money.me

money.me

( overview )

money.me helps with financial awareness. With a simple and easy to use interface, it empowers its users to take control of their finances by tracking expenses.

( Category )

UI/UX CASE STUDY

( software )

figma

Google Forms

Miro

( why in the first place? )

Financial management is an extremely pivotal life skill that should be instilled from a young age. Knowing how to manage your finance has a positive impact on your life. The more financially independent we become, the more difficult it is to manage and track expenses. It causes one to be irresponsible and make unsound decisions in terms of finance.

( understanding the user )

In order to get a solid understanding of how I can intervene, I created a questionaire. The questions were as follows:

1. How do you manage your money?
2. How do you keep track of expenses?
3. How often do you impulse buy?
4. Do you have more than 1 card?
5. Have you ever used a money management app for tracking your money?
6. What do you like about the app?
7. What did you like dislike about the app?
8. Is the app even helping?
9. Suppose you are going out in a group. How do you split the bill?
10. Does your app have a feature like that? And if it does, how affective is the bill splitting feature?
11. How can the app be made more convenient in terms of usage?

( Key findings )

1. The app has no option for users to find out how much they spend on a specific item, such as food, and there is no search option for users to find out how much they spend on food this month.

2. The main function of the app is to enter income and expenses, but due to the poor user interface, it is unclear where to enter new income and expenses.

3. Not able to alert user properly regarding overspending.

4. People do not want to add another app in their repertoire to check all the time (create widget)

5. Inefficient categorizing

( The moneymaker )

After understanding the user's needs, I could work on how my intervention helps the targetted demographic. For the app to be autonomous and require less effort from the user, I proposed using text messages received to the user's mobile device to retrieve accurate data. Another feature is an AI algorithm to notify users of their spending habits. The algorithm can inform the user of ways of cutting down certain costs to help save more. Saving money after cutting down costs can automatically be transferred to the 'Piggy Bank', which is set up by the user to be allocated in savings.