Patent ID: 7725391
Filing Date: 2010-05-25
Classification: G06Q

Abstract:
1. A computer-assisted method for an automatic savings plan, the method comprising: calculating, using a computer, a savings amount from an indication of a time of transaction for each of a plurality of transactions, wherein calculating a savings amount includes one of: (a) multiplying one of a minute portion of the indication of time and an hour portion of the indication of time by a predetermined value to arrive at the savings amount; (b) equating the savings amount to one of a minute portion of the indication of time and an hour portion of the indication of time; (c) adding one of a minute portion of the indication of time and an hour portion of the indication of time to a predetermined value to arrive at the savings amount; and (d) adding a minute portion of the indication of time to an hour portion of the indication of time to arrive at the savings amount; and transferring the savings amount from a first account to at least one receiving account.