Mint, the refreshing Money Management Tool!
Wednesday, September 19th, 2007Mint has officially been released and the interface looks fantastic!
I got the eMail that Mint went live and so I set up an account last night. It was pretty easy, I had KeePassX create a password [16 character is the highest Mint supports], the account setup took less than a minute. I really like the interface, it is clean, smooth, and very slick. My only trouble came when I tried to add accounts. I don’t fault Mint, I figure that with all the other people checking it out, the system was probably being slowed down. Now this morning, I had no trouble at all, I was able to add four accounts rather quickly. I do recommend that you get ALL of your account login information together before you begin.
The Mint Overview Section provides a very nice high level view of your accounts including Total Cash [account list], Cash vs. Debt, Alerts, Spending Trends, and Your Ways to Save. One nice feature is that almost every thing is clickable and leads to more in depth information. The team made good use colors to separate, define, and add value to the information displayed. There are several [eMail] Alert features - for bank fees, large deposits, large purchases, and low balances. These alerts can also be delivered via SMS to your mobile phone. While some find this type of feature valuable, to me it is like more spam, since I am in my accounts two or three times a day.
The next section [or tab] is Transactions. This tab show all of your transactions at once, but you can switch to a specific account and then search that account. It allows for some customization a labeling feature, a categorize feature, and a notes section for each transaction. When you highlight a transaction it will display the last three months of spending associated with that merchant.
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