Overview
PocketGuard is a personal finance application designed to help users track spending, create budgets, and achieve financial goals. The app connects to users' bank accounts, credit cards, and loans to automatically monitor transactions and provide insights into spending habits. PocketGuard uses a rule-based engine to categorize transactions and identify recurring bills. It offers features such as 'In My Pocket,' which shows the user's disposable income after bills and savings goals. The app's architecture includes data encryption and secure connections to financial institutions via APIs. PocketGuard aims to provide a comprehensive overview of a user's financial health, making it easier to make informed decisions and save money. The freemium model allows users to access basic budgeting tools, while a premium subscription unlocks advanced features like debt payoff planning and unlimited goal tracking. Real-time monitoring and alerts help users stay on top of their finances.