Showing posts with label savings. Show all posts
Showing posts with label savings. Show all posts

Monday, April 4, 2011

Mint.com - Web Service Review


Mint.com has been around for a few years, but I often find friends who are not aware of it, and as a fan, I like to spread the word.  Mint is a web-based service which allows you to collect and track all of your personal financial data in one place.  For me it has been a life-saver and allowed me to really get a picture of where my money is spent, and how to plan savings.
When you first log into Mint, you enter your various online accounts, along with passwords.  Mint has every bank account, credit card, loan, mortgage and investment that I use, and from the listings, I imagine they will cover just about everyone.  Mint securely contacts each of your accounts and aggreates the data, creating charts and reports of your combined finances.  It also has features which allow you to set budgets and goals.  Budgets are useful to track your spending during a given month on certain categories of spending, while goals allow you to set longer-term targets for savings, such as retirement.