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uploading a pdf bank statement which can be taken from your own bank app
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it scans and uploads as individual transactions which the user can delete or edit if the categories are not allocated correctly
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data is parsed and displayed on the dashboard
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the lists of transactions can be found in their respective categories
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assets and liabilities which user can input
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added viewing on summaries of the transactions
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overview of assets and liabilities
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shows with current portfolio how long before retirement sadly its a no go at this rate
Inspiration
New Graduates, Big Dreams: Simple Finance App We're young adults starting our careers and want an effortless way to manage our money. Enter FixMeMoney!
What it does
It's simple: Upload your bank statement, and our AI categorizes your spending, presenting it clearly for easy understanding. We are a 1-stop expense tracking platform that can cater to the multitude of banks sophisticatedly.
How we built it
Behind the Scenes: We used OCR technology to convert your statement data into tables, fed it to Gemini (a large language model) for smart categorization, and displayed the results.
Challenges we ran into
While Gemini's image-to-text accuracy needs improvement, we're proud of completing this proof-of-concept alongside our daily work. We unexpectedly encountered downtime of OCR API and had issues. This allowed us to better implement error catching. We also faced limitations with Firebase Database such as being unable to get unique values of a document's field in a collection.
Accomplishments that we're proud of
Identifying a need: We recognized the challenge young adults face in managing their finances. Developing a solution: We created FixMeMoney, an app that simplifies expense categorization. Leveraging technology: We implemented OCR and a large language model to automate tasks. We learnt how to do prompt engineering to get what we want from Gemini.
What we learned
Learning Curve: We discovered Gemini's limitations, motivating us to improve.
What's next for FixMeMoney
FixMeMoney's Future: Upload more PDFs, boost accuracy, and offer investment/money management tips - all in our next steps!
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