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

More by Sherwin Walter Jnr Sampson

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