Budget App
Tired of using complicated budgeting methods or not even knowing what you’re doing with your money?
We know… so we thought of an app for you 🤪
Challenge and Approach:
People need a way to budget efficiently right at their fingertips- without using complicated systems.So this app provides a way for you to budget nicely and easily.
Solution:
This budgeting app is structured in a simple, well-organised way that helps users get a clear view of their spending and saving throughout the month.
This app is categorised into:
1. Transactions- what you have spent your money on and which type of group the spending falls under: Day-to-Day, Recurring, Invest-Save-Repay, and Exceptions.
2. Budgets- how you intend on spending your money and what group it falls under (as mentioned above).
3. Spending & Saving Goals- this category will help you see the bigger picture when it comes to spending and saving your money.
Business Value:
- Customers will use this app very frequently, which means customer retention
- Customers would subscribe to this app, therefore the business would be able to keep track of their users and audience
- Customer loyalty
- Increases brand awareness
- Possible partnerships with banks
User Value:
- Users would be able to keep track of their spending habits
- Users would have their goals in sight, which would help them learn to save
- They can track their budget everywhere they go
- Users are notified when they are going off budget and how much money they have left
