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

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My Sparta Coding Club Final Project: Budget Tracker

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.

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.

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.

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).

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.

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