Personal Expense Tracker Using AWS

[Audio] This project aims to develop a simple, cloud-based expense tracker using AWS services for scalability and reliability. Many individuals struggle to manage their personal finances effectively, as they find it difficult to keep track of expenses and stick to a budget. The team's objective is to create a user-friendly tool that utilizes the scalability and reliability of AWS services..

[Audio] Many individuals and small business owners struggle to manage their finances efficiently. Current expense tracking tools are frequently too complicated, pricey, or lacking in customization options. For instance, popular apps like Mint and PocketGuard come with hefty price tags for advanced features or fail to provide sufficient adaptability for specialized user groups. This realization prompted us to develop a solution that is straightforward, cost-effective, and tailored to meet the needs of a broad range of users..

[Audio] Our goal is to create a personal expense tracker that utilizes AWS cloud services to guarantee its scalability, reliability, and accessibility from anywhere. We strive to offer users a tool that streamlines financial management without the limitations of current solutions.

[Audio] Existing solutions, such as Mint, YNAB, and PocketGuard, provide some level of expense tracking and budgeting. However, they all have limitations. Mint offers comprehensive expense tracking, but includes ads and requires payment for advanced features. YNAB focuses on budgeting, but requires a paid subscription. PocketGuard simplifies spending tracking, but has limited features in its free version. These limitations leave gaps in the market, including high costs for advanced features and limited customization for specific user groups. Our solution aims to address these gaps by providing an affordable, flexible tool with enhanced functionality..

[Audio] Our primary users are individuals who want to track their personal finances easily. They also include small business owners who require basic expense management. These users need an easy-to-use interface for logging expenses, so they can quickly record their transactions. Additionally, they would benefit from visualizing their spending trends, allowing them to identify areas where they can cut back. Furthermore, reliable cloud-based storage is essential, enabling them to access their financial data from anywhere, at any time..

[Audio] Our application offers several key features that cater to the needs of our users. We allow users to log their expenses easily, making it simple to keep track of their financial transactions. This feature is particularly useful for individuals who want to monitor their daily spending habits. We provide budget tracking capabilities, enabling users to set financial goals and stay within them. This helps users maintain control over their finances and avoid overspending. Our application also includes spending analysis tools, which offer insights into user spending patterns. This feature enables users to identify areas where they can cut back on unnecessary expenses and allocate funds more effectively. We allow users to upload receipts, providing a paperless way to store and manage their financial documents. This feature reduces clutter and makes it easier to find specific receipts when needed. Finally, our application offers cross-platform access, allowing users to access their financial information from any device with an internet connection. This ensures that users can stay connected to their finances regardless of their location or the device they use..

[Audio] Our solution provides several key features that cater to the needs of our users. Expense Logging allows users to input expenses easily, making it simple to keep track of their financial activities. Budget Tracking helps users monitor their financial goals, ensuring they stay on course. Spending Analysis provides visualizations for trends, giving users valuable insights into their spending habits. Receipt Uploads enable users to store and access receipts, providing a secure and organized way to manage their financial documents. Cross-Platform Access ensures that users can access our application from any device, at any time..

[Audio] Our solution uses multiple Amazon Web Services to ensure seamless functionality. We host our application using EC2, providing a reliable infrastructure for our users. We also employ DynamoDB as our primary data storage solution, allowing us to efficiently store and retrieve large amounts of information. We utilize AWS Lambda to automate various tasks and processes within our system. Moreover, we leverage S3 to store receipts, ensuring secure and organized storage. Finally, we utilize QuickSight to create interactive graphs and dashboards, enabling users to visualize their financial data in a meaningful way..

[Audio] Our solution has several benefits. It is highly scalable because it is built on AWS, which enables it to easily handle growing user bases without slowing down or becoming overwhelmed. Additionally, it has real-world impact, helping users take control of their financial habits, which is crucial for achieving long-term financial stability. Furthermore, as developers, we gained valuable learning experience by working with cloud technologies. Our solution is designed to be both practical and impactful for users..

Mind Map. [image] Small Log E expense Tracker.

[Audio] Our project has been designed to create a user-friendly, scalable tool for financial management. By utilizing the capabilities of AWS, we have addressed significant market gaps and developed an affordable, customizable solution. The outcome of our work is a user-friendly, scalable financial management tool that leverages AWS services..

Thank You.