Question: Is Mint A Good Idea?

What’s wrong with mint?

Although Mint is convenient and established, many users are dissatisfied with Mint.

Common complaints include: Problems With Synchronization — Mint has trouble connecting to certain banks or credit unions if they’re on the smaller side, and it has trouble staying connected long term..

Does Mint report to IRS?

Mint is a financial software platform from the company Intuit. It is not owed, controlled, managed or otherwise affiliated with the IRS at all.

Is it safe to connect my bank account to mint?

In the event that your account is hacked, both Mint and PocketGuard are designed to be read-only, which means that you can’t actually move money into different accounts — and neither can your hacker. They’ll have access to your data and see how much money you have in your account, but won’t be able to do much with it.

Is Mint the best budgeting tool?

Best Overall Mint It comes with a wide range of features, the most useful being its budgeting tools, which lie front and center when you log in. Mint automatically categorizes transactions from linked credit and debit cards and tracks them against a budget you can tweak and customize to your needs.

Can I transfer my Quicken data to mint?

Unfortunately, there is no way to upload data into Mint, from Quicken or any other file, program or application. To create a Mint account, you must sign up on the website and connect all your bank accounts, expenses and statements together.

Does Mint sell your data?

Though Mint does aggregate and sell consumer data, it anonymizes and pools the data to protect user privacy. … The information collected and sold provides insight into average spending, saving habits, and banking fees.

Why is mint mobile so cheap?

Reason 2: Mint is an online-only carrier Second, Mint is an online only carrier. This means they have HUGE savings by not having retail storefront locations. No rent, no electrical bills, no staff. Being online-only allows Mint to slim down a lot of their costs.

Is it safe to use mint?

Taking everything we’ve outlined into account, Mint is a top choice for a safe, easy-to-use personal finance tool.

Is there anything better than Mint?

Personal Capital – free financial dashboard plus wealth and retirement planning. CountAbout – can import your data, small company feel. Tiller – level up your spreadsheets with automation.

How do I quit Mint?

BasicsSign in to your Mint.com account.Click the Settings link at the top of the page, then click on Sign In & Security.Scroll down to the bottom of the Sign In & Security page and click the link to Delete Your Mint Account.Click YES, delete my Mint Account.Enter your Mint Password and click Finish.More items…

Can couples use mint?

Who It’s For: Mint is the perfect app for couples who want a low-maintenance budgeting solution. You can use this app for shared bank accounts, or separately add your individual accounts.

Which is better mint or every dollar?

Like I’ve already said, if you are using either one of these tools, you’re already winning. I honestly don’t have a clear winner here because both tools are so different. Mint is great because it gives you an overall picture, while EveryDollar wins for how it puts you in control of your finances.

What does mint financial do?

How Does Mint Work? As a finance aggregation app, Mint helps users create and manage budgets by using the information from bank accounts, bills, credit or debit cards, and PayPal (PYPL) – Get Report and other accounts to track how much money users are taking in and how much they spend.

Can I use mint without linking accounts?

You could use the Mint app manually without connecting with any banks or other accounts. It will be a little bit cumbersome as the app is obviously designed to work through integrating with online accounts. A couple of straight-forward work-arounds should get you what you are trying to achieve.

Is Mint a good financial app?

We ranked the Mint budgeting app as the best free option out there. In addition to offering basic budgeting features, Mint also provides bill payment reminders, customized alerts when you’re over budget and a credit monitoring service.

Is personal capital better than Mint?

In fact, we’ve named Personal Capital one of the best investment apps. However, Personal Capital isn’t as good in budgeting and bill pay, while Mint excels in this functionality. Overall, Personal Capital is more reliable and has excellent customer service and retirement planning and investing features second to none.

Can I pay bills with mint?

Mint’s bill pay feature has been retired. While you’re no longer able to pay your bills through Mint, you can still view, add, and manage your bills.

Does mint help with budgeting?

Mint.com is an online personal finance tool that allows you to track your spending and helps you make a budget.

What is the best financial software for personal use?

The 8 Best Personal Finance Software Options of 2021Best Overall: Quicken.Best for Budgeting: Mint.Best for Habit Building: YNAB.Best for Zero-Based Budgeting: Mvelopes.Best for Taxes: TurboTax.Best for Investing: FutureAdvisor.Best for Investment Advice: Personal Capital.Best for Spreadsheet Management: Tiller Money.

What is the best alternative to Quicken?

Best Quicken Alternatives By FeatureOverall Recommended Alternative: Personal Capital.Investment Tracking Alternative: Betterment.Budgeting Alternative: YNAB.Bill Paying Alternative: Moneydance.Retirement Planning Alternative: Pocketsmith.Import/ Export transactions Alternative: Countabout.More items…

Is Quicken or Mint better?

Quicken has much more functionality and can grow with you over time. But for some, perhaps Mint is all you need. If you want a service that’s available online via a web browser or app, Mint is a better service for that purpose. Both Mint and Quicken are designed to show you how and where you spend your money.