India has a low financial literacy rate of 20%. This means that 80% of Indians do not have the knowledge and skills to manage their money effectively. This lack of financial literacy can lead to stress, debt, financial insecurity and losses. With easy of digital payment such as UPI and credit cards, consumer might have started spending over 34% their annual expense limit. Our team at ArgyleEnigma Tech Labs is working to address this problem by developing Budgetalizer, the world's first AI-powered, and personal behavior-based budgeting App and goal tracker app.Budgetalizer uses artificial intelligence to learn users' spending habits and make personalized recommendations for how to save money. The app is also integrated with bank accounts, so users can see their spending in real time. This makes it easy to track spending and make adjustments to budgets as needed.In addition to helping users save money, Budgetalizer also offers a variety of features to help users stay motivated and on track. These features include:Behavior-based nudges: Budgetalizer uses artificial intelligence to send users personalized nudges to help them stay on track with their budgets. For example, if a user is spending too much money on eating out, Budgetalizer might send them a reminder to pack their lunch for work.Budgetalizer is still under development, but we believe that it has the potential to make a significant impact on the financial literacy of Indians. We are confident that Budgetalizer can help people save money, reduce stress, and achieve their financial goals.Please visit our website or email us to get more information.

Part of fintech idea to life ideation rise program created by Barclays for fintech founders