FINANCIAL WELLNESS SYSTEM

摘要

Embodiments of the invention provide for systems, computer program products, and methods for a financial wellness application that provides an overview of the financial well-being of users. The financial wellness of the users may be determined by identifying personal characteristics of the users regarding background information about the users and the users' households. Based on a user's personal characteristics, financial wellness questions are determined from a plurality of financial wellness questions to present to the user for which the user provides financial wellness input. The financial wellness input is transformed into a financial situation assessment, day-to-day management assessment, and preparation for the future assessment, which are transformed into an overall wellness score. Moreover, the financial wellness input may also be compared against financial wellness thresholds. As such, when the user's financial wellness input fails to meet the threshold values it may trigger the display of actionable advice for the user.

主权项

1. A system for transforming user information into a determination of the financial wellness of a user, the system comprising:
one or more memory devices having computer readable program code store thereon; and one or more processing devices operatively coupled to the one or more memory devices, wherein the one or more processing devices are configured to execute the computer readable program code to:
present personal characteristic questions to the user, wherein the personal characteristic questions comprise financial history information about the user and the user's household, and wherein the personal characteristic questions are presented to the user through a user interface on a user device;receive personal characteristic inputs in response to the personal characteristic questions;determine financial wellness assessment questions to present to the user from a plurality of financial wellness assessment questions, wherein the financial wellness assessment questions are determined based on the personal characteristic inputs received for the personal characteristics questions, wherein the financial wellness assessment questions relate to the user's financial situation, the user's day-to-day financial management, and the user's preparation for the future, and wherein the plurality of financial wellness assessments questions are stored on one or more servers;present the financial wellness assessment questions to the user, wherein the financial wellness assessment questions are presented to the user on the user interface of the user device;receive financial wellness assessment inputs from the user in response to the financial wellness assessment questions, wherein the financial wellness assessment inputs are received from the user through the user interface on the user device;transform the financial wellness assessments inputs from the user into a financial situation score that measures a value of the user's net worth, a day-to-day financial management score that measures how the user handles current finances, and a preparing for the future score that measures how the user plans for long-term financial needs;transform the financial situation score, the day-to-day financial management score, and the preparing for the future score into an overall financial wellness score;identify one or more rules from a plurality of rules for one or more of the financial wellness questions or the personal characteristic questions, wherein the one or more rules are used to determine actionable advice for the user, wherein the actionable advice is determined when a threshold response for the one or more rules is violated by the financial wellness assessment inputs or the personal characteristic inputs, and wherein the plurality of rules are stored on one or more servers; andpresent the actionable advice to the user on the user interface of the user device, wherein the actionable advice comprises tips, articles, or recommended product offers associated with the one or more rules that were violated by the financial wellness assessment inputs or the personal characteristic inputs, wherein the actionable advice is related to improving the overall wellness score of the user, wherein the actionable advice is stored on one or more servers, and wherein the actionable advice comprises tips, articles, or recommended product offers that are identified from third-party systems or one or more financial institution systems.