-
logo
Inspiration
Various negligence in spending often lead to bankruptcy as aftereffects.
What it does
Our app will keep a track of the user's spending. For payments made in cash, OCR will be used to scan receipt and save the information in the database. Segregation of data into different sections so that user can easily recognize where his money is being spent, it includes depiction at daily, weekly, monthly basis. After that, sum of all spending will be taken and if it hits the preset amount set before, a notification is sent to the user to be more conscious about it. Based on the database stored in the app, suggestions are given to control their unusual spending, this will be further enhanced using AI-ML.
How we built it
Our app will be built using android studio and Java Concept of OCR will be implemented using Python. Data on large bases will be given using AI-ML.
Challenges we ran into
Various challenges such as working procedure of OCR, as well as working on back end and front end was pretty challenging for us
Accomplishments that we're proud of
We are proud of our idea that with this we are helping people, they will be able to keep track of their spending and can use their money wisely.
What we learned (will learn)
We will learn about the different aspects of app development, coding using Python. Technical skills such as logic building, designing, enhancing features as well
What's next for Manage your Money app
Deployment of AI-ML and stronger server to handle more number of users will be our final task, this can be done after the hackathon as well to increase the utility of our application.
