On the other hand, if you’re looking for additional features, Mint’s credit score tracking tools and other financial tracking features make it worth considering.
You Need A BudgetĪlthough both of these platforms have more or less the same features - budgeting, online synchronization, manual entries and more - YNAB sticks to budgeting, and it’s among the best options for this purpose. Here’s how Mint performs against similar products. It makes it much easier to keep track of the user’s financial health by showing their:īefore choosing Mint over other options, it’s worthwhile to explore what its competitors have to offer. Credit ScoreĪlthough the app’s credit score tracking option is fairly new, Mint reviews on Apple’s App Store show that it’s already one of users’ favorites. These objectives are easy to set up in the app and reflect in the user’s monthly budgeting. It lets users establish spending limits and set goals like paying off loans and credit card debt or saving for a car or home. Mint also has an attractive feature for tracking and managing your goals. If the user doesn’t log in often (at least monthly), the budgeting tool can’t track movements. This is incredibly handy for those trying to manage their purchasing habits. It also has sliders to match every spent dollar with the user’s preestablished, percentage-based budget. The feature uses the synced transactions to create categories that will allow it to sort out future movements over time. The main function of Mint is to help with budgeting and tracking expenses.
The Mint web app features come in quite handy for users who don’t need an extremely complex product to track their basic personal finances. It’s been available since 2006, but it’s still missing some handy features that its competitors have been offering for years - think bill payment tools, QFX and QIF file importing options, and retirement planning assistance.Īdditionally, users have complained about bank synchronization issues and a lack of statement reconciliation tools. They can use Touch ID - an iOS safety feature that reads the user’s fingerprint to unlock Apple devices - for additional security when accessing their dashboard.Īlthough Mint is useful, it isn’t perfect.
It’s compatible with iOS and Android devices, yet Apple users have the upper hand when it comes to additional features.
The Mint mobile app makes it easier to access financial information on the go. Mint keeps your financial information updated by syncing with your financial accounts with every login. Mint even has an investment tracking option that lets users compare their portfolios with market benchmarks and visualize their asset allocation all in one place. It allows users to monitor their bank accounts, credit cards and loans by seamlessly downloading all their financial data and presenting it all together in a slick dashboard that’s part of its intuitive, easy-to-use web app. This web-based solution takes only a few seconds to set up, and - most importantly - it’s completely free. Mint is a straightforward personal finance management tool.