How It Works
Imfingo builds a private virtual and interactive life-time model of your finance and wealth in the cloud by using your income, expenses, assets and debt.
Financial planning helps you determine your short and long-term financial goals and create a balanced plan to meet those goals of home ownership, income, kids, savings, investments, college, retirement and more. You'll know where you're at now, what your goals are looking ahead and what areas or issues need to be addressed to achieve those goals.
Any planning must incorporate all aspects of your financial life-time in order to be accurate. While your starting point in developing your plan may be different based on your age, income, debts, and assets, the most important components of an annual financial plan are the same.
Using an estimate of your income and expenses over a period of time, a life-time model can be constructed to include saving, investing, debt and more. Modeling builds a predictive model to help an individual make sound financial decisions. Each time you enter more information, your virtual model is updated. Modeling allows you to simulate buying a home, cars, taking vacations, getting married, having kids and current events like Covid-19. Testing multiple scenarios allows comparative modeling to derive the best outcomes.
Fundamentals & Principles
Woven into our technology are the fundamentals and principles of financial and wealth success. Optimized algorithms process your information in real-time so that you understand the impact of each change you make. Wealth advice is based on these common personal finance and wealth fundamentals and principles available for free in the public domain.
Imfingo provides results in a multiple report format with interactive charts, tables and wealth advice tiles. Models can be shared and compared. Our presentation is responsive and designed to fit all devices, including phones, tables, laptops and desktops.
We strongly believe in sustainable technology aligned with humanity's best interests. Our technology is visually interactive and educational. It's a tool requiring short periods of critical thought with impactful life changing outcomes. Read more about Humane Technology.