Abstract: A method, computer program product and system providing management and control of the disposition of personal financial resources, taking into account the effects of inflation and deflation. The method is used to project target gross income, income taxes, after-tax income, living costs and savings over a period of time. The compounding effect of inflation (deflation) is applied to actual amounts for gross income, income taxes, after-tax income, living costs and savings to project targets for these amounts through the projected period by applying to the actual amounts the estimated rate of inflation or deflation and rates that are related to these rates. Actual inflation and deflation rates are used to determine and recalculate the inflation and deflation rates, and the rates that are related to those rates, and the recalculated rates are applied to the actual amounts to recalculate the targeted amounts.