Comments on: Mint.com review of new features

By: Marguerite

Marguerite — Sat, 10 Dec 2011 15:40:48 +0000

All I want is a calculating spreadsheet to show the money I spend on a daily basis and show income as it comes in. I want to enter daily and see the total for each category on any given day. I want to be able to customize the categories. Does such a thing exsist. I’m to the point that I would even be willing to pay for it. ‘OPEN OFFICE’ will not download on my computer as I use dial-up and it takes too many hours. Any suggestions?

By: JanB

JanB — Tue, 07 Jun 2011 01:21:01 +0000

Frankly, I am a bit afraid of this service. I did sign