A Novel Approach Towards Full Stack Comprehensive Expense Monitoring System

In the quick-paced digital world of today, efficient financial management is increasingly important for individuals and organizations. Traditional methods of expense monitoring, such as manual record-keeping and spreadsheets, are error-prone and inefficient. To address these challenges, the proposed work presents the design, development, and deployment of a full stack comprehensive expense monitoring system. This system automates expense tracking, categorization, and budgeting, while providing insightful analytics to help users better manage their finances. The front-end is developed using React.js, offering a dynamic and end user friendly interface, while the backend is built using Node.js with Express.js, handling the logic and data processing. MongoDB serves as its database, providing scalability and flexibility in data storage. Security measures such as JavaScript Object Notation (JSON) Web Tokens based authentication, data encryption, and secure communication protocols are integrated to ensure the protection of user data. This paper details the system’s architecture, implementation, and testing, highlighting its effectiveness in improving financial management practices. The results demonstrate that the system is efficient, secure, and scalable, making it a viable solution for both personal and business use.