This is my review of the Mint app. This is the Mint.com budgeting and tracking app.
I love a budgeting and tracking app and I’ll tell you why. I am always wondering where some of my money goes and then spend an hour or two trying to track down what I spent and how I spent it.
With budgeting apps, I find that this takes so much hard work out of finding out that I spent £15 in one day on Latte’s ( That didn’t happen I promise)
With modern technology getting more frequent trying to keep tabs on your spending is hard. I’m afraid it is only going to get worse ladies and gentlemen. So budgeting apps may be the key to helping you organize your finances easier. When that is done you can get back to doing what you enjoy.
Now I have already reviewed one budgeting app which was the Spendee app. Although I enjoyed it and found it useful and easy to navigate I felt it was a little lacking in some areas.
I had already heard some great reviews of the Mint app so I have given it a go. I will let you know how I got on.
What Is The Mint App?
The Mint app is personal finance software that lets you keep control of all of your finances on the go. It has great budgeting and tracking features. Once these are synchronized with your bank means you can track your finances from anywhere and usually within the touch of a button.
The Mint app will automatically update any and all information. This can include all your sources of income and outgoings and leave you with the most up to date picture of your finances.
The Mint app will also recommend savings and investments or improvements you could make based on your account activity.
You can also create budgets within the Mint app. There is also a bill payment tracker and a free credit score assessment.
How Can The Mint App Help Me?
So many of the above ways can help you. I find that for me personally when I can get low on funds in my account as when I pay with contactless the payments can take a few days to come out of my account. With the Mint app, I can see instantly what I have spent and where.
This allows me to budget myself. If I do that I dont use all the money in my account and go overdrawn and get a fee applied by my bank.
This is just one of the ways that the Mint app helped me when I was using it. I read more than one Mint app review before trying it and this helped me get on with the various functions quite quickly.
For other people, I know the bill payment tracker works quite well and can help you not miss important payments.
I know that one of my friends especially rated the goal tracker. He entered all the details which in his case was paying off a high-interest credit card. He entered the amount he owed and could easily set up the amount he was paying off each month. This was then tracked and updated for him by the app.
Whatever your needs are when it comes to budgeting apps most of them will have something that helps you. It won’t be long before many more people are using them on a daily basis.
Is Mint Safe?
Yes, and No, A lot of safety these days comes from the users themselves. Did you let your security software on your PC run out? Do you use the same password for every site on your PC?
You know the drill, safety on the internet comes from you first.
Does Mint have safety features? Yes, it does. The Mint app issues you with your own 4 digit code to access your account.
Mint has also added 2-factor authentication. This means they will track any active devices and will verify your account by sending you an email or SMS.
Your login and user details are all stored in a separate database and this is all encrypted for safety. This also means that you dont have to enter your details manually and saves you time.
If heaven forbid you lose your mobile you can still access and then disable your account from that device. In certain cases, you can even deactivate the account entirely.
My Favourite Mint Features:
Alerts & Reminders:
I’m constantly setting reminders on my phone for everyday tasks. If I set a reminder I usually remember just before, If I dont then I will totally forget.
The beauty of the Mint app alerts feature is it can alert you when your balance is low or when bill payments are due enabling you to relax and enjoy your day without accruing any unnecessary fees.
I’m a goals type of person so having budget goals that can keep me on track financially is a very good option. To start off with the Mint app will suggest budget goals for you and then as you get more confident with the app you can create your own and work towards them.
I love investing, My current investments mainly lay in cryptocurrency but I do have some elsewhere. The Mint app has portfolio tracking to enable you to keep track of all of your investments and combining it with the mint app tools means you can instantly see if you need to rethink where your investments are kept.
As I said at the start I love a budgeting app and I am sure I will be roadtesting a few more along the way. The Mint app Is for me better than the Spendee app. The investments section is probably what swung it for me but all of these apps are available on the stores and it is up to you as an individual to work out what one best suits your needs.
The Mint app is free and has no extra costs I would say this is one of the better ones out there. I have heard some reports of Bank syncing not being the greatest but dont let that put you off a perfectly good budgeting and tracking app.