Add and track goal
Add and track goal
Add and track your goals
Who might need an app to manage their finance?
Anyone looking to manage their income, track expenses, and save for goals can benefit from a finance app. This includes young professionals, students, families, freelancers and individuals aiming to reduce debt or curb impulsive spending. A finance app helps promote better financial habits and stability.
Women
Men
67%
73%
Growing in popularity
Financial apps in India are
164 bn
uses on regular basis
This suggest a huge opportunity for financial app for youngsters
RESEARCH
After some initial interviews and research , I identified the biggest questions and objective for my
initial research.
Main Info from the Research
Overspending
Tracking expenses
Saving for goals
71.4% save for specific purposes
48.2% for emergency and future investing
Excessive charts/graphs
Complex setting
Limited customization
Major Financial challenges
Saving pattern
User Grips in Apps
CONTEXT
CONTEXT
Effective financial management remains a challenge, requiring solutions that promote
better planning and stability.
Financial apps are used regularly by 73% of men and 67% of women, signifying a gender-inclusive growth.
Around 97% of millennials use mobile banking applications today, with 89% of all consumers stating that they use mobile banking apps for various purposes regarding financial management.
FEEL
DOES
THINK
SAYS
Frustrated: When money runs out early and bills or unexpected costs come up.
Guilty: About overspending early in the month and not sticking to a budget.
Spend impulsively or more freely at the beginning of the month when funds feel abundant.
"I need to be more disciplined with my spending at the start of the month."
"How can I balance saving and covering my day-to-day expenses?"
"If only I had a system that could help me manage my money better."
"I'm worried about unexpected expenses toward the end of the month."
Neglect detailed tracking of daily expenses, leading to confusion about where money went.
Avoid using financial management tools due to their complexity or lack of personalization.
Try to set goals but often fail to stick to them due to lack of discipline or unforeseen expenses.
Helpless: In finding an effective solution to maintain financial stability.
Anxious: About making it through the end of the month with limited funds.
"I always seem to run out of money by the middle of the month."
I know I need to save, but something always comes up."
"I wish I could control my spending better."
"It’s hard to keep track of everything I spend."
Empathy Mapping
Key Insights
After spending time with the research , several insights emerged
I lose track of my subscriptions and end up paying for services I don’t use
Many users struggle with unnecessary purchases and tracking expenses effectively.
Users appreciate tools that can automatically categorize expenses and provide
actionable insights.
An onboarding flow with customizable payment
Customized Budgeting System for Financial Wellness
Many users struggle with overspending at the beginning of the month, leading to financial instability and stress as they navigate the remaining weeks with limited funds. This project aims to develop a customized budgeting system that empowers users to allocate their monthly income effectively, promoting better financial management and stability.
Duration
2 week
Project
UI UX Case Study
Category
Fintech Project
MOSCOW MAPPING
Customizable Budget Groups
Automated Transfers
Round-Up Savings
Multi-Currency Support
Spending Tracker
Spending Insights and Reports
Shared Goals and Pots
Charity and Gifting Options
Expense Forecasting
Gamification Elements
Dark Mode and Custom Themes
Offline Access
Goal Setting and Tracking
Smart Alert and Notifications
Integration with Bank Accounts
Emergency Fund Pot
Subscription Tracker
Bill Splitter
Voice Command Integration
MUST HAVE
SHOULD HAVE
COULD HAVE
WILL NOT HAVE
Feature list
Features
List
01
Automatic categorization
Automatically categorize transactions( eg, groceries, utilities)
02
Monthly Budget Setup
Enable users to set monthly budgets for different categories
03
Spending Alerts
Notify when users approach or exceed their budget limits
04
Budget Overview
Visual dashboard to show budget vs. actual spending
05
Saving Goals
Allow users to set and track progress toward specific saving goals
06
Emergency Pots
This feature allows users to set aside a designated portion of their income for unexpected expenses
07
Bank Sync
Sync with multiple bank accounts and credit cards for comprehensive financial tracking.
