MUMBAI, India, July 7 -- Intellectual Property India has published a patent application (202641061693 A) filed by Saveetha Institute Of Medical And Technical Sciences on May 15, 2026, for Wealth Wave Application For Savings.
Inventors include Yuvanika G N; Dr Rama A; and Dr Ramya Mohan.
The application for the patent was published on July 03, 2026, under issue no. 27/2026.
Abstract: Financial management is becoming increasingly difficult in the modem world, particularly for students and young professionals who lack prior experience with structured saving and investment practices. This project presents the development of a savings application that functions as a simplified personal financial guide, emphasizing systematic saving behavior through goal-oriented planning. The application enables users to create multiple savings goals by specifying their target amount, monthly income, and intended time frame. Based on this input, it provides fixed monthly saving recommendations while also offering features to update or delete existing goals, thereby ensuring flexibility and user control. A visual progress bar dynamically reflects contributions made towards each goal, thereby enhancing user motivation and improving transparency in financial tracking. In addition to goal-based savings, the application incorporates transaction management features that allow users to log income and expenses, facilitating a better understanding of financial behavior and spending patterns. The system is specifically designed for students, recent graduates, and individuals with limited financial literacy, providing them with a systematic yet accessible platform to adopt disciplined saving habits. By bridging the gap between theoretical financial knowledge and practical application, this solution fosters consistent saving practices, cultivates financial awareness, and supports the development of long-term financial well-beinicator that
Disclaimer: Curated by HT Syndication.
