How I Automated My Finances with AI and Python

Author(s): Ankur Gupta

Originally published on Towards AI.

A practical guide to using Python scripts and generative AI to track expenses, categorize transactions, and summarize your financial health automatically

Managing personal finances often feels like a second job. Between tracking expenses, checking multiple bank apps, categorizing spends, and trying to figure out where the money went, it’s easy to lose track.

The article details how the author automated personal finance management using Python and AI, highlighting the system’s architecture and methodologies, including data extraction and categorization. It outlines the process of fetching bank statements, parsing them into a structured format, categorizing transactions using both rule-based systems and AI, storing the data, and generating actionable monthly financial summaries to showcase expenditure patterns effortlessly.

Read the full blog for free on Medium.

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Published via Towards AI