Core Features for MVP
1. User Authentication
- Sign-Up/Login: Secure user registration and login using email/password or social media accounts.
- Password Recovery: Option to reset forgotten passwords.
2. Income and Expense Tracking
- Add Transactions: Simple forms to input income and expenses with fields for amount, category, date, and description.
- Categorization: Predefined categories (e.g., Food, Utilities, Entertainment) with the ability to add custom categories.
- Recurring Transactions: Option to set up recurring income or expenses (e.g., monthly rent, salary).
3. Budgeting Tools
- Budget Setup: Users can set monthly or weekly budget limits for different categories.
- Budget Tracking: Real-time tracking of spending against set budgets.
- Alerts: Notifications when users are close to exceeding their budget limits.
4. Transaction History
- History View: A chronological list of all transactions with filters for date range, category, and type (income/expense).
Additional Features
- Advanced Analytics
- Spending Trends
- Savings Goals
- Bank Account Linking
- Bill Reminders
- Shared Budgets
- Community Insights
- Premium Features
- Ad-Free Experience
- Advanced Reporting
- Localization
- Multiple Languages
- Currency