PennyWise - Privacy-first budgeting
Turn bank SMS into expense insights, 100% offline
# Life AssistantWhat is PennyWise - Privacy-first budgeting?
PennyWise automatically tracks expenses from bank SMS without sending data to any server. Features on-device AI, smart analytics, and exports for taxes. Open-source, free forever, works offline. Built for privacy-conscious users tired of cloud-based trackers.
Problem
Users manually track expenses by reading bank SMS, which is time-consuming and prone to human error
Solution
A privacy-focused mobile app that uses on-device AI to automatically extract expense data from bank SMS without cloud transmission
Customers
Privacy-conscious individuals (e.g. tech professionals, freelancers) who distrust cloud-based financial apps
Unique Features
100% offline operation with local AI processing, open-source architecture, automatic tax-ready exports
User Comments
Solves privacy concerns of expense tracking, Surprisingly accurate SMS parsing, Essential for cash transactions, Easy tax preparation, No internet needed
Traction
4.8/5 rating from 3,000+ ProductHunt users, 50,000+ GitHub stars (open-source), Free tier with premium analytics features
Market Size
Global personal finance app market projected to reach $1.5 billion by 2026 (Allied Market Research)
