Budget

Allows users to set up a budget in order to organize their finances. The module is currently under development. Here are the list of requirements:

• Data Structure – The data will be broken down by four main taxonomy terms: income, expenses, debt, and savings. From there, sub-terms can be added by the site administrator to further categorize data items. There will also be an “other” sub-term, for each of the main terms, where the user can enter their own description.
• User Interface – The data entry will be a multi-part question and answer session, with help pop-ups, that walks the user through each of the main categories of their personal finances. The user will enter data and select sub-terms from a drop-down menu.
• Security – Steps will be taken to ensure the anonymity and security of the user and their data. Only the user, the system administrator, and financial adviser role will be able to view the individual user’s data and report.
• Recommendations – The financial recommendations will be based on the user data’s deviation from normal as a percentage of net income for his/her income group. Additionally, the site administrator will be able to set thresholds where red flags would be raised. The administrator will be able to enter a detailed description that will be presented to the user for each red-flag event.
• Aggregate Reporting – The module will generate aggregate reports in matrix/spread sheet form with 6 month cost projections. The reports will be exportable in Excel spreadsheet format.
• Open Source – The module will be licensed under the GPL and contributed to the Drupal community.