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Money Management from the Mint

Posted By: The Shopping Nazi on August 31, 2010 in Budget, Business, Finance, Home - Comments: 1 Comment »

Way back in 1995, I remember when I helped a young pest control business get their first computer. We set up their books with a new software from Quicken. Over the years, Quicken has been the only real money management software for personal of business use.

Since then there has been several of money management programs to come on the market and many of them leave. Then in 2005, Aaron Patzer said there could be something better. So in 2008 Mint.com came out of beta.

When I was first introduced to it. I was a clunky not very user friendly, but program was free. Today, it has grown and matured to a very impressive money management system. And it is still FREE!

According to Mint.com, they give you personalized ideas on how to save money by presenting the greatest savings from among thousands of financial products. If you decide to make a change that saves you some money, they sometimes earn a small fee from that bank or company.

Does this sound to good to be true to the little guy? Yes, I thought so. So started looking around at what other people were saying.

DoughRoller.net say, “Before I go into specifics, let me say that there is a difference between liking a product and liking what it does for you. Mint.com is an example of an innovation that delivers on both. It’s an inherently good concept and very well executed.”

When I read Money Blog at Consumer Reports on Mint.com, I was surprised that Intuit acquired Mint.com. If you don’t know Intuit is the company that produces all the Quicken and Quickbooks software.

Still Consumer Reports Blog said, “for simplicity and ease of use, the new Mint is a good option, even for us inveterate checkbook-balancers. It doesn’t hurt that Mint’s design is easy on the eye.”

After searching the World Wide Web I found very little negative comments. Those were over 3 years old. Even PCMag.com’s user reviews were constantly using the word Excellent.

Bottom-line: I like Money Management from the Mint.com. We do all our business and personal upgrades in January. We are looking into the change. We can save money on the cost of the software (FREE). We can save money on their suggestions. Sounds like a Win – Win situation for me.

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