Easy Money

Web-based financial management app that tracks monthly spending. The user can set up a monthly budget and savings plan. Statistics shown are total spent, budget remaining, and highest cost categories.

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Inspiration

Many students (including us) are worried about their finances such as student loans and how/where to save money.

What it does

Web app that allows you to log your spending and input your monthly income and savings plan into your portfolio. Using this it will provide a summary of your transactions as well as some useful statistics including your remaining budget for the month, total spending so far, and categories sorted by most spent in.

How we built it

We built the front end using bootstrap and backend in flask with SQLalchemy to store user and transaction data.

Challenges we ran into

We planned on utilizing react.js libraries to handle front end, which would have been the design and structure of the website, as well as any graphs and charts we would need (essentially the user interface!). Unfortunately, after spending hours on react, we realized that given our time frame, it was more realistic to create simple HTML files and add react.js functionality later when we wanted to show graphs and charts.

Unfortunately due to our limited time frame, we were able to successfully implement an HTML- based website, but react.js graphs and charts were still being built.

Accomplishments that we're proud of

This is the first time any of us has created a web application so we are proud to have learned the necessary frameworks and implemented them successfully.

What we learned

We learned to implement an HTML front end running off of a python back end, tied together using Flask and supported with the SQLalchemy database.

What's next for Easy Money

Incorporating more features such as providing more ways to view the data like graphs, email reminders and notifications about remaining allowance, overspending, payment due dates, and logging payments.

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