SYSTEMS AND METHODS FOR TRACKING FINANCIAL INFORMATION

• US 20110106691A1
• Filed: 06/03/2010
• Published: 05/05/2011
• Est. Priority Date: 06/03/2009
• Status: Abandoned Application

• Current Assignee: Clark D. Sean, Jason Borup, Seth Risenmay, Watson Legrand Ellison
• Original Assignee: Clark D. Sean, Jason Borup, Seth Risenmay, Watson Legrand Ellison
• Inventors: Ellison, Watson LeGrand, Clark, D. Sean, Borup, Jason, Risenmay, Seth
• Application Number:
  US12/793,450
• Publication Number:
  US 20110106691A1
• Time in Patent Office: Days
• US Class Current: 705/38
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

Embodiments include systems and methods for assisting with financial planning. In one embodiment, a financial planning system generates a convenient user interface that displays a variety of financial information in an easy to understand format. In one embodiment, a financial planning system aggregates data from multiple sources and displays the data in a manner that is useful for financial planning, such as debt, retirement, and budget planning. In another embodiment, the financial planning system promotes financial services and products.

Claims

1. A system for managing financial information, comprising:

a processor configured to;

receive data associated with a plurality of financial accounts;

process the data, wherein processing comprises one of categorizing, summarizing, or aggregating; and

generate an interface displaying the processed data.

2. The system of claim 1, wherein receiving data associated with a plurality of financial accounts comprises:

receiving login information associated with a plurality of accounts; and

retrieving data from the plurality of financial accounts using the login information.

3. The system of claim 1, wherein receiving data associated with a plurality of financial accounts comprises receiving information from a financial institution.

4. The system of claim 1, wherein the method for processing the data is dependent on the source of the financial information.

5. The system of claim 1, wherein the processor is further configured to:

receive user input categorizing expenses and income into a budget;

receive actual expenses and income;

reconcile the actual expenses and income with the categorized expenses and income; and

generate an interface for displaying the reconciled expenses and income.

6. The system of claim 1, wherein the processor is further configured to:

calculate a projected payoff forecast for a debt; and

generate an interface for displaying the calculated projected payoff.

7. The system of claim 1, wherein the processor is further configured to:

determine options for restructuring or refinancing a debt; and

generate an interface for displaying the determined options for restructuring or refinancing the debt.

8. The system of claim 1, wherein the processor is further configured to:

receive input listing the order in which to payoff debts;

determine the amount of money saved on interest based on the order of payoff;

generate an interface for displaying the determined amount of money saved; and

generate an interface for displaying options for using the money saved.

9. The system of claim 1, wherein the processor is further configured to:

retrieve a credit score; and

generate an interface for displaying the credit score.

10. The system of claim 9. wherein the processor is further configured to:

identify credit repair information; and

generate an interface for displaying information about repairing the credit score.

11. The system of claim 9, wherein the processor is further configured to:

determine one or more strategic offers based on the credit score; and

generate an interface for presenting one or more strategic offers.

12. The system of claim 1, wherein the processor is further configured to:

identify affiliate partners to help improve a credit score; and

generate an interface for displaying the affiliate partners.

13. The system of claim 1, wherein the processor is further configured to:

provide rewards based on use of the system; and

generate an interface for displaying the provided rewards.

14. The system of claim 1, wherein the processor is further configured to:

receive information relevant to identity theft; and

generate an interface for displaying information about protection from identity theft based on the received information.

15. The system of claim 1, wherein the processor is further configured to:

receive information about finances saved for retirement;

generate an interface for displaying the finances saved for retirement;

determine options for managing the finances saved for retirement; and

generate an interface for displaying options for managing the finances saved for retirement.

16. The system of claim 1, wherein the processor is further configured to:

calculate whether a user will have a surplus or deficit at multiple future points in time; and

generate an interface for displaying a timeline of whether a user will have a surplus or deficit at each point on the timeline.

17. The system of claim 1, wherein the processor is further configured to:

receive information about a financial scenario;

calculate the financial consequences of the received scenario; and

generate an interface for displaying the financial consequences of the received financial scenario.

18. A method for managing financial information, comprising:

receiving data associated with a plurality of financial accounts;

processing the data, wherein processing comprises one of categorizing, summarizing, or aggregating; and

generating an interface displaying the processed data.

19. The method of claim 18, wherein receiving data associated with a plurality of financial accounts comprises:

receiving login information associated with a plurality of accounts; and

retrieving data from the plurality of financial accounts using the login information.

20. The method of claim 18, wherein receiving data associated with a plurality of financial accounts comprises receiving information from a financial institution.

21. A system for managing financial information, comprising:

means for receiving data associated with a plurality of financial accounts;

means for processing the data, wherein processing comprises one of categorizing, summarizing, or aggregating; and

means for generating an interface displaying the processed data.

22. The system of claim 21, wherein receiving data associated with a plurality of financial accounts comprises:

means for receiving login information associated with a plurality of accounts; and

means for retrieving data from the plurality of financial accounts using the login information.

23. The system of claim 21, wherein receiving data associated with a plurality of financial accounts comprises receiving information from a financial institution.