Concrete Budgeting for Personal Savings

Americans have a negative personal savings rate; this indicates budgeting and saving can be very hard to do�money is abstract, fungible, and difficult to think about, and current software for planning budgeting and savings does not remove this difficulty. However, research from psychology and behavioral economics suggests ways to make personal budgeting easier, more natural, and more successful, by making trade-offs and the effect of risk more concrete. This project aims to use these principles to create a more effective tool for personal money management.