Patent ID: 8112332

Claim:
A computerized method of facilitating financial counseling, the method comprising: obtaining financial data pertaining to an individual; obtaining business rules for analyzing the financial data, wherein at least two of the business rules each relate to a corresponding set of potential financial recommendations; generating, by analyzing the financial data using the business rules and using a processor of a computer, a financial assessment including two or more financial recommendations, wherein at least two of the financial recommendations include a value indicating priority for the individual and information on financial well-being of the individual; graphically representing, using the processor, the information on the financial well-being of the individual as a synopsis view graphical display on an electronic device; graphically indicating, using the processor, in the synopsis view graphical display one or more of the financial recommendations using a graphical component corresponding to at least one of the financial recommendations for the individual on the electronic device, wherein the synopsis view includes one or more highlighted components indicating that one or more of the financial recommendations represented by the component has been assigned a value indicating high priority and that the individual should act on the recommendations included in the highlighted sections; receiving an input towards acting on one of the recommendations included in one of the highlighted sections; generating, using the processor, an updated financial assessment based on the financial data, the business rules, and the received input towards acting on one of the recommendations included in one of the highlighted sections; and updating at least one of the recommendations indicated in the synopsis view graphical display in response to the updated financial assessment.