How to use MINT a Personal finance management Tool to Track Your Finances (2024)

FAQs

How to use MINT a Personal finance management Tool to Track Your Finances? ›

Enter your email address, create a password, and follow the prompts to set up your account. The next step is to connect your bank accounts and credit cards to Mint

In less than two weeks, the budgeting app Mint — which once had 3.6 million active users, including me — will shut down forever. According to its parent company, Intuit, Mint wasn't making enough money, so Intuit began the app's closure in January.

The Mint budgeting app officially shut down on March 23, 2024, and users can no longer access their data on the app.

Is Mint safe to use? Mint is a personal finance app that is safe to use. The company has safety features including multi-factor authentication and security scanning tools to keep your account and personal data safe.

You'll see Mint already has connections with most banks and provides a dropdown search feature for them. Mint also tracks the performance of investments and sends alerts on any suspicious activity. You can connect your mortgages, credit cards, PayPal, and as many bank accounts as you'd like, among other accounts.

Monarch's chief executive and co-founder, Val Agostino, said that it did not make sense for Intuit to continue to invest in both Mint and Credit Karma given the significant cost of running data-aggregation and personal finance apps. “Mint has always been a money loser,” Mr.

Mint recently announced: “Reimagining Mint as part of Intuit Credit Karma will expand our capabilities,” which is them trying to put a positive spin on the fact that they're shutting down their budgeting app capabilities—and Mint budgeters won't be able to access their budgeting accounts or continue budgeting starting ...

Millions of users trust Mint with their information. That's because Mint uses the same 128-bit SSL encryption and physical security standards as your bank. Mint is also verified and monitored by online security experts at TRUSTe and VeriSign, among others.

Does Mint hurt your credit score? No. Mint's free TransUnion VantageScore credit score feature, which allows you to check your credit score anytime, doesn't affect your credit rating. However, you'll need to provide your Social Security number to access this feature.

What is replacing Mint? ›

Credit Karma

This is the tool that Intuit is steering Mint users toward. While there are some tracking tools and you can see your net worth (including investments), some of the budget tools will be lost. You can import Mint data, though, and see your balances across various credit cards and loans.

How to use the Mint budget app. Once you sign up and enter your personal information, Mint uses your credit history to identify your various financial accounts including credit cards, savings, checking, loans, investments, property, and taxes. You'll have the option to add each account to the app.

The Mint app is shutting down by March 23, 2024, as its owner, Intuit, encourages users to migrate to its other product, Credit Karma. Unfortunately for Mint users, Credit Karma doesn't offer all the same features as Mint, such as budgeting or the ability to view spending trends month-over-month.

Mint, a budgeting app acquired by Intuit in 2009, is shutting down as of Saturday, March 23, 2024. Mint shows users an overview of their financial well-being by displaying the current status of multiple linked accounts on one screen.

The original personal finance dashboard, Mint.com's relatively meager ARPU of $2-$3 proved “they had the wrong business model”, said ex-Mint.com product manager and Monarch Money CEO Val Agostino—giving the product away for free and monetizing off referrals .