The problem Money Mentor solves

Expense Tracking: It allows users to easily track their expenses in real-time, categorize transactions, and gain insights into spending patterns. This helps users understand where their money is going and identify areas where they can cut back or save.

Budgeting: The website enable users to create and stick to budgets by setting spending limits for different categories such as groceries, dining out, entertainment, etc. This helps users prioritize their spending and avoid overspending.

Financial Goal Setting: Users can set specific financial goals, whether it's saving for a vacation, paying off debt, or building an emergency fund. The website provides tools to track progress towards these goals and offers suggestions on how to achieve them faster.

Financial Education: The website offer educational resources, articles, and tips on various financial topics, such as budgeting, investing, saving for retirement, and managing credit. This helps users improve their financial literacy and make smarter financial decisions.

Overall, "Money Mentor" simplify the process of managing personal finances, providing users with greater control, visibility, and organization over their money. They help users save time, reduce stress, and achieve their financial goals more efficiently.

Challenges we ran into

Implementing a budget and investing calculator presented two key challenges:

Data Integration: Seamlessly incorporating diverse financial data sources (bank accounts, investment portfolios, etc.) while ensuring accuracy and security was a significant hurdle. We overcame this by implementing robust data validation checks.
User Experience: Balancing comprehensive functionality with an intuitive, user-friendly interface was crucial. Through iterative user testing and feedback, we streamlined the design, making the calculator easy to use.

Dataset Challenges

Finding the right dataset to implement personalized features for users is difficult. Maintaining the quality of the dataset is also important.