to make it even more user-friendly and more economically feasible.