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System, method and program product for managing and controlling the disposition of financial resources

  • US 5,884,283 A
  • Filed: 09/05/1996
  • Issued: 03/16/1999
  • Est. Priority Date: 09/05/1996
  • Status: Expired due to Fees
First Claim
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1. A method using a computer for projecting targeted financial amounts, comprising the steps of:

  • a. said computer identifying in a record actual amounts of gross income, income taxes, after-tax income, living costs and savings for a base period of time;

    b. said computer projecting a rate of inflation or deflation for the first period in a group of periods, said projected rate being related to the rate of inflation or deflation for the base period, and entering said projected rate in a record;

    c. said computer determining amount rates corresponding to each said amount that will be applied to said amounts to achieve target amounts for each said period, said amount rates being related to said projected rate of inflation or deflation, and entering said amount rates in a record;

    d. said computer converting said almost rates to factors by dividing each said amount rate by 100 and adding 1, and entering said converted amount rates into a record;

    e. said computer applying each said converted amount rate to its corresponding amount to achieve said target amounts for each said period, and entering said target amounts in a record;

    f. said computer determining whether actual rates of inflation or deflation for a said period or partial period justifies redetermining said amount rates to be applied to said actual amounts to achieve said target amounts, and, if so, recalculating target amounts for each said period, and entering said target amounts in a record;

    g. said computer determining whether variances exist between targeted amounts and actual amounts for any said period, and displaying said variances; and

    h. said computer displaying new projected target amounts based on said actual amounts.

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