System and method for collaborative budget tracking

Abstract

To enable collaborative budget tracking, a budget tracker application can be downloaded and installed on a plurality of mobile devices that communicate on a peer-to-peer network. The budget tracker application comprises a master budget control module that enables a budget administrator to create a budget plan and advertise the budget plan to potential subscribers. The budget tracker application also includes an expense recording module that enables subscribers to enter expense data and submit the expense data to the master budget control module which records the expense data, updates the budget plan, and publishes any relevant updates to the subscriber devices.

Dependencies are inferred from the claim text.