Mint.com Now Public
Today Aaron Patzer, founder of the money management website, Mint, released it publicly. Having been involved in the private beta of the site, I will write about it. We couldn’t do this before, because of an agreement that goes along with being in the beta.
Before I got into Mint, I always used my online banking just to check my transactions everyday and make sure they were correct. It was rather tedious having to log into various internet websites to check my multiple accounts. With Mint, it links all your accounts together. It shows you transactions, spending trends, and “ways to save.” It’s nice seeing all of your transaction on the same list, AND in English. Rather than some foreign code it shows the location/store where you made the purchase. This then plays into spending trends. Mint has categories such as; shopping, dining, entertainment, gas, health care, bills, etc. The program will then take all of your transactions and make these nice charts and graphs showing you where your money is going. With me moving this past month for college, I did a little more shopping than normal. Mint then sent a text message to my phone telling me that. Along with warning me when I start spending to much, I can also make it email/text me weekly holdings in my accounts, and recent transactions. Aside from polished spending trend displays, Mint can also updates with new deals that are going down. Savings, credit, billing, mortgages, student loans, etc. One thing that is a downer about Mint, is that it is not real time. So, if i go $100 under my checking, Mint will not notify me until I log in, and it syncs with my accounts.
At the end of the day, a lot of people don’t know how to handle money. This will help them, and if it doesn’t, it will definitely tell them what they’re doing wrong.
Through Mint
Loading …September 18 2007 04:43 pm | Misc and Technology
