What is Bags of Money App?
This app helps you track personal finances and understand daily spending habits. Acting like an electronic checkbook, it predicts your account balance on any day, month, or year using your recurring income and expense entries.
Problem
Users manually track finances using traditional methods like spreadsheets or physical checkbooks, leading to time-consuming data entry and inaccurate predictions of future balances.
Solution
A mobile app that automatically predicts account balances based on recurring income/expenses, allowing users to input recurring transactions and view projected balances for any date.
Customers
Freelancers, salaried professionals, and individuals seeking to manage personal budgets with irregular income/expense patterns.
Unique Features
Predictive balance forecasting using recurring transaction data and a simplified interface mimicking an electronic checkbook.
Traction
Launched on ProductHunt with limited public traction (details unspecified).
Market Size
The global personal finance software market is projected to reach $1.5 billion by 2026 (Source: MarketsandMarkets).
