EXPENSE TRACKER APPLICATION

Abstract: This project proposes an expense tracker application designed to empower users to manage their finances effectively, Track daily expenses and create budgets, Automate saving for pre-defined goals, facilitating future investments. A key feature is the integration of Optical Character Recognition (OCR) technology. By automatically extracting data from scanned financial statements, the application streamlines the data entry process, saving users valuable time. The abstract highlights the limitations of manual data extraction, which can be time-consuming and prone to errors. OCR technology addresses these issues, offering faster and more accurate data capture. The application aims to help users overcome wasteful spending habits by promoting financial awareness and facilitating informed budgeting decisions.

Keywords: Personal finance, Budgeting, Money management, Savings tracker, Financial planning.