Tuesday - Oct 23, 2018

Are you finding it challenging to manage your Credit Cards and payments?


I manage approximately 30 accounts in our household, this includes Checking, savings, prepaid accounts (Serve), Credit Card accounts. Some times it could be a challenge to remember how much money is available with you, how much you owe to your credit card.

It is easy to forget a payment when managing multiple accounts and if you do not react quickly, it could have a big impact on your credit profile and your ability to get lucrative signup bonuses in the future.

 

Mint : A Personal financial management tool

Mint : A Personal financial management tool

 

 

What is the solution?

Mint is a free service that helps you gather all your transactions in one place giving you control of your finances. I have been using mint for about 3 years now, I find it easy to manage my finances and keep track.

Here are some key features

– You can link most of the US based accounts with Mint

 

See all your accounts in one place

See all your accounts in one place

 

– You can see where your money is spent, all the transactions are categorized for easy analysis.

– Free Alerts when ever there is a payment due, fees charged, Unusual

Never miss a payment with the payment

Never miss a payment with the payment

 

– Mint also offers a app, I personally like this feature as it is very convenient to manage on phone and tablet

 

App lets you track your finances with the touch of a button

App lets you track your finances with the touch of a button

– Mint offers free Equifax Credit Score

– You do not need to login to multiple accounts to check the balance or transactions.

How to get started?

Sign up for Mint

Link your bank accounts, credit card accounts, loan accounts and any investment accounts

Is it safe?

Mint requires your account login details to fetch your transactions and balances. It could be a concern for some to share this information.

  • Mint uses the same kind of encryption as financial institutions 128 bit SSL
  • Mint is owned by Intuit, the provider of TurboTax
  • Here is an interesting article “Should you trust Mint.com” in NY Times

 

Conclusion:

Mint is personal finance management tool to help you keep track of your transactions, payment due dates, spending patterns and budget tracking.

It is free and easy to use.

 

Disclaimer:  Links mentioned in this post do not earn us any commission.

Editorial Note: Opinions, analysis and any calculations shown are authors alone. Information in this post is not reviewed, approved and endorsed by any airlines, frequent flyer programs or financial institutions.

 

 

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