METHOD AND SYSTEM FOR PREDICTIVE EVENT BUDGETING BASED ON FINANCIAL DATA FROM SIMILARLY SITUATED CONSUMERS

Financial data associated with one or more “contributing consumers” is obtained from one or more sources. The financial data obtained from the one or more contributing consumers is then aggregated, analyzed, and/or categorized, according to one or more events causing the changes and one or more criteria/parameters associated with the financial transaction data and/or the contributing consumer. The aggregated and/or categorized data representing the event related changes in the financial data is then stored. A “user consumer” then initiates a request for predictive event cost data associated with one or more specified events and the aggregated and/or categorized data representing the event related changes in the financial data is searched based. Results data representing the changes in the financial data for one or more similarly situated contributing consumers associated the specified event is then obtained and presented to the user consumer.