SIMPLIFIED, BEHAVIOR-MODIFYING, PERSONAL BUDGETING AND FINANCIAL MANAGEMENT TOOL

Abstract

A method to assist an individual or family in managing finances is disclosed. In one embodiment, such a method includes documenting financial transactions associated with a user. The method establishes multiple budget categories to which the financial transactions may be assigned and represents, on a graphical user interface, the financial transactions as cards that are draggable by the user in a desired direction. The method represents, on the graphical user interface, the budget categories as virtual pouches and enables the user to drag the cards into the virtual pouches to assign the associated financial transactions to the associated budget categories. In certain embodiments, the virtual pouches include primary pouches including a first primary pouch configured to receive cards documenting fixed recurring expenses, and a second primary pouch configured to receive cards documenting variable non-recurring expenses. A corresponding system and computer program product are also disclosed herein.

CPC Classifications