AN ARTIFICIAL INTELLIGENT DRIVEN SMART BUDGET TRACKING AND MANAGEMENT APPLICATION

Abstract

Financial management is a critical issue in the current era. To solve this issue many applications, exist. In traditional web applications, users fill the form containing multiple fields manually to enter the income and expense detail separately. Technical knowledge is required and web form validation also needs to make data consistent. Traditional web applications are relatively slow and dose not able to predict the future expenses or incomes. This application is designed to solve this issue. In this application user will enter a single text message in plain English language. Our application identifies the patterns using Natural language Processing and saves income and expense details into the database in a single go. There are not more fields that are required. In this way less validation is needed. By using machine learning models, we can also predict future expenses and incomes. This system is fully automated and extracts categories (income/expense), details, amount along with current date automatically.