Abstract: Systems and methods for improved bill payment. In some embodiments, the system may allow users to precisely track and approve/deny incoming and/or outgoing transactions using rules, some of which may be preset by the system and others of which may be set and changed as desired by the users. Rules may allow for restricting approved transactions, for example, to a particular merchant or group of merchants, a particular amount or range/threshold amount(s), dates, or time frames.

Abstract: Systems and methods for collaborative money management. In some embodiments, the system may allow for creation of a series of virtual and/or sub-accounts that may be shared with other users in the network according to a series of restrictions/rules that may be established by users of the system. Users may then decide, either unilaterally or after receiving a request from another user, to share a certain amount of money within an account with one or more other users, subject to rules that may be established, such as limits on the spending amount, allowed merchants, geographical restrictions, temporal restrictions, and the like. Once the transaction has been approved and takes place, any remaining funds may be automatically returned to the sharing user without requiring repayment or returning of remaining funds/change from the transaction.