Yiğit Şahin

What are your must-have features in the peronal finance app of yours?!

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Hey everybody,

Yigit here! I am developing a personal finance app mainly based on what features I wish an app to have and it is on google play closed test now. Here is a quick summary:
The app's main value proposition is being able to keep track of your expenses 'automatically'. The rationale behind is the fact that in my country banking laws restrict individual's access to open banking apis. That is, you cannot have an API access to your bank to exchange information and keep track of your expenses unless you are corporate. According to my research, this feature is available in US and EU but only with certain restrictions in the latter.

I thought it could be sutaible time to ask the community about their needs about such an app and can guide me a long way before I commit further. Would you be so kind enough to answer below questions? Any replies are appreciated and thanks in advance.

  1. Do you use personal finance app?

  2. Could you please share your the most essential must-have features of the personal finance app of your choise and tell me why?

  3. Under which circumstances would you give another app a try?

  4. What would be the ideal price point for such a service in your perspective?

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Minhajul (Mj)

Hey @yigit_sahin2 I don't use any personal finance apps, but I will tell you something I would use. If there was an app which linked to open banking securely and I could link it up to a tablet on the wall and see what I spent each day and how much money I made from products per day (Updated Hourly). That would be pretty cool!

Yiğit Şahin
@minhajulll Thanks for answering. May I ask where are you located? US?
Dalhat Usman

@yigit_sahin2  @minhajulll I really like how practical your idea is. If I had it, I’d probably place that tablet somewhere visible at home so I’d naturally glance at it throughout the day and stay in tune with my financial flow.

Yiğit Şahin
@minhajulll I have that written down!
Minhajul (Mj)
@yigit_sahin2 United Kingdom, and keep me posted if you do build it! Would be great to use it
Nayan Surya

Able to add multiple categories is a must-have because money is spent on lots of things. And if you are building it for Android users as well as Mac, right? There are so many messages we get where you know, if you're spending some money, it gets auto-calculated. So if we could have an app that we'll be able to figure out, where the money is spent would be really great

Yiğit Şahin
@nayan_surya98 Hello Nayan, thanks for joining the conversation. I absolutely agree! If you don't know or can't tell where your money is going, what's the point of recording everything right? Being able to categorize and draw insights from the records is crucial. That's exactly one of the features I am working for my app. Cheers