Financial planner wants software that monitors a person's spending in the weeks before a plan is established
"I currently work in financial advisement and planning, and it requires a substantial amount of face to face contact and computer simulations.
With many clients, you have to provide a unique financial plan, and the plan revolves around a common goal for the client. However, I find many clients either hide their debt obligations or propose an excess amount of income resources.
For many clients, it would help to have a financial adviser software that monitors a person's spending in the weeks before a plan is established. I recommend a software similar to the automotive insurance industry. Many insurance company's offer discounts to safe drivers by examining their driving behavior. The empirical data provides a realistic expectation. Like insured drivers, most people have different emotional reactions connected to their spending habits. The software should evaluate both a client's spending habits, current resources, employment, social life, and personal psychological analysis.
The software should be provided at a cost of 40 dollars per client or a monthly subscription rate with FICO score indicator. It would help to create an unbiased solution between financial institutions and clients."