AI Powered Personal Finance Management System

Abstract : In the fast-changing world of digital technology today, it is crucial to handle personal finances efficiently. This paper presents an AI powered finance tool designed to automate expense tracking, provide intelligent budgeting insights, and deliver real-time financial analysis. By utilizing sophisticated machine learning algorithms and integrating with bank APIs, the system effectively tackles typical issues related to manual data entry, inaccuracies, and the absence of actionable insights. Users benefit from automated data collection, accurate transaction categorization, and personalized financial recommendations. The proposed system enhances financial transparency, reduces human errors by 80%, and provides a user-centric interface for effortless financial monitoring. Experimental evaluations demonstrate a 95% accuracy in expense categorization and highlight improved decision making through AI-driven insights. The paper also discusses system architecture, implementation, and performance evaluation. Future developments will . l focus on enhancing predictive capabilities, expanding integration with multiple financial institutions, and building a mobile application for better accessibility. This innovative tool represents a significant step toward automated, intelligent, and real-time financial management.

Keyword: Saviour AI chatbot, Financial Management, Chatbot, Finance Tool.