Manage Your Money With Mint

I was searching for an app, for my iPhone, that can manage my finance. Luckily, I heard about MintMint is a free app that you can download either for the iPhone or Android and if you don’t own a mobile phone  you can still use their website. I know that there is a lot of apps out there that can do the same but at least this one is free.

Now, what does it do exactly? Well they describe they product like this “Mint brings all your financial accounts together online or on your mobile device, automatically categorizes your transactions, lets you set budgets and helps you achieve your savings goals.”. As you see it does pretty much everything that we need the know at least for the basics.

How it works

You have to fill out the form with all you credentials and you bank accounts information too. I know it might sound scary to put in you bank’s information but  apparently it’s totally safe. For starters, you can’t move money with Mint, you can only see, it’s a read only policy. Don’t forget this is an app that helps you manage your money. They have a 24/7 protection and they can notify you via email or text messages any large purchases or unusual changes in you account. And of course they have 128-bit encryption plus they are verified with TRUSTeVeriSign and Hackersafe, and supported by RSA Security.

Now the fun begins, you can set goals with your budget, you can know where did you spend your money on, like on restaurants, entertainment, mortgage or even loans. It’s pretty great to see where do you need to cut off, like now you know you should bring your lunch more often to work instead of going out. The best part is the push notification, with this you can know exactly if you are following your new goal. Let’s say for example that you set yourself an allowance of $100 for the month just for going out. Well with this little app it will notify you if you exceed the allowance that you set.

In conclusion, this app is free either for mobile or online and it’s secure, it’s pretty easy to see everything that you need. You guys should probably give it a try.

Source (mint)