Mobile geobased budget planner and calculator

Lo, Joon Hoe (2020) Mobile geobased budget planner and calculator. Final Year Project, UTAR.

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Abstract

The project is named ‘Mobile Geo Based Budget Planner and Calculator’ while the deliverable of this project is called ‘GeoBudget’. This project focus on developing an advance budgeting mobile application. Budgeting application provides good solution for the user to manage their financial resources. The user can categorize their spending and get a brief picture on how the money gone. These are the basic functions for a budgeting application. In this project, the improvement that will be carried out is an innovative way to perform budgeting with the assist from geo location services and image recognition. It is a new function that does not exist in any existing budgeting application. With these two modules, GeoBudget had overcome the problem of forgetting the amount of budget expenditure. Besides that, it can reduce the tedious input by the user. The user is able to track the context and information of the items in any stores. If the user is having difficulty in recalling the name of the store, they can take a photo of nearby landmark and solve the problem. At the same time, if the user is having difficulty in recalling the name of the product, text and logo image services will help them in resolving those problems. Next, it allows the user to track the situation of borrowing money or returning money with their friends or family. User always found it difficult to track the situation of borrowing and lending money. It is not considered as a budget expenditure but it may influence the overall budgeting process. Thus, GeoBudget will provide this module to solve the problem mentioned above. Last but not least, user often finds it troublesome when deciding a product to buy or where to buy the products. So, GeoBudget will provide suggestions of products to user based on their targeted budget so that they can meet their financial goals easily.

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