Question: Build a Python application that helps users manage their personal finances by tracking expenses, generating budgets, and offering personalized insights. Key Features: Expense Tracking: Users
Build a Python application that helps users manage their personal finances by tracking expenses, generating budgets, and offering personalized insights.
Key Features:
Expense Tracking:
Users can input daily expenses category amount, and dateData is stored persistently eg using SQLite or CSV files
Budgeting Tool:
Allows users to set monthly budgets for various categories eg food, transport, entertainmentDisplays how much of the budget remains for each category in real time.
Visual Analytics:
Use matplotlib or seaborn to create bar charts or pie charts showing spending trends.Generate monthly spending reports for users.
Alerts:
Notify users when they are close to exceeding their budget in any category.
Customization:
Users can add, edit, or remove expense categories.Dark mode and theme customization for the interface.
Offline Mode:
App works without an internet connection data is stored locally
FutureProofing:
Allow users to export their spending data to a CSV file for backup.
Optional Advanced Features:
Integration with APIs:
Use APIs like Open Exchange Rates to manage expenses in multiple currencies.
AIPowered Recommendations:
Leverage a simple machine learning algorithm to recommend areas for saving money based on past trends.
Voice Input:
Allow users to add expenses via voice commands using a library like speechrecognition.
Technologies to Use:
Core Python: Logic, calculations, and file handling.
GUI Framework: Use tkinter or PyQt to create a userfriendly interface.
Database: SQLite for managing and querying financial data.
Visualization: matplotlib or seaborn for spending analytics.
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