Welcome to the source code of Profitocracy.

Profitocracy is a powerful budget management app designed to help users track their expenses effortlessly while following the 50-30-20 budgeting rule.

Key Features of Profitocracy

• 💰 Track Your Expenses. Stay on top of your finances by organizing your spending effortlessly using the 50-30-20 rule.
• 📊 Customize Spending Categories. Create, set budgets, and easily monitor your spending in personalized categories.
• 📅 Monthly Budget Planning. Automatically generate a tailored budget to make every month stress-free.
• 🔒 Complete Data Privacy. Rest assured that your data is secure, Profitocracy does not share your information with third parties. Everything is stored locally on your device.
• 🌍 Multi-Currency Support. Track expenses in different currencies with seamless conversion for global users.
• 📈 Visualize Your Spending with Charts. Gain clear insights into your expenses with beautifully crafted charts and graphs.
• 👥 Multiple Profiles. Manage separate budgets or accounts for different individuals or purposes all within one app.
• 💻 Open-Source. Profitocracy is open-source, ensuring transparency and the support of a thriving community for constant improvements.

Android Preview

iOS Preview

Installation

Android

To install Profitocracy to an Android device through the Google Play, click on the following link:

To install Profitocracy to an Android device manually via an APK file, go to the latest release and install an attached .apk file. Then click on it and follow the instructions.

If you want to try out a specific version of Profitocracy, go to the list of releases and select the version you would like to install.

iOS

You can download the Profitocracy on the Apple App Store by following this link or by clicking on the following image:

More About Profitocracy

What is a 50-30-20 rule

The 50-30-20 rule is a common way to allocate the spending categories in your personal or household budget. The rule targets 50% of your after-tax income toward necessities, 30% toward things you don’t need—but make life a little nicer and the final 20% toward paying down debt and/or adding to your savings.

Terminologies Used in Profitocracy

💼 Profile

A Profile represents all your financial activity in one place. It tracks your expenses and calculates amounts for primary, secondary, and savings expenses. Additionally, it provides insights into your daily spending as well as categorized expenses for better organization.

🧾 Transaction

A Transaction is an operation that moves funds. It can either be an income (e.g., your salary) or an expense (e.g., groceries, rent). For expense transactions, you’ll need to specify:

• The type of expense: primary, secondary, or savings.
• The amount spent.

You can also optionally provide additional details such as:

• Spending category (default is "None").
• Description of the transaction.
• Date of the operation.

💵 Actual and Planned Amounts of Expenses

In Profitocracy, most of the data displayed on the Home Screen revolves around expenses. An expense is represented by two key values:

• Actual Amount: The real amount of money spent for a specific type or category.
• Planned Amount: The amount Profitocracy suggests as your spending limit for each category or type.

This balance between actual and planned amounts helps you stay in control of your financial goals.

📊 Category

A Category is a grouping tool for your transactions. Each category can be customized with:

• A name (e.g., Food, Entertainment).
• An optional planned amount for the month (set during creation on the Settings Screen).

Once created, you can track your category-wise spending on the Home Screen.

• If a planned amount is set, Profitocracy compares your spending against it for better tracking.
• If no planned amount is defined, the app simply displays the total expenses for the category during the ongoing month.

Gettings Started

All the steps were recorded on iOS device, but it is also correct for Android and other operating systems. There we will look at all the steps to set up Profitocracy for comfortable use.

Description	Screen Recording
1. Creating Your First Profile. Learn how to set up your first profile when launching the app for the first time.
2. Adding a Second Profile. Discover how to create and manage an another profile directly from the settings page.
3. Switching Profiles. See how to set the second profile as the current active one for personalized budget tracking.
4. Editing a Profile. Learn how to update or modify an existing profile with ease.
5. Creating Spending Categories. Walk through the process of creating your first two spending categories to organize expenses effectively.
6. Editing a Category. Watch how to edit an existing category to refine your financial organization.
7. Creating a Main Spending Transaction. See how to add a new transaction with the Main spending type.
8. Saving in a Different Currency (EUR). Learn how to create a saving transaction in EUR for managing multi-currency budgets.
9. Recording Income Transactions. Walk through the steps for adding an income transaction to track earnings.
10. Handling Withdrawals from Savings (EUR). Watch how to create a transaction for withdrawing funds from savings in EUR.
11. Visualizing Expenses with Charts. Explore the overview page to see how expenses are visualized through insightful and detailed charts.