Computer system and related equipment for spending and investment account management
First Claim
1. A computer system for managing and tracking an investment and spending account, said system comprisinga memory comprising account information, said account information beings associated with an investment account and a spending account;
- a process or coupled to said memory, said processor being disposed to process said account information and to process at least one transaction associated with either or both said investment account or said spending account;
said memory comprising a set of investment guidelines associated with said investment account and a set of spending flexibility guidelines associated with said spending account, said investment guidelines and said spending flexibility guidelines coordinated to obtain a selected rate of return;
a program for directing said processor to determine, responsive to said account information, a first condition for raising a first signal associated with said investment guidelines, for directing said processor to determine, responsive to said account information a second condition for raising a second signal associated with said spending flexibility guidelines, andfor directing said processor to raise said first signal or said second signal, responsive to said account information and said at least one transaction.
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Accused Products
Abstract
A method, computer system and equipment for managing an investment and spending account, so as to achieve selected guidelines for spending flexibility and investment returns. A computer system, for recording account information and a processor for processing account data and transactions associated with the account, implements a combined spending and investment account, by which an account holder achieves a selected degree of spending flexibility and a selected investment return. The computer system monitors inflows to and outflows from the account, and investment returns achieved for the account, and indicates when adjustments to the account are required to achieve the selected investment guidelines while presenting the account holder with the selected spending flexibility. The computer system associates a spending account with a related investment account, so that the account holder may access the spending account within the spending flexibility guidelines, while an account manager, either a human being or a computer program such as an artificial intelligence, controls the associated investment account within the investment guidelines. The computer system tracks and monitors the resources available in the spending account and the investment account, and responsive thereto, presents the account manager with signals indicating whether investment adjustments are suggested for meeting the investment guidelines and while still permitting outflows within the spending account according to the spending flexibility guidelines.
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Citations
76 Claims
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1. A computer system for managing and tracking an investment and spending account, said system comprising
a memory comprising account information, said account information beings associated with an investment account and a spending account; -
a process or coupled to said memory, said processor being disposed to process said account information and to process at least one transaction associated with either or both said investment account or said spending account; said memory comprising a set of investment guidelines associated with said investment account and a set of spending flexibility guidelines associated with said spending account, said investment guidelines and said spending flexibility guidelines coordinated to obtain a selected rate of return; a program for directing said processor to determine, responsive to said account information, a first condition for raising a first signal associated with said investment guidelines, for directing said processor to determine, responsive to said account information a second condition for raising a second signal associated with said spending flexibility guidelines, and for directing said processor to raise said first signal or said second signal, responsive to said account information and said at least one transaction. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A computer system for managing and tracking an investment and spending, account, said system comprising:
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a memory, said memory comprising an account database, said account database comprising at least one account, said account having a spending component and an investment component; a processor coupled to said memory, said processor comprising means for executing an account management program in said memory, said account management program having an account monitor component disposed to generate a spending flexibility signal responsive to said spending component or to generate an investment signal responsive to said investment component; an input device coupled to said processor;
said account management program comprising an information receipt component disposed to receive a transaction from said input device;said account management program comprising a transaction processing component disposed to update said account responsive to said transaction; and a communication link coupled to said processor; an account card disposed for coupling to said communication link and comprising means for receiving information about said account from said processor using said communication link. - View Dependent Claims (12, 13, 14, 15)
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16. A computer system for managing and tracking an investment and spending account, said system comprising
a memory, said memory comprising an account database, said account database comprising at least one account, said account comprising a spending component and an investment component; -
a processor coupled to said memory, said processor comprising means for executing an account management program in said memory; an input device coupled to said processor;
said account management program comprising an information receipt component disposed to receive a transaction from said input device;said account management program comprising a transaction processing component disposed to update said account responsive to said transaction; and said account management program comprising an account monitor component disposed to generate a spending flexibility signal responsive to said spending component or to generate an investment signal responsive to said investment component, said spending component comprising a spending balance, a set of spending guidelines, and a set of actions associated with failure to meet said spending guidelines, and said investment component comprising an investment balance, a set of investment guidelines, and a set of actions associated with failure to meet said investment guidelines, said set of spending guidelines and said set of investment guidelines coordinated to obtain a selected rate of return for said account. - View Dependent Claims (17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28)
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29. A method of operating a computer system for managing and tracking an investment and spending account, said method comprising the steps of