08
Personalized Widgets
Allow users to customize their dashboard with widgets (eg. spending tracker
09
Spending Analysis
Provide detailed reports on spending patterns and trends
Interface
Indication of monthly budget and spendings
Customized categories section
Remainder of security
Personal Details
Track of amount for the particular category
Transaction History
Customized setting of monthly budget
Dividing amount according to the category
Selection of category
Adding amount to save for future
Selection of time during which money will be deducted
funds saved for the emergency
Auto save feature to the emergency pot
This shows the money saved during the months
Total saving target
Screens
Payment screens
My Takeaways
Understanding user behavior and identifying pain points, such as overspending, is crucial for designing effective financial tools.
Simplified and visually intuitive interfaces can help users track their expenses and savings effortlessly.
Offering personalized solutions, like goal-based savings and dynamic budget adjustments, enhances user engagement and financial discipline.
A step-by-step approach to budgeting and saving fosters better financial habits and reduces stress over time.
Interface
SOLUTION
The solution focuses on providing a simple and intuitive platform to help users track expenses, set budgets, and achieve financial stability. By addressing key pain points, it empowers users to make smarter financial decisions effortlessly.
CONTEXT
Effective financial management remains a challenge, requiring solutions that promote
better planning and stability.
Financial apps are used regularly by 73% of men and 67% of women, signifying a gender-inclusive growth.
Around 97% of millennials use mobile banking applications today, with 89% of all consumers stating that they use mobile banking apps for various purposes regarding financial management.
RESEARCH
After some initial interviews and research , I identified the biggest questions and objective for my initial research.
Who might need an app to manage their finance?
Anyone looking to manage their income, track expenses, and save for goals can benefit from a finance app. This includes young professionals, students, families, freelancers and individuals aiming to reduce debt or curb impulsive spending. A finance app helps promote better financial habits and stability.
Customized Budgeting System for Financial Wellness
Many users struggle with overspending at the beginning of the month, leading to financial instability and stress as they navigate the remaining weeks with limited funds. This project aims to develop a customized budgeting system that empowers users to allocate their monthly income effectively, promoting better financial management and stability.
Duration
2 week
Project
UI UX Case Study
Category
Fintech Project
We made Money Management Easier!
Main Info from the Research
Empathy Mapping
Key Insights
After spending time with the research , several insights emerged
I lose track of my subscriptions and end up paying for services I don’t use
Many users struggle with unnecessary purchases and tracking expenses effectively.
Users appreciate tools that can automatically categorize expenses and provide
actionable insights.
SOLUTION
The solution focuses on providing a simple and intuitive platform to help users track expenses, set budgets, and achieve financial stability. By addressing key pain points, it empowers users to make smarter financial decisions effortlessly.
An onboarding flow with customizable payment
MOSCOW MAPPING
Feature list
Interface
Indication of monthly budget and spendings
Customized categories section
Remainder of security
Adding amount to save for future
Selection of time during which money will be deducted
funds saved for the emergency
Auto save feature to the emergency pot
This shows the money saved during the months
Total saving target
Onboarding screens
My Takeaways
Understanding user behavior and identifying pain points, such as overspending, is crucial for designing effective financial tools.
Simplified and visually intuitive interfaces can help users track their expenses and savings effortlessly.
Offering personalized solutions, like goal-based savings and dynamic budget adjustments, enhances user engagement and financial discipline.
A step-by-step approach to budgeting and saving fosters better financial habits and reduces stress over time.
My Other Projects
IOT PROJECT
SMART DROPBOX
The Smart Delivery Box integrated with the MyGate app, tackles key challenges faced by customers and delivery agent.
View Project
Product Design
UI Design
Service Design
PICK- A- BOOK
Developed a system enabling users to effortlessly request and track unavailable books, providing real-time updates and notifications.
View Project
Dashboard
Website
Thanks for reaching the bottom of this page. If you like what you see, let's connect and build something together!
Alternatively, here's my email
Get In Touch
Service Design
PICK- A- BOOK
Developed a system enabling users to effortlessly request and track unavailable books, providing real-time updates and notifications.
View Project
Dashboard
Website
IOT PROJECT
SMART DROPBOX
The Smart Delivery Box integrated with the MyGate app, tackles key challenges faced by customers and delivery agent.
View Project
Product Design
UI Design
My Other Projects
Thanks for reaching the bottom of this page. If you like what you see, let's connect and build something together!
Alternatively, here's my email
Get In Touch