Do you ever just look at your bank account and don’t understand how you can’t save any money when you get paid more than enough to pay for everything you need and save plenty but it’s all gone? Well worry no more because here is an awesome little app to help out with that. This app is here to help you look at where all your money goes, and helps you set visual boundaries and limits.
Overall Ranking: 9/10
- lets you add any accounts, loans, credit lines, bills
- helps you budget
- very simple, user friendly app
- many emails? (not really a con but I get too lazy to change this and then get a lot of them)
Who is this awesome budgeting app for?
People who have a problem! People who want to save more efficiently, and/or people who want to get rid of their debts. Honestly it can be for anyone who thinks they should be budgeting. I definitely think that it is great for people who make calculations, realize they could be saving half of their paycheck, but can’t understand where all the money went. This happens to me a lot. All of those small “oh it’s only $20,” or “its on sale!” really get me.
How does the Mint App work?
It is pretty simple. All you do is connect all of the accounts you have access through the internet. Because no money is going in or out of these accounts, the information is available right away. You can add personal loans, monthly bills, insurance, phone bills, and much more as long as you have online access. Once you log into them, it will show you everything in just one app, how much you owe for what, the interest being added to it, what you are spending your money on, when you have to pay what, etc.
Once you set up your accounts, you will have an opportunity to set your budgets. Sometimes it isn’t really able to distinguish between different purchases due to the way things are called when they come out of your card, but you can change the category of the purchase to make it fall under the right budget
You can pick and choose what categories you would like to focus on like food, clothing, restaurants, pet food, and many more.
Right next to every budget category, there is a little pencil that takes you to a page where you can adjust the budget you your needs. This is to keep you in line with your goals and choices. These settings shouldn’t be changed just because you want to get something that doesn’t fit in the budget of course.
Along with the graphs, you can also get a little visual pie chart to show you where your money is disappearing to.
This app also gives you a chance to look at your credit score and it gives you advice. This advice usually involves better options in terms of credit cards and loans to lower your interest rate and help you pay off your debt sooner.
SUPPORT: Both the app and the online site offer help through various FAQ. They also have the option to email them which will be answered as soon as they can. I personally like to have a number I can call in case of something that I absolutely need answered immediately due to my impatient personality, but because of the nature and use of this app, I don’t see how that would ever be necessary.
Should you download the Mint App and try it out?
Of course! I really like this app and definitely recommend it. It may or may not be a little weird at first, but its mostly simple and easy to figure out. Just so you know, I am not getting paid a cent to write good things about this awesome app. Everything I wrote is my personal opinion without the leverage of money. The best thing about this budgeting app is that it really helps me see what a fat ass I am when it comes to eating out and how even just a few dollars here and there really add up quickly.
Leave a comment below if you have any questions know of other awesome products like mint!