Summary: | Owning a house, buying a car and saving money for medical or general use are what every
adult wishes to achieve. To accomplish these goals, money is needed to pay for such
expenditures and also needed to save for future uncertainty. In Singapore, there are various
government policies to help Singaporeans to own a house or relief aid only if they fall under a
certain lower income group. To do so but with rising cost of living, one has to plan wisely with
their money. The focus is on the millennials in Singapore as they are on the process of
attempting to realise all these goals with limited financial literacy [1] and if they fail to plan
wisely, it will prove to be a more difficult task at hand. The term millennials refers to Singapore
citizens aged 23 to 35 in the year of middle 2018 to early 2019 which coincides with the period
that the project was conducted.
This project focuses on development of an interactive website where users are able to keep
track of their expenditures regardless of the bank they patronize. Also, to list their insurance
plans that is lacking in existing personal finance tools and further enrich their financial literacy
profile by creating sessions that teaches one how to be more financially literate and to plan
their finances wisely in return for the fulfilment of their goals.
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