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Expenditure monitoring system

  • US 5,740,271 A
  • Filed: 07/27/1994
  • Issued: 04/14/1998
  • Est. Priority Date: 07/27/1994
  • Status: Expired due to Fees
First Claim
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1. A method for tracking and categorizing expenditure transactions, comprising the following steps:

  • a. providing at the point of each said expenditure transaction a predetermined number of pictographic icons each said icon being representative of a particular expenditure category which can be directly marked on the icon by an individual conducting said transaction to indicate that said expenditure is of a type corresponding to said marked icon representative of said particular expenditure category;

    b. scanning said array of pictographic icons to determine the existence of a mark made directly on one or more of said pictographic icons;

    c. recording information representative of each said marked icon or corresponding expenditure category in association with other information representative of each said corresponding expenditure transaction; and

    d. periodically organizing said information representative of each said expenditure transaction and each said associated marked icon or corresponding expenditure category into a statement of expenditures broken down by expenditure category.

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