METHOD AND APPARATUS FOR AUTOMATIC SAVINGS UPON EVENT DETECTION

Method and apparatus for automatic savings upon event detection. An electronic transfer of funds from one financial account to another financial account is performed in response to selection of a user interface element to a computer software program. For example, a user may initiate the transfer of a fixed, relatively small amount from a checking account to a savings account by selecting a user interface element configured to initiate a funds transfer transaction. Each time the user selects the user interface element, a new funds transfer transaction is generated and transmitted to a financial institution's computer system(s) via a network. Thus, for example, a user may quickly and easily transfer relatively small, fixed amounts of funds from checking into savings without changing the current context of the computer software program.