Hi folks,
for all data scientists and especially financial analysts out there,
this python package might be a useful resource:
https://github.com/MartinPyka/financial_life
With financial_life, monetary flows between different bank accounts can
be simulated with a few lines of code. These simulations can help to get
a deeper understanding of financial plans and a better comparison of
financial products (in particular loan conditions) for personal
circumstances.
You can
- analyse loan conditions and payment strategies
- create dynamic monetary flows between accounts for modeling more
realistic scenarios
- extend the code by controller functions (e.g. for modeling tax payments)
I wrote it to analyse my own financial plans. Maybe, this package is
also helpful for some of you.
Best,
Martin
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