Expense Tracker
We have daily expenses, from groceries to clothing to bills. There
are so many expenses that it’s normal to lose track of them and
keep spending till we’re almost out of cash. A tracker can help
people watch their expenses.
This is where the expense tracker comes in. An expense tracker is
a software tool that allows users to keep track of their expenses.
It can also analyze the expenses, depending on how advanced it
is, but let’s keep it simple for now.
With the expense tracker, users can set a budget and track their
spending so as to make better financial decisions.
Examples of Expense Trackers
Here are some implementations of the Expense Tracker idea:
Buddi
GnuCash
Technical Details
The main objective of this project is to keep track of the user’s
expenses. Some statistical analysis has to be done to be able to
give users correct information on their expenses and help them
spend better.
While tracking the expenses is the key thing, a good interface is
also important. With PySimpleGUI, you can create a unique interface
to improve the experience of the users.
PyData libraries such as pandas and matplotlib can be helpful for
building the expense tracker.
The pandas library can be used for the data analysis, and
the matplotlib library can be used for plotting graphs. Graphs will
give the users a visual representation of their expenses, and a
visual representation is usually easier to understand.
The application will receive data from the users. The data here is
the inputted expenses. So, you’ll have to store the expenses in a
database. The SQLite database is a good database choice for this
project since it can be set up quickly. You can use sqlite3 module
for the SQLite database.
