ExpenseXpert: Revolutionizing Expense Management through Machine Learning-Powered Predictive Analysis and Streamlined Tracking

ExpenseXpert: Revolutionizing Expense Management through Machine Learning-Powered Predictive Analysis and Streamlined Tracking
Author(s):
Aditya Sanjay Kadam, Sejal Dhotre, Dhanashri Dhawale
Keywords:
Personal finance, Personalized budget planner, PDF/Excel Report Download, expense prediction, GPT 3.5, machine learning, NewsAPI, Yfinance, ARIMA model, LSTM model.
Abstract
In today's interconnected and dynamic financial landscape, individuals often face challenges in managing personal finances, exacerbated by a lack of financial literacy. This research introduces an innovative solution, "ExpenseXpert" designed to revolutionize the financial management paradigm. The system leverages artificial intelligence (AI) and machine learning (ML) to streamline expense tracking, budgeting, and financial insights, providing users with unprecedented efficiency and accuracy. The system's proactive approach includes notifications to alert users if they exceed their budget, ensuring financial discipline. It goes beyond traditional expense tracking by generating custom budget plans based on spending patterns, offering a unique feature for users to download summaries of their expenses in PDF or Excel formats.
Article Details
Unique Paper ID: 163664 Publication Volume & Issue: Volume 10, Issue 11 Page(s): 2438 - 2445
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