Roarance Parker Sinclair (RPS): Smart Budgeting and Expense Tracking
Course Instructor
Pramod Gupta
Abstract
Managing personal finances can be overwhelming, especially for individuals unfamiliar with budgeting, expense tracking, or financial planning. Without proper guidance, people may struggle to allocate savings effectively, leading to financial instability. To address this issue, we are developing Roarance Parker Sinclair (RPS), a web-based financial management application that provides users with a centralized platform to track earnings, monitor expenses, set goals, and receive AI-driven financial insights.
RPS offers a comprehensive suite of features to simplify financial management. The dashboard page provides an overview of bank balances, categorized spending, and outstanding loans, giving users a clear picture of their financial standing. The budgeting page enables users to allocate funds into categories such as bills, groceries, necessities, and leisure, ensuring mindful spending. To further assist users, RPS includes an interest rate calculator to estimate loan costs based on amount, interest rate, and time frame. The calculator also provides average payment costs to help users break down large expenses into manageable installments. The receipt-saving feature allows users to digitally store and organize transactions, simplifying record-keeping. Another key component of RPS is its AI-powered financial assistant, which provides users with real-time insights, spending trend analysis, and financial recommendations. The assistant leverages Anthropic’s Claude API to process user queries and deliver intelligent financial guidance. This integration showcases how advanced large language models can enhance financial management by offering responsive and personalized assistance.
The final product will serve as an intuitive financial companion, integrating budgeting tools, intelligent recommendations, and a user-friendly interface to accommodate a broad user base. RPS is a proof of concept for how AI-driven financial applications can empower users to take control of their finances through personalized insights, improved financial literacy, and streamlined money management.
Roarance Parker Sinclair (RPS): Smart Budgeting and Expense Tracking
Managing personal finances can be overwhelming, especially for individuals unfamiliar with budgeting, expense tracking, or financial planning. Without proper guidance, people may struggle to allocate savings effectively, leading to financial instability. To address this issue, we are developing Roarance Parker Sinclair (RPS), a web-based financial management application that provides users with a centralized platform to track earnings, monitor expenses, set goals, and receive AI-driven financial insights.
RPS offers a comprehensive suite of features to simplify financial management. The dashboard page provides an overview of bank balances, categorized spending, and outstanding loans, giving users a clear picture of their financial standing. The budgeting page enables users to allocate funds into categories such as bills, groceries, necessities, and leisure, ensuring mindful spending. To further assist users, RPS includes an interest rate calculator to estimate loan costs based on amount, interest rate, and time frame. The calculator also provides average payment costs to help users break down large expenses into manageable installments. The receipt-saving feature allows users to digitally store and organize transactions, simplifying record-keeping. Another key component of RPS is its AI-powered financial assistant, which provides users with real-time insights, spending trend analysis, and financial recommendations. The assistant leverages Anthropic’s Claude API to process user queries and deliver intelligent financial guidance. This integration showcases how advanced large language models can enhance financial management by offering responsive and personalized assistance.
The final product will serve as an intuitive financial companion, integrating budgeting tools, intelligent recommendations, and a user-friendly interface to accommodate a broad user base. RPS is a proof of concept for how AI-driven financial applications can empower users to take control of their finances through personalized insights, improved financial literacy, and streamlined money management.
