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Stream/Area:
-
Subject:
-
Paper ID:
IJSREM40779
Volume:
9 |
1 |
Jan 2025
Pages:
Publication Frequency:
Monthly (12 issues per year)
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.
The Expense Tracker is a comprehensive financial management application developed using the MERN stack—MongoDB, Express.js, React, and Node.js—to simplify expense tracking, budgeting, and investment decision-making. The application features a secure backend powered by Node.js and Express.js, utilizing RESTful APIs for efficient data handling, while MongoDB ensures flexible and scalable data storage. The React-based front end provides a responsive and intuitive interface, enabling users to seamlessly input, categorize, and visualize their expenses. Core functionalities include user authentication for secure and personalized access, secure expense logging to maintain accurate financial records, category management and budget tracking for effective financial organization, and interactive charts offering real-time insights into spending patterns. A key innovation of the application is the PennyDrop feature, which leverages user income and expense data to provide personalized investment suggestions. Using data-driven algorithms, PennyDrop empowers users to make informed financial decisions by aligning their income with tailored investment opportunities. This integration of expense tracking with actionable investment insights creates a holistic platform for financial management. The application is designed to be scalable, maintainable, and user-friendly, making it an ideal solution for individuals and businesses seeking an efficient tool for managing their finances and optimizing their investments.
KEYWORDS
Publication Date
1/15/2025
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
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