A Smart e-saving Solution to Manage, Calculate and Visualize the Individual Finance Savings

Abstract

The proposed research is to study the mechanism adopted by people to save their monetary funds. In a study that shows that most people like to spend a lot of money without any need to do without thinking about how to save the money properly and use it at the right time. Another study shows that most people face delay in transactions when they open an account in the bank. Among the various problems related to the account, such as the sudden suspension of the account, long procedures when wanting to withdraw some large sums estimated at thousands. In order to overcome all these issues and to motivate Omani people to save money, a sustainable solution is proposed as an outcome of this research, which is similar to the idea of the piggy bank, which in turn saves money and saves it in a safe place without the need to go to the bank and open an account. The system will follow ease-to-use principle as complications and unnecessary delay which will demotivate the users. This smart solution also solves the issue of mismanagement of money that persists among many Omani youth, so they spend a lot of money on anything so, at the end of day or month some people do not have enough money to meet their needs.