Budgetsheet

Project Overview

BudgetSheet is a Google Sheets Add-on that streamlines personal finance tracking by importing bank transactions via Plaid. The tool offers key features including transaction formatting, automatic categorization, custom category rules, and nightly data import automation.

Business Performance

The project has been a successful side hustle for nearly 5 years, generating $5,000 monthly revenue with ambitious growth targets of $9,000 MRR by 2025. However, the creator notes high expenses, particularly with Plaid integration (recent invoice exceeding $1,600).

Technical Considerations

The product’s user experience heavily depends on Plaid’s bank integration quality. Users with well-supported banks tend to have positive experiences, while those with limited Plaid support may experience higher churn rates.

Community Feedback

Initial community response appears positive, with at least one potential user indicating interest, noting they might have chosen this solution over an alternative product they recently purchased.