loading account information associated with an account into a memory; -
coupling a processor to said memory, and disposing said processor to process said account information and to process at least one transaction associated with said account; loading a set of investment guidelines associated with said account and a set of spending flexibility guidelines associated with said account into said memory; directing said processor to determine, responsive to said account information, a first condition for raising a first signal associated with said investment guidelines, said directing said processor to determine step comprises the steps of; directing said processor to determine an expected investment return, responsive to said investment guidelines; directing said processor to compare said expected investment return with said investment guidelines; and directing said processor to define said first condition responsive to a result of a comparison performed by said processor responsive to said means for directing said processor to compare said expected investment return with said investment guidelines; directing said processor to determine, responsive to said account information, a second condition for raising a second signal associated with said spending flexibility guidelines, said directing said processor to determine step comprises the steps of; directing said processor to determine an expected investment return, responsive to said investment guidelines; directing said processor to compare said expected investment return with said investment guidelines; and directing said processor to define said second condition responsive to a result of a comparison performed by said processor responsive to said means for directing said processor to compare said expected investment return with said investment guidelines; and directing said processor to raise said first signal or said signal, responsive to said account information and said at least one transaction. - View Dependent Claims (30, 31, 32, 33, 34, 35, 36)
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37. A method of operating a computer system for managing and tracking an investment and spending account, said method comprising the steps of:
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loading an account database, said account database comprising at least one account, into a memory; loading a set of investment guidelines associated with said account and a set of spending flexibility guidelines associated with said account into said memory; coupling a processor to said memory; directing said processor to execute an account management program in said memory; directing said processor to receive a transaction;
directing said processor to update said account responsive to said transaction; andcoupling a communication link to said processor;
coupling an account card to said communication link;
receiving information using said account card about said account from said processor using said communication link. - View Dependent Claims (38, 39, 40, 41)
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42. A method for operating a computer system for managing and tracking an investment and spending account, said method comprising the steps of:
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loading an account database into a memory, said account database comprising at least one account, said account comprising a spending component and an investment component, said spending component having a spending balance and a set of spending guidelines, and said investment component having an investment balance and a set of investment guidelines; coupling a processor to said memory, and directing said processor to execute an account management program in said memory; coupling an input device to said processor; directing said processor to receive a transaction from said input device; directing said processor to update said account responsive to said transaction; directing said processor to generate a spending flexibility signal responsive to said spending component or to generate an investment signal responsive to said investment component; and directing said processor to alter said spending flexibility guidelines or said investment guidelines responsive to an average for a selected time period of one of the following;
a payment amount from an account holder associated with said spending component, said spending balance, a spending amount, said investment balance, a return on said investment balance, or a variance of returns on said investment balance. - View Dependent Claims (43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54)
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55. A computer system for managing and tracking an investment and spending account, said system comprising:
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a memory, said memory comprising an account database, a set of investment guidelines, a set of spending flexibility guidelines, said account database comprising at least one account, said at least one account having an investment account that is associated with said investment guidelines and a spending account that is associated with set of spending flexibility guidelines, said investment guidelines and said spending flexibility guidelines coordinated to obtain a selected rate of return; a processor coupled to say memory, said processor comprising means for executing an account management program in said memory; an input device coupled to said processor;
said account management program comprising an information receipt component disposed to receive a transaction from from said input device;said account management program comprising a transaction processing component disposed to update said account responsive to said transaction; and
a communication link coupled to said processor;
a terminal disposed for coupling to said communication link, said terminal coupled to a vending device and disposed to trigger said vending device upon receipt of a signal representative of a financial transaction. - View Dependent Claims (56, 57, 58, 59, 60, 61, 62, 63, 64, 65)
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66. A method of operating a computer system for managing and tracking an investment and spending account, said method comprising the steps of:
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loading an account database, said account database comprising at least one account, into a memory said at least one account having an investment account and a spending account, said memory comprising a set of investment guidelines associated with said investment account and a set of spending flexibility guidelines associated with said spending account, said investment guidelines and said spending flexibility guidelines coordinated to obtain a selected rate of return; coupling a processor to said memory; coupling an input device to said processor; receiving a transaction from said input device; updating said account responsive to said transaction; coupling a communication link to said processor; and coupling a terminal to said communication link and to a vending device, receiving a signal representative of a financial transaction at said terminal, and triggering said vending device upon receipt of said signal. - View Dependent Claims (67, 68, 69, 70, 71, 72, 73, 74, 75, 76)
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Specification