SYSTEM AND METHOD FOR REDISTRIBUTION OF FUNDS ACCORDING TO SPENDING PATTERNS
A system and method that induces the user to change his or her spending habits, by transferring a sum of money from a Source Account to a Target Account, according to spending that has been determined by the user to be wasteful.
1 . A system for transferring a payment according to a spending pattern, comprising a user device, comprising a user software; a server for communicating with the user software; at least one source server capable of accessing a Source Account; at least one target server capable of accessing a Target Account; wherein said source server and said target server control accounts of the user; and a computer network for connecting said servers and said user device; wherein said server analyzes spending of the user according to said source server to determine the spending pattern, and induces said source server to transfer payment from said Source Account to said Target Account through said target server.
2 . A method for transferring a payment according to a spending pattern, the method being performed by the system of claim 1 , the method being operated by a remote computational device, the method comprising determining the spending pattern of the user according to at least one category of wasteful spending, wherein said at least one category of wasteful spending is determined by the user through said user software, and wherein said transfer payment is proportional to an amount spent in said category of wasteful spending.
3 . A method for inducing a user to change a spending habit, the method being performed by a remote computational device, the method comprising providing a user software being operated by a user computational device; connecting the remote computational device to at least one source server capable of accessing a Source Account and to at least one target server capable of accessing a Target Account; analyzing user spending patterns by the remote computational device according to information retrieved from the Source Account; determining a spending pattern of at least one category of spending by the user as being wasteful; and transferring a sum from said Source Account to said Target Account according to said spending pattern.
4 . The system or method of any of the above claims, wherein said Source Account comprising a credit card, a debit card, a savings account or checking account.
5 . The system or method of any of the above claims, wherein said Target Account comprises a savings account, a checking account, a brokerage account, a retirement account, a loan or a credit card.