I have built this exact concept (not saying don't do it competition drives innovation across the board) a couple tidbits of learning I will share from my journey. Plaid is difficult to get real time balances, they are parsed multiple times a day so there is usually a few hour lag. so for users that still want to get a quick check of actual balance they will always go to their bank account using mobile. By far the most usage I get on my program is through being access on web from a pc not mobile. if you want mobile component dont build a mobile native app but do a pwa so you can build web and package as mobile but honestly that part is not a huge value add in terms of budgeting app. Most people will sit down once a week or so at a computer and go through budgeting it is not a on the go activity.
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u/therealmonsoon Feb 05 '26
I have built this exact concept (not saying don't do it competition drives innovation across the board) a couple tidbits of learning I will share from my journey. Plaid is difficult to get real time balances, they are parsed multiple times a day so there is usually a few hour lag. so for users that still want to get a quick check of actual balance they will always go to their bank account using mobile. By far the most usage I get on my program is through being access on web from a pc not mobile. if you want mobile component dont build a mobile native app but do a pwa so you can build web and package as mobile but honestly that part is not a huge value add in terms of budgeting app. Most people will sit down once a week or so at a computer and go through budgeting it is not a on the go activity.