Invention Grant
- Patent Title: Pay yourself first budgeting
- Patent Title (中): 支付自己第一个预算
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Application No.: US10710779Application Date: 2004-08-02
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Publication No.: US08473380B2Publication Date: 2013-06-25
- Inventor: Tracey R. Thomas , Raymond R. Ferrell
- Applicant: Tracey R. Thomas , Raymond R. Ferrell
- Applicant Address: US DE Dover
- Assignee: Propulsion Remote Holdings, LLC
- Current Assignee: Propulsion Remote Holdings, LLC
- Current Assignee Address: US DE Dover
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
The invention encourages users to not only pay themselves first, but to pay themselves first in the largest amounts possible, even if they are not able to fully pay outstanding debts. In general, the invention obtains information related to the user's income, income sources, user's debts (e.g., bills) and user's goals, then provides recommendations related to the prioritization of paying certain bills and the amount to pay for each bill based upon, for example, savings goals, minimum amounts due, due dates and available income. The invention also determines a payment hierarchy which includes transferring funds to the user's savings account prior to paying all or a portion of certain bills. The invention also monitors a consumer's purchasing activity based upon an established budget.
Public/Granted literature
- US20040254835A1 PAY YOURSELF FIRST BUDGETING Public/Granted day:2004-12-16
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