Patent ID: 8676689
Filing Date: 2014-03-18
Classification: G06Q

Abstract:
1. A method of personal financial planning, said method comprising: providing, via a computer, a worksheet having a matrix of cells configured to store personal financial data, said worksheet includes a balance sheet section and a cash flow statement section; populating, via said computer, said balance sheet section with a plurality of asset class values, a plurality of liability class values and a plurality of net worth class values; populating, via said computer, said cash flow statement section with a plurality of periodic cash flow class values, a total periodic living expenses value and a total periodic income value, said periodic cash flow class values and said net worth class values corresponding to said asset class values and said liability class values; determining, via said computer, a total asset value based on said asset class values, a total periodic cash flow value based on said periodic cash flow class values, a total liability value based on said liability class values and a total net worth value based on said net worth class values; calculating, via said computer, a first periodic cash flow value based on a difference between said total periodic cash flow value and said total periodic living expenses value; calculating, via said computer, a second periodic cash flow value based on a difference between said first periodic cash flow value and said total periodic income value; determining, via said computer, a financial life cycle stage based on said total periodic cash flow value, said first cash flow value and a debt to asset ratio based on said total liability value and said total asset value; and displaying, via said computer, said populated asset class values, said populated periodic cash flow class values, said populated liability class values, said populated net worth class values, said populated total periodic living expenses value, said populated total periodic income value, said determined total asset value, said determined total periodic cash flow value, said determined total liability value, said determined total net worth value, said calculated first cash flow value, said calculated second cash flow value and said stage within said worksheet concurrently, wherein said populated asset class values, said populated liability class values, said populated total periodic living expenses value, said populated total periodic income value, said calculated first cash flow value and said calculated second cash flow value are labeled during said displaying.