Free personal accounting by ‘Mint’

Mint can do almost anything Quicken can do, but it’s free and you don’t need to install any software.

Personal accounting software,  that allows you to manage your money, pay your bills and track your credit score with

Mint comes from the makers of TurboTax® and Quicken®,

Mint is a SaaS based online personal finance service similar to Quicken. With Mint you have no local software to install, and it’s a service you can access with any browser or most mobile devices.

Mint’s primary feature is all about budgeting and setting up goals, and this is the coolest part of the free service. Budgeting is easy to setup. Downloaded transactions will get automaticly-categorized into standard categories. You can create your own subcategories, however you cannot modify the main categories.

It has budgeting and tracking expenses, but its invest tracking area leaves a lot to be desired. Mint, it is much simpler than Intuit’s Quicken or other similar products and is lacking in many ways. You can make changes to your transactions after downloaded, and you will need to as the auto categorization is not intuitive, and you will need to make many adjustments as new transactions appear. Mint does do a good job remember previous transactions so it will they will match to the same category through continued use.

The dashboard presents information in an easy-to-use web interface – with great graphics. Though the service appears to be more about the graphical interface than useful functionality. Mint’s dashboard gives you an overview of what’s going on with your personal finances.

Mint QuickView is a companion app available only for Apple’s OS X operating system. It’s another method to get a quick glimpse into your personal finances. You then get a leaf on your toolbar that’s always running in the background. The app will alert to changes to your finances. QuickView has similar functionality to Mint’s web site, and is recommended if you use Apple’s OS X and like Mint’s service.

Through the next generation push technology;

Mint keeps an eye on your financial accounts, so you don’t have to. Mint.com sends alerts to an Email address or directly to your mobile device. Typical alerts are…

Late Fees
Over budget on a category
Bill reminders
Large purchases (Sometimes Annoying)

Weekly summaries – Weekly reporting of your finances.
Alerts – pending bills ,and ways to save money on transaction fees.
Budgeting – Know exactly where you are spending your money.
Mobile – Support for the Apple’s iPhone, iPad, OS X, and Google Android. The apps are all free.
Auto Downloads – Automatically syncs your data into Mint (when it works properly).

 

https://www.mint.com/