App to keep check on students’ expenses
TOI-Online | Feb 15, 2019, 16:26 IST
NEW DELHI: A class 7 student who set out to address his parents’ concerns has come up with an app, Spent Up, which allows parents to keep a track of their wards’ expenses and place a threshold on the same.
“My app targets children in the age group 12-18. There have been many instances where children take money from parents for a particular purpose and spend on something else. This has happened with me and my parents too,” Karthik Ghoshal from Greenwood High International School, Sarjapur, told TOI.
Karthik’s app won the first prize at Innoventure Competition held recently Pune.
The app takes data from bank interfaces and monitors expenses through netbanking, ATM withdrawals and credit card. It also has several additional features such as creation of five profiles and monitoring the spends, sending alerts on reaching the threshold limits and itemized expense report for the period selected.
Innoventure is a national Ideation and Entrepreneurship Challenge for Children (4th to 9th Grade) which tests entrepreneurship, innovation and venture skills of children.
More than 400 schools from across the country had participated in the event. Greenwood High was awarded the “Most Enterprising School” prize.
Karthik’s schoolmates Ansh Kundu of class 7 and Vedant Narayanswami of class 6 won the second prize.
Kundu came up with infrastructure to protect animals during floods, ‘Animal Rescue Shelter’. Vedant made a prototype of an app called “MyCarParker” which provides solutions to parking problems. Hotels and malls can register with the app and share the number of parking spaces available with them.
“My app targets children in the age group 12-18. There have been many instances where children take money from parents for a particular purpose and spend on something else. This has happened with me and my parents too,” Karthik Ghoshal from Greenwood High International School, Sarjapur, told TOI.
Karthik’s app won the first prize at Innoventure Competition held recently Pune.
The app takes data from bank interfaces and monitors expenses through netbanking, ATM withdrawals and credit card. It also has several additional features such as creation of five profiles and monitoring the spends, sending alerts on reaching the threshold limits and itemized expense report for the period selected.
Innoventure is a national Ideation and Entrepreneurship Challenge for Children (4th to 9th Grade) which tests entrepreneurship, innovation and venture skills of children.
More than 400 schools from across the country had participated in the event. Greenwood High was awarded the “Most Enterprising School” prize.
Karthik’s schoolmates Ansh Kundu of class 7 and Vedant Narayanswami of class 6 won the second prize.
Kundu came up with infrastructure to protect animals during floods, ‘Animal Rescue Shelter’. Vedant made a prototype of an app called “MyCarParker” which provides solutions to parking problems. Hotels and malls can register with the app and share the number of parking spaces available with them.
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