Method for financial forecasting

A method and system for financial allocation and forecasting, comprising:

• receiving a plurality of financial data in a plurality of program applications from at least one user, each program application being formulated to uniquely generate a plurality of forecasting parameters that utilize the plurality of financial data for processing;
• generating a plurality of forecasting reports in at least one program application based on the plurality of forecasting parameters, each of the plurality of forecasting reports include a plurality of forecasting metrics;
• and
• automatically calculating a daily and a weekly spending rate in the at least one program application;
• whereby the daily and weekly spending rate is calculated dynamically to monitor spending rate based on savings or investments to determine whether the user is saving money, spending savings, or acquiring debt.

A method and system for financial allocation and forecasting, comprising:

• receiving a plurality of financial data in a plurality of program applications from at least one user, each program application being formulated to uniquely generate a plurality of forecasting parameters that utilize the plurality of financial data for processing;
• receiving an indication “n” or “N” which is a need for any necessary item and a “w” or “W” which is a want for any optional item or luxury purpose item for the user, in at least one program application;
• and
• generating a plurality of forecasting reports in at least one program application based on the plurality of forecasting parameters, each of the plurality of forecasting reports include a plurality of forecasting metrics;
• whereby the method allows the user to categorize an amount of spending on items needs or wants accordingly based on human or business criteria.