Idea List
| Idea Title | Budget tracker |
|---|---|
| Who's Working On It? |
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| Short Description of Project | A simpler finance manager for people who are less familiar with managing their own money. |
| What is the Problem Worth Solving? | Many teens are unaware of how they are using their money, so this program would help with that. |
| What is the Problem Worth Solving? | Many teens are unaware of how they are using their money, so this program would help with that. |
| Your Solution | A program that you would place balances for any kind of payment you might make, like different credit and debit cards, cash, or any other way you might buy things. Every time you make a purchase you would enter it into the system, as well as anytime you bring in money. It would request the category of purchase, which will go into the stats. You will have weekly, monthly, and yearly stats showing patterns of spending or earning, charts with spending and earning, balances, and what you have spent money on. (Main categories for teens are, food, clothes/shoes, entertainment, gas, |
| Target Market | Teens who are new to managing money and their own expenses and revenues. |
| What is the Competition Like? | Mostly more professional stuff which may be less accessible for teens who are unfamiliar with the finance world |
| How are you solving the problem better then competitors? | This site will be simpler than the stuff that adults need to manage more complicated things like long term investments, insurance, rent and utilities, etc. |
| How Passionate are you About this Project? | 4 |
| How Feasible is this Project? | 3 |
| Ranking | 1 |
| Worth Continuing? | If so...answer a few more questions about 1 or 2 of your favorite choice. |
| Revenue Generated By | Ads, it would likely not be very successful as a subscription service unless it becomes very popular. |
| Milestones | First user other than me |