Tracks personal finances and provides insights using AI analytics

  • Unique Paper ID: 175570
  • Volume: 11
  • Issue: 11
  • PageNo: 3287-3294
  • Abstract:
  • Managing personal finances effectively has become increasingly important in today’s dynamic and fast-paced environment, yet it continues to pose challenges for many individuals. This project outlines the development of an Artificial Intelligence (AI)-driven system designed to monitor personal finances and deliver practical insights using advanced analytics. By incorporating machine learning models and data visualization tools, the proposed solution empowers users to make well-informed financial choices. The system automates the classification of expenses, tracks income, and generates tailored financial reports. Furthermore, it employs predictive analytics to project spending trends and highlight potential saving opportunities. Real-time alerts and notifications enable users to maintain control over their budgets and achieve their financial objectives. By integrating user-friendly designs with AI-powered recommendations, this system simplifies the management of personal finances. The proposed solution is designed to scale and adapt to the diverse needs of users with varying financial requirements. By blending automation, machine learning, and data-driven insights, it provides a robust and comprehensive tool for managing personal finances.

Cite This Article

  • ISSN: 2349-6002
  • Volume: 11
  • Issue: 11
  • PageNo: 3287-3294

Tracks personal finances and provides insights using AI analytics

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