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US 2012/0130870 A1Published application
Method and system for budget management
AssigneeBundle Corporation
InventorsJaidev Shergill, Michele Serro, Shiv Bir Singh
Life of this patent
Estimating the term…
Abstract
Provided are methods, systems and computer programs for managing finances such as personal budgets.
Claims35
A method implemented using a processor, a memory and a display device for managing a budget of a user, the method comprising
- obtaining information regarding
- at least two budgetary categories where finances of the user are to be allocated, and
- an amount of the finances to be allocated in the at least two budgetary categories;
- presenting the budgetary categories to the user via the display device;
- determining a budget for the user during a predetermined time period for the at least two budgetary categories using the obtained information;
- obtaining data regarding financial activity by the user during the predetermined time period in the at least two budgetary categories;
- using the processor to determine whether the user financial activity during the predetermined time period in the at least two budgetary categories exceeds or is likely to exceed the calculated budget;
- and
- notifying the user when the user financial activity during the predetermined time period in a first of the at least two budgetary categories exceeds or is likely to exceed the calculated budget.
6 more elements
A system for managing a budget of a user, the system comprising:
- (a) a processor, wherein the processor
- (i) runs a software application that obtains information regarding
- at least two budgetary categories where finances of the user are to be allocated, and
- an amount of the finances to be allocated in the at least two budgetary categories;
- (ii) presents the budgetary categories to the user;
- (iii) determines a budget for the user during a predetermined time period for the at least two budgetary categories using the obtained information;
- (iv) obtains data regarding financial activity by the user during the predetermined time period in the at least two budgetary categories;
- (v) determines whether the user financial activity during the predetermined time period in the at least two budgetary categories exceeds or is likely to exceed the calculated budget;
- and
- (iv) notifies the user when the user spending during the predetermined time period in a first of the at least two budgetary categories exceeds or is likely to exceed the calculated budget;
- (b) a database coupled to the processor, wherein the database resides in at least one memory and stores the budget in the at least two budgetary categories;
- and
- (c) a display coupled to the processor, wherein the display presents the budgetary categories to the user and presents the notification from the processor to the user.
10 more elements
A computer program product to be used with a processor and a display, the computer program product comprising:
- a computer usable medium comprising computer readable program code directing the processor to
- (a) obtain information regarding
- at least two budgetary categories where finances of a user are to be allocated, and
- an amount of the finances to be allocated in the at least two budgetary categories;
- (b) present the budgetary categories to the user on the display;
- (c) determine a budget for the user during a predetermined time period for the at least two budgetary categories using the obtained information;
- (d) obtain data regarding financial activity by the user during the predetermined time period in the at least two budgetary categories;
- (e) determine whether the user financial activity during the predetermined time period in the at least two budgetary categories exceeds or is likely to exceed the calculated budget;
- and
- (f) notify the user on the display when the user spending during the predetermined time period in a first of the at least two budgetary categories exceeds or is likely to exceed the calculated budget.
7 more elements
Dependencies are inferred from the claim text.