I was lucky to get to be a beta-tester of the new online finance application mint.com. I wouldn’t usually write reviews like this, but I even shared this site with some of my family members because I thought it was so cool.
This is what I’ve been waiting for in a finance application
This has been the application I’ve been waiting for. The interface is slick, and the auto-updates of your accounts seamless. I easily added my wells fargo checking accounts as well as a few of my personal credit card accounts. Once I get my financial situation a bit more stable (if that ever happens), I will definitely be using mint to manage, monitor, and analyze my spending.
Main Interface
The main overview of your accounts gives a great snapshot of your latest transactions, alerts and more. Obviously my financial health is bad (and I haven’t even imported all my accounts. Mint.com can’t handle collection accounts)
Analyze Spending…easily
Mint.com makes analyzing and tagging transactions really, really easy. Sadly, it recognizes (truthfully…grrr) that my "most frequented merchant" is "overdraft fee". Darn!
Favorite Feature
Probably my favorite feature is the ability to receive text messages when an account reaches a certain threshold. For example, lets say you want to receive a text when your checking account falls below $100.
Bugs and gripes
The one feature of mint that seemed to annoy me (that I probably just need to tweak a bit in my settings) was the e-mails I would receive of "large deposits" in my bank account. That’s great and all, but I got an e-mail this morning of a large deposit, that was dated August 28th. Not exactly current.
More Screenshots
Main Tabs
I need to update some of my "tags"
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I am also a beta-tester and had to promise not to take screenshots of of the website before mint.com goes public. You may want to check into that.
It launched officially today!
Yes this launched and I have been curious about it. The banks are starting to put these applications out there to actually help people track their money and see what they’re doing. Thanks for posting the screens of how your stuff is broken down that puts some insight on it.
How secure is it? How trustworthy is mint.com?
Any ideas?
Look interesting, thanks for posting about it
I just tried to add about 20 accounts and not one was accepted?? All major banks??
It looks great, but does it really work?
Have you seen our Electric CheckBook entry for RailsRumble07? It was completely designed and built by our 3-man team during the 48-hour Rails competition.
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RailsRumble07 – http://vote.railsrumble.com
Its flexible double-entry ledgers can be shared within a group enabling remote partners, your accountant and spouse to share access to the appropriate accounts without emailing files back and forth.
Mint is obviously a bit more mature, but ours was designed, developed and launched in 48 hours. It has already replaced Quickbooks for our small distributed team and handles our accounting, project budgeting, and contractor timesheets. We’ll continue to add features that we need to manage our personal and business finances.
Mint can’t handle collection accounts? There are a LOT of things Mint can’t handle…. >:-|
I have been using Mint for a few months now and am generally happy with it. Some issues:
As noted above, delay in emailing alerts.
Sometimes, I get duplicate emails. Either one will be fairly timely and the other one a week or more later or both will appear within a day or two of each other. Very confusing!
No one else is bothered by not being able to create your own categories in MINT? It’s useless to me if I can’t do that. And why can’t I? How hard could that be for the developers? I just checked again last week with MINT customer service and they confirmed you can’t. Also, you can’t delete transactions. Bum stone drag! And, what do you MINT fans do if, say, you charge $50 gas to your card and your friend pays you $25 cash for her share for a trip you take together? MINT is too dummed down for the sake of “ease” of use.
Jesse, that’s exactly why I wrote my big long rant about them on opening day. Not much has changed.
Heard this scary news: http://www.techcrunch.com/2009/05/19/financial-exposure-rudder-inadvertently-
shows-users-each-others-bank-account-info/
I just deleted my a/c at mint.com. My financial data is too sensitive to be thrown all over the web (rudder.com, mint.com etc…)