Author: Pens Brown
We all know that being our very own personal accountant can be exhausting. But as a more connected and online world is emerging, technologies such as Mint enable many of us to have a laid-out picture of their finances.
Mint is a free personal finance app that brings user finances all in one place. Budgets, balances, and financial goals are all included. And just recently, Mint made an update.
Mint Update
Mint users have probably noticed a few changes in their app already. These new additions bring elements of the web version to mobile. The features include personalized Mint sights, an advanced month-over-month view of spending, net worth, and subscription monitoring.
Breaking down the new features, the users get to:
- Batch editing of transaction labels
- Viewing and compare of monthly spending with the previous
- Periodic subscriptions alert, and whenever prices go up
Although these changes may seem small, Mint is continually updating its interface to keep up with other apps and online banks. Additionally, Intuit is beginning to integrate Mint with TurboTax. This integration is highly evident in Mint’s ability to track this year’s tax refund.
It is also part of Mint’s goal to stay relevant, especially since competitors are starting to spring even outside of banking and finance.
Benefits of using Mint as Your Accountant
The application essentially lets users see their working budget at a glance. Not only does it help in paying bills on time, but also aids users in saving for big-ticket items and in monitoring credit scores.
Through Mint, users can experience:
- Cash flow monitoring. The app helps in tracking budgets, expenses, subscriptions, and transactions. It also shows the users’ net worth and overall spending trends.
- Better Budgeting. Users can access a budgeting feature that provides tips on saving towards
- and advice a particular goal.
- Bill-tracking. The added tracker allows for easy expenses management. Users can then keep tabs on their debts.
Luckily, the app interface is user-friendly.
How to Use Mint?
Download the app and create an account with a valid email address and password. Then, synchronize all your financial accounts for proper review and valuation.
Once your accounts are connected to the app, Mint will provide you with an overview of your finances.
After that, you will be asked to develop a budget. However, the Mint proposed one but you are at liberty to adjust it to your preference.
Wrapping Up
Mint provides several ways to manage and create a budget. It is a simple yet informative take on finances that gives room for better handling of money.
For users to experience all the latest updates from Mint, they simply need to download the newest version of the app.