Mint is a free web-based financial website. You can put all of your financial account information in one place. I heard a lot of bloggers talking about it for years. I decided to sign up for it in November of 2014. Since then, I’ve come to love Mint. It’s one of the things that has helped me get my finances in order. The website is very secure. If you need a place where you can view your finances, I would suggest that you sign up for it. Today, I want to go over five specific reasons that I love it.
You can put all your accounts in one place
Above, I stated that you can attach all of your accounts to your Mint profile. When I say all accounts, I really mean all accounts. You can attach your checking and savings accounts, credit cards, loans and much more. Being able to see everything in one place is good. Once you do that you see all of your account info on the left. It goes in an order of cash, credit, loans, investments and property.
If you’re in debt it should motivate you
Seeing the difference in your assets and debt could be an eye opener for some. Life comes at you fast. My net worth is not as bad as it was when I first joined Mint, but I still have work to do. Having the chance to see the discrepancy in my account adds fuel to my fire. I’m working hard to gather more assets than debts.
It shows all your transactions
Whether you’re paying for groceries or paying a bill, the transaction shows up on your profile. You see everything that you pay for if you are using your debit or credit card. You also see any late fees you may have. By seeing how much money you spend every month, it should get you to think about saving more. When you sign in, your transactions should update automatically. They will be organized by date. They will also have a description and a category next to each one.
It lets you know upcoming due dates for your bills
I know people have very busy lives. If you have a lot of bills, you may forget a due date every once in a while. Mint helps with that. They have a small calendar on the overview page on your account that has the due dates listed. They also send out alerts via e-mail. You can also sign up for mobile alerts too. If you tend to forget your due dates, those alerts can be a game changer.
You can create monthly budgets
In my opinion, I think everyone should have some type of budget. You can create a different budget each month with Mint. You can edit and create as many categories as you want to. I have categories such as fuel, groceries, and thrift in my budget. Depending on your lifestyle, you can change the categories and amounts every month if you choose to.
I know I said that I was going to share five reasons with you, but I lied. I have one more. Mint has a section where you can add goals. Some of the types of goals that you can add are paying off loans or credit cards and saving for an emergency. Since I’ve been using Mint, I’ve completed three goals. I have two more to go. Seeing those goals each time that I log into my account is another way to keep me motivated.
Do you have an account with Mint? What do you use to track your money?