FrugalBot: Open-Source Personal Finance Assistant Bot
Automate your finances with FrugalBot, a free and open-source personal finance assistant bot that tracks expenses, creates budgets, analyzes spending habits, and provides personalized savings recommendations.
What is FrugalBot?
FrugalBot is an open-source personal finance assistant bot designed to help individuals take control of their spending and saving habits. It allows users to securely connect their bank and credit card accounts to track income, expenses, budgets, goals, and net worth over time.
Key features of FrugalBot include:
- Spending tracking - Automatically categorizes transactions to provide insights into where money is being spent.
- Budgeting - Set customizable budgets for categories like dining out, entertainment, etc. and receive alerts when limits are reached.
- Goal setting - Define short and long-term savings goals like an emergency fund, down payment, vacation, etc. and track progress towards achieving them.
- Bill reminders - Ensures bills are paid on time by providing due date reminders and notifications.
- Net worth tracking - Shows a complete financial picture by factoring in assets, debts, and account balances.
- Cash flow analysis - Tracks whether more money is coming in than going out every month.
- Much more - Frugalbot also offers spending summaries, custom charts and graphs, planning tools, and personalized money-saving tips.
With robust financial data aggregation, reporting, and analysis combined with AI-powered insights and advice, FrugalBot aims to promote better financial habits and empower people to reach their money goals.