Hello everyone, today I will be sharing my new tool called "Personal Inflation Calculator" for India, which is a tool to calculate personal inflation according to the different expenses among different categories.
This tool was inspired by the concept coined by Mr Vivek Bajaj (@vivbajaj) in this Youtube video from the 'Learn2Invest' series.
The personal Inflation concept tells us how every individual has his/her own inflation rate depending on the amount spent across different categories.
You can log on to https://personalinflation.in/
Also, you can choose between "Rural", "Urban" & "Combined" inflation.
Inflation for each category is sourced from RBI and is released every month. The Source of these values for the latest month is shown at the bottom.
This tool is built using Node JS, Angular, MongoDB and deployed on Northflank as a Docker container. You can look at the source code at https://github.com/mtwn105/personal-inflation-calculator
If you like my app, do support me by using the "Support Me" button, and keep reading my content by subscribing to newsletters. Till next time, peace.