Managing Money in 2011

Managing Money in 2011

I don’t know if I’ve mentioned this money management site to you yet.  If I have, I haven’t given it nearly enough screen time.

Mint is a free site that has some amazing tools for

  • setting budgets,
  • managing all your accounts,
  • and achieving financial goals.

What I’ve found incredibly useful is that it sorts all of our purchases and tells us when we exceed a budget or even when we haven’t spent our budget and should put that *extra* toward one of our financial goals.  Right now we have a few goals – one is an annual family vacation and the other is our savings for college.  Retirement is pretty well automated so isn’t subject to variations in monthly income since it is automatically deducted and deposited.  I love getting the automatic e-mails when I overspend in some category.  Over the past month, that happened quite a bit since Christmas expenses aren’t regular monthly budget so Mint told me I exceeded my budgets quite a bit.  Here’s an e-mail I recently received…

I have also really appreciated the notices about fees on our accounts.  My bank slides $2 and more fees into things with disturbing frequency.  I wasn’t paying close enough attention before, but now with Mint, I am notified that same day and can call the bank or address the situation immediately.

Yes, I do get a bit of $ if you choose to sign up so please go ahead and use the links on this page. (Click here)   There isn’t any risk since it’s free and if you like it as much as I have you will be very happy that you did!

8 Responses to Managing Money in 2011

  1. I signed up for Mint.com last year, and it was a fail for me. It wouldn’t accept my bank for some reason (we use M&T) and when I tried (3 times) with the customer service of Mint.com, I never recieved a response.

  2. Oh, that is so disappointing! I did have to enter my passwords a few different times to get our bank accounts to load. They switched to a 3 different password system that randomly rotates and it caused trouble. Our savings accounts don’t always load either, but those don’t change as much so don’t really bother me.

    I’m sorry to hear it didn’t work out! I’ve really liked it now that I have gotten it to link. :)

  3. Hi Daria, I love mint.com! It is a great tool to manage cash flow, keeping an eye on what’s coming in and what’s going out… up to the minute. I really like the goals feature and linking directly to specific accounts so I can see if I’m on track. They’ve had a problem recently with CitizensBank because the bank is not allowing Mint access… they’re working it out apparently. Small hiccup (I hope) Happy New Year! Brian

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