Patent ID: 8478691

Claim:
A method for saving money with mobile devices comprising the steps of: providing a mobile device, the mobile device belonging to a user, the user having a savings goal; creating an electronic account; computing a periodic sum of money to be saved by the user according to the savings goal; receiving a first electronic message from the mobile device, the first electronic message comprising a description of a service or product not purchased by the user of the mobile device and an amount of money not spent; storing the description and the amount in the account; computing a running total of the amount of money not spent; transmitting a second electronic message, the second electronic message acknowledging the first electronic message, the amount not spent by the user, the amount remaining to be saved to reach the savings goal and/or the total amount not spent; and repeating the steps of receiving, storing, computing the running total, and transmitting until the savings goal is reached.