Description
This project on the side started by the need of having better control of my personal finances. I used to have all the information about my finances on a google sheet where I could see which are my monthly recurrent payments, how much money I managed to save in a monthly/yearly basis.
The Problems
- Every month I had to remember to update the recurrent expenses, also it was hard for me to see which ones are my upcoming invoices that I need to pay.
- It is hard to create filters and see how much money have I spend this month in food related expenses, among others.
- I needed to track my expenses in different currencies and it was important to know the exchange rate when the payment was done.
- By talking to friends, they told me they were having similar issues and needs.
The solutions
- Adding expenses to Moneytrack should be able to know the difference of a regular expense and recurrent expenses. Recurrent expenses will be added automatically every month. They are visualized in the dashboard on a tab as upcoming expenses, so one can remember to do them every month.
- Categories can be created and added for each of the particular expenses.
- Every expense that is added, is saved with the current value of multiple currencies. Each user has a main currency on their accounts that can later be changed and visualize the expenses in those currencies.
- The application works with a login form, so anyone can create an account and start tracking their expenses.
