» Mint: Refreshing money management

Mint: Refreshing money management

September 19th, 2007 by admin Internet Sites

Mint: Refreshing money management Imagine to meet with your personal accountant every day, to revise all your payments made through your bank accounts, all the interest earned in your saving accounts, the status of your debts, your purchases, etc. In an ideal world, if you can keep a daily eye on your financial situation and financial health would be brilliant, besides identifying the best yield opportunities for your money or the best offers for purchases that you need to make. In the real world, it would be quite costly and a bit inefficient to have your accountant going daily to your office or your house. But, what would it happen if your accountant offers to administer your finances in a daily base without having to meet him but with the possibility of obtaining your reports when you want them and, apart from that, without charging you additional service fees, except what already he gets paid once a year when you meet each other to calculate your taxes? Mint.com is a web-based software that makes all this, and it is free.

Your finances will be now in a place: Mint.com… Everything, without having to login to multiple accounts. By means of this tool, you would know the state of your financial health in any moment .

Mint.com can connect directly to 3,000 US banks and credit card companies, downloading your transactions and balances for the purpose of making calculations, to identify opportunities or unusual activity and offer suggestions. All your financial transactions are stored in a place even if you have various accounts with several banks. Equally, you will know where your money is going (Home, Food & Dining, Shopping, etc) and you will be able to make decisions to optimize your expenses.

Mint.com has an alert system, via e-mail or text messages about: low balances in any checking/savings account, credit card bill due dates, available credit on credit cards, high/unusual spending by category (i.e. Shopping, Dining, Gas), bank/ATM fees and finance charges, large purchases and large deposits becoming available. Also, based on your spending habits, Mint.com will find the best deals for you, something that, without a doubt, can save a lot of time and money for you.