For many youths beginning to receive their own allowance, a novel key to a slice of independence has been bestowed upon them. However, with this newfound freedom comes the daunting and tedious responsibility of managing one's own finance. The lack of accessible reference and user-targeted resource hinders many youths from taking the first steps in managing their personal finances.
As such, our group has come up with "budget butler", an app that will aid you in your budgeting experience. Our goal is to make budgeting easy and convenient so that people can manage their money without the hassle.
Its main function is to calculate a budget based on a number of the user’s information and preferences. For example, the user has to enter their income and age first. This allows the app to come up with suitable categories for the user’s budget (ex. Food for everyone, taxes for adults). After which, the app calculates the recommended budget for the user based on their categories and income.
Each category has its own percentage weightage of the budget. This is the app’s method of creating a budget. The user is also able to add and remove categories, adjusting their percentage to their liking. Saving and loading the user’s budget data is also one of the most important functions of the app. Graphs can be shown to visualise the budget for the user instead of only having numbers. All in all, the app allows a straightforward, personalizable budget-creating experience.
Created by: Josephine, Dayna and Ezra