The New Year is coming soon and many of us will kick off new year’s resolutions to get back into better financial shape after a binge of holiday shopping. There are a many software packages which will help you setup a financial plan to get yourself back in shape and Mint.com is becoming an increasingly popular option for those trying to get their financial house in order. Here’s our Mint.com Review.
Mint.com promotes itself as the “best free way to manage your money.” The service has gotten a lot of press from the media because of its ease of use and recent purchase by Quicken. Mint.com provides you a financial dashboard which helps you see where your money is going. The service connects to your checking, saving and investment accounts and provides you a picture of where you’re at financially and where your money is going.
With that information, you can create goals and set a budget. The service will help you keep track of your budget by automatically categorizing your purchases as you spend money with your debit or credit card. Mint.com will let you know if you’re spending more in a category than you had originally intended.
Many have issued concern over the security of the website, since it has access to the data regarding your financial accounts. Fortunately, Mint has done a great job of making sure that your data is safe. They use 128-bit SSL end-to-end encryption and provides bank-level security on your data. Mint.com is also a “read only” service, meaning that you (or anyone else) can’t move money from account to account with the service. Mint will also help increase your financial security by letting you know via email if there have been any unusual transactions in your bank accounts.
Mint.com is absolutely free. If you would like to do your own Mint.com Review, visit www.mint.com
