[Sparta Coding Club] Backend Week 3 - Today I learned

My Sparta Coding Club Final Project: Budget Tracker

1. Project name/description:
   Budget Tracker is a web application designed to help users manage their finances effectively by tracking income, expenses, and budgets. It offers a user-friendly platform for logging transactions, setting budgets, and gaining insights into spending habits.

2. Project layout:

   • Homepage: Users can sign up or log in to access their budget data.
   • Dashboard: Provides a summary of the user's financial status, including total income, expenses, and available balance.
   • Income/Expense Logging Page: Allows users to log their income and expenses, specifying the amount, category, and date.
   • Budget Setting Page: Enables users to set monthly budgets for different expense categories.
   • Expense Tracking Page: Displays expenses categorized by different categories and tracks spending patterns.

3. Features:

   • User Authentication: Secure signup and login functionality for accessing budget data.
   • Income and Expense Logging: Ability to log income and expenses with details.
   • Budget Setting: Setting monthly budgets for various expense categories.
   • Financial Overview: Provides users with an overview of their financial status.
   • Category-wise Expense Tracking: Allows users to track expenses categorized by different categories.

4. Required data sources:

   • Database: MongoDB for storing user account information, income/expense data, and budget settings.
   • External APIs: Currency conversion APIs for multiple currency support (optional).

5. To-do lists:
   Must-Have Features:

   • Implement user authentication functionality securely.
   • Develop income and expense logging features with proper validation.
   • Allow users to set monthly budgets for different expense categories.
   • Provide users with a financial overview dashboard.
   • Implement category-wise expense tracking functionality.

Optional Features:

• Enable support for multiple currencies if needed.
• Implement goal-setting features for users to set financial goals.
• Integrate data visualization tools for better insights.
• Set up notification systems to alert users when they exceed budget limits.
• Develop a transaction history feature for users to view, edit, and delete past transactions.