This is a Streamlit app designed to help you simulate your micro-savings journey.
Features:
- Goal Setting: Define your desired savings target.
- Initial Deposit: Enter your initial deposit amount.
- Saving Period: Specify the desired saving period in months.
- Interest Rate: Set the annual interest rate offered by your savings account.
- Daily Top-Up Calculation: The app calculates the recommended daily top-up amount needed to reach your savings target within the specified timeframe, based on the initial deposit and interest rate.
- Top-Up Adjustment: You can adjust the calculated daily top-up amount to suit your preferences.
- Visualization: The app generates a line graph to visualize your account balance growth over time.
- Summary: The app displays the total capital accumulated, including your deposits and earned interest, along with the breakdown of your saved amount and earned interest.
Requirements:
- Python 3.x
- Streamlit library (https://streamlit.io/)
- Pandas library (https://pandas.pydata.org/)
- NumPy library (https://numpy.org/)
- Plotly library (https://plotly.com/python/)
How to Use:
- Clone or download the repository containing the app files.
- Install the required libraries using
pip install streamlit pandas numpy plotly. - Open a terminal or command prompt and navigate to the directory containing the app files.
- Run the app using
streamlit run app.py.
Notes:
- This is a simple simulation tool and does not consider real-world factors like inflation or fees.
- The provided assumptions, such as the average number of days in a month, can be adjusted based on your specific needs.