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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:10.55041/IJSREM31882

BudgetBliss: Predictive Budget Planning using Neural Networks and Socioeconomic Factors

Stream/Area:

-

Subject:

-

Paper ID:

10.55041/IJSREM31882

Volume:

8 |

4 |

Apr 2024

Pages:

Publication Frequency:

Monthly (12 issues per year)

DOI
Digital Object Identifier
10.55041/IJSREM31882

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

KSP

Kapil Sanjay Phadale

DPR

Dimple Pandurang Rathod

AJK

Arya Jayavant Kanase

HDA

Harshil Dharmendra Agrawal

MK

Milind Khairnar

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Abstract

BudgetBliss is a transformative web application developed to revolutionize personal finance management through the integration of Artificial Neural Networks. Leveraging a sophisticated architecture, BudgetBliss provides users with a comprehensive platform to effectively plan and manage their income. The development process involved meticulous data collection and preprocessing, followed by the implementation of an Artificial Neural Network model. By analyzing users’ spending habits and categorizing income, BudgetBliss offers detailed financial breakdowns tailored to individual needs. This methodology ensures the accuracy and relevance of the insights provided to users. Furthermore, BudgetBliss serves as an inadvertent educational tool, fostering financial literacy as users gain insights into their spending habits and make informed decisions about their money. Additionally, the automation of categorization, analysis of spending habits, and provision of personalized insights significantly reduce financial stress, empowering users to feel in control of their finances and focus on achieving their goals with confidence. In today’s fast-paced society, where financial management significantly impacts overall well-being, BudgetBliss addresses the critical need for a system that enhances household financial control. By enabling users to make informed decisions and gain a deeper understanding of their financial landscape, BudgetBliss facilitates a path towards contentment and fulfillment in life.

KEYWORDS

Budget planning Personal finance Artificial Neural Networks Financial management Well-being

Cite This Article

Kapil Sanjay Phadale, Dimple Pandurang Rathod, Arya Jayavant Kanase, Harshil Dharmendra Agrawal, Milind Khairnar, "BudgetBliss: Predictive Budget Planning using Neural Networks and Socioeconomic Factors," International Journal of Scientific Research in Engineering and Management, vol. 8, no. 4, Apr 2024. https://doi.org/10.55041/IJSREM31882

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Publication Date

12/31/45408

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Double-Blind Peer Review

Review Rounds: 2

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