Monday, June 9, 2008

Mint

I'm trying out a new website called Mint. It keeps track of all your online banking accounts for free, allows you to set up budgets, track trends, and then offers you suggestions on how to save money, albeit usually by offering a different credit card or online investment.

I'm in process of setting it up now. I'll let you know how it works out!

First impressions:
- It's useful to have all of my accounts in one place and set up categories so I can see spreadsheets quickly.
- Categories are predefined and don't go along with our current budget.
- Budget setup is very clunky and needs much improvement; don't think I'll be using this feature much.
- Excellent variety of alerts.
- Ability to "hide" accounts from Mint; this is great since I'm on my mom's accounts but don't want her info showing up in the list.
- Ability to add any accounts you have login for; this allows me to add hubby's accounts too (with permission, of course).
- Participants include PayPal, which is great.

1 comment:

Lise said...

I've had a less than stellar experience with Mint, which I'll be blogging about at some point. Mainly my biggest problem is that they kept "losing" my accounts - every time a certain account changed its login procedures, it would break Mint's link with that site. For example, I can't see my EmigrantDirect savings account on there since the site changed its login procedures - and it has been MONTHS since this change was made, so Mint has had plenty of time to adapt. Overall, I'm not very happy with them.