ShowMeMoney is an AI-powered expense tracker that simplifies budgeting and financial management, focusing on optimizing both spending and saving habits. By leveraging OpenAI’s capabilities, it automates data processing and categorization, effectively minimizing the time users spend on organizing their finances.
One of ShowMeMoney’s standout features is Smart Add, which processes and categorizes financial data from various inputs, including plain text and bank statements. This is complemented by Auto Sync, a feature that connects directly to users' bank accounts to automatically import and categorize transactions across all accounts, eliminating the need for manual data entry.
The tool offers a range of visualizations—from line to pie charts—allowing users to track their spending patterns. Transactions are categorized by type, month, and purpose, helping users easily see where their money is going and how their spending trends shift over time. ShowMeMoney also includes budget alerts, notifying users by email when they approach their spending limits, helping prevent overspending.
ShowMeMoney offers both subscription-based and one-time payment plans, giving users flexibility to choose the best option for their needs. For those concerned about privacy, the tool allows manual tracking without requiring a bank connection, while the optional bank integration uses Plaid, a secure platform that ensures user data privacy and compliance.
With its advanced yet user-friendly approach, ShowMeMoney is designed for individuals looking to manage their finances effectively without being overwhelmed by complexity.