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awesome budget app mint.com

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  • awesome budget app mint.com

    Several months back I was searching around android app store. And came across MINT. it is a very easy to use, very secure, and quite helpful finance and budget managing app. I checked it out but after I installed it and tried to use it I became somewhat nervous. It asked for a bunch of passwords and information that I was at first apprehensive to give. Until last week.

    At my weekly f family dinner at grandparents house I overheard my older brother and grandpa discussing their mint applications and filling each other in on what was new and how they were customizing Thiers. I brought it up that I thought it seemed a little invasive to set up. But after hearing that my grandpa of all people who is reasonably wealthy, retired, and ultra careful and conservative with his finances was now using the app and liking it.

    I instantly went back to mine and filled in every account possible. And I must say this app is quite amazing, easy to use, very comprehensive, very helpful, incredibly convenient, safe, and also free. It keys you categorize budgets, track immediately your investment gains/losses over all accounts, tracks money deposited, let's you set new budgets so you can aim to work under or with them, and even offers advice on how to save money on interest rates, take advantage of tax opportunities, or further control savings and budgets. Really cool app.

    This seems like a go to app for people trying to start out a new budget plan or for those who Already have one and just like to see it in action and tweak their lives and spending accordingly to meet new goals. Is called MINT. Free on android.
    Last edited by amarowsky; 03-16-2013, 01:00 AM.

  • #2
    I actually find the Mint app to be rather limited compared to the Mint web site. So, if you haven't checked out the Mint web site, you should. On the web site, you can set up rules for renaming/recategorizing transactions, and view trends graphs. It's also easier to search through past transactions on the web site. But, the app has come a long way. When I first tried it, you couldn't correct transactions at all.

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    • #3
      I'm usually on my phone because of the convenience. But I'll definitely check out the computer version. It would be nice to compare and utilize both of them

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      • #4
        Mint is honestly a blessing for a lot of people. I use it to track goals, see my assets/debt ratio and track specific transactions so I can keep a monthly budget of food, gas, groceries, etc!

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        • #5
          Mint.com is a great tool to help with budgeting and setting goals. The app isn't too bad either, but I find myself going to the website most often.

          However, Mint.com doesn't seem to do a very good job of keeping data long-term. I've found transactions missing, recharacterized, and other strange glitches here and there when looking back at information further than a couple months ago.

          All in all, it's a great program to keep up with your budgeting and day-to-day though and even better that it's free!

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          • #6
            Originally posted by thesimplemoneyblog View Post
            However, Mint.com doesn't seem to do a very good job of keeping data long-term. I've found transactions missing, recharacterized, and other strange glitches here and there when looking back at information further than a couple months ago.
            This is definitely an important point to bring up. My net worth graph in Mint makes some funny jumps: one because they lost the historical value of my house, another where the lost the history of my mortgage, and another when I moved my IRA to a bank that Mint could actually see. Since there's no tool for editing historical data, there's no way to fix these weird jumps. It's really a shame because Mint has some beautiful charts and graphs. But, when you can't rely on the data behind them, they aren't as useful as they could be. Graphs and accurate historical data are really important to me, so I use another tool in addition to Mint. But, I keep using Mint because I do like the budgeting tools and the ease of checking up on all my accounts at once.

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            • #7
              I've always liked Quicken for tracking my budget.

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              • #8
                i have never used anything to track a budget, I think this app could come in handy, gonna check it out for sure

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