Mint – by Intuit
In a modern America, managing your finances means everything for your personal survival and can greatly influence how you experience life and impact those closest to you. Money is simple the common denominator for the exchange of goods but how do you control it with so many daily charges, expenses, and temptations? Practice good personal financial planning using Mint.com or Mint for your iPhone/Android phone.
What does Mint do?
Mint allows you to take an iPhone or Android phone and organize all of your bank account, loan info, stocks, and many more things all into one self-updating account that can help you visualize your spending habits, control your budgets, and plan for the future. Mint comes packed with helpful tips on how to upgrade to credit cards or bank/credit union accounts that would give you preferential advantages over your existing program and can even compare some programs side by side against your account to demonstrate your savings by switching over. It’s worth noting that Mint is a free application that is intended for personal use rather than business but will work in business application as well to give the user a 360-degree financial view experience.
Mint requires only your bank login in formation and some configuration in order to send out text message alerts about upcoming bills and charges. You can even use mint to send you alerts daily, monthly, or weekly to your phone via text message alert to indicate your account balances or any large spending that you can define in the options page.
Mint gives you what you always wanted to see about your money: a visual projection of your spending habits, budget analysis, and all the pie charts you can dream of. Mint can show you in a pie chart what categories of spending your throwing money into every day/week/month/year. You can also view the same pie chart based on merchant so you can see if any one particular store or retailer is eating up all of your money every month. The first time I used it I discovered I was spending about $300 a month on red bulls at gas stations and $300 a month on drinks at bars. Combined together, that’s a monthly payment on a very decent car.
Why you should download it today
When you start personally managing your finances, great things happen to your life. But the game is all about using your mind to make decisions and discipline yourself in spending, as well as having great information to look at. Practicing financial management will improve your credit score (you can view your credit score once a month within Mint.com), free up more cash in your life, get you thinking about savings and the future, give you a clear idea of what it’s going to take to get out of debt, and give you a clearer picture of what things you need every month and can’t live without vs. which things you can live without. Download Mint today and begin your question to financial freedom.