FINANCIAL MANAGEMENT SYSTEM AND METHOD
First Claim
1. A method for managing financial transactions of a transacting entity having a computing device associated therewith, comprising:
- receiving transaction information associated with a financial transaction for the transacting entity;
evaluating the transaction information for determining whether the financial transaction is appropriate with respect to at least one constraint defined by at least one of budgetary information and account information associated with the transacting entity; and
propagating transaction evaluation result information toward the computing device, the transaction evaluation result information adapted for providing an indication to the transacting entity as to whether the financial transaction is appropriate.
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Accused Products
Abstract
A system and method of performing financial management tracking comprising entering, on a mobile control device, data associated with a financial transaction; storing said entered financial transaction data in a database within said mobile control device; periodically synchronizing said mobile control device database with a base station database via a communications link such that budgetary and financial transaction data is update. In one embodiment of the invention, each member of a household utilizes a separate mobile control device, each of the mobile control devices is synchronized with the base device such that all mobile control devices are synchronized with each other.
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Citations
20 Claims
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1. A method for managing financial transactions of a transacting entity having a computing device associated therewith, comprising:
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receiving transaction information associated with a financial transaction for the transacting entity; evaluating the transaction information for determining whether the financial transaction is appropriate with respect to at least one constraint defined by at least one of budgetary information and account information associated with the transacting entity; and propagating transaction evaluation result information toward the computing device, the transaction evaluation result information adapted for providing an indication to the transacting entity as to whether the financial transaction is appropriate. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A method for managing financial transactions of a transacting entity at a portable computing device, comprising:
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receiving, via an input device of the portable computing device, transaction information associated with a financial transaction for the transacting entity; propagating the financial transaction information toward a serving device adapted for evaluating the transaction information for determining whether the financial transaction is appropriate with respect to at least one constraint defined by at least one of budgetary information and account information associated with the transacting entity; receiving transaction evaluation result information indicative as to whether the financial transaction is appropriate; and displaying, via a display device of the portable computing device, an indication as to whether the financial transaction is appropriate. - View Dependent Claims (15, 16, 17)
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18. A system for managing financial information, comprising:
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a serving device, the serving device adapted for receiving transaction information associated with a financial transaction initiated by a transacting entity, evaluating the transaction information for determining whether the financial transaction is appropriate with respect to at least one constraint defined by at least one of budgetary information and account information associated with the transacting entity, and propagating transaction evaluation result information providing an indication as to whether the financial transaction is appropriate; and at least one portable computing device, each of the at least one portable computing device comprising a processor, a memory, an input device, and a display device, each of the at least one portable computing device adapted for receiving transaction information via the input device and propagating the transaction information toward the serving device for evaluation of financial transactions, each of the at least one portable computing device adapted for receiving financial transaction evaluation results from the serving device and displaying the financial transaction evaluation results via the display device. - View Dependent Claims (19, 20)
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Specification