Mobile app for financial planning

Abstract

The Mobile App for Financial Planning is designed to assist typical Singaporeans in managing their personal finances more effectively. According to research, keeping a careful eye on expenses promotes greater budget adherence, higher savings, and lower debt levels.

The app allows users to track income and expenses, compute CPF contributions, calculate compound interest using the Rule of 72, and project their savings and investments. Built using Flutter and Dart, this mobile application provides a user-friendly interface for financial planning by incorporating key financial parameters such as salary, CPF contributions, savings, bank interests, and investments. The app’s goal is to simplify financial decision-making and provide users with personalized financial projections based on their specific inputs. With a focus on user-centric design, this app delivers value by supporting users in reaching their financial objectives and placing a high priority on data security to safeguard users' sensitive financial information. To put it briefly, the goal of this project is to develop a thorough finance app that helps users overcome financial obstacles, improves their personal and professional success, and helps them accumulate wealth and maintain better financial stability.

Future work will expand the app to include more advanced retirement planning features. The app ultimately empowers users to manage their financial health and achieve long-term financial stability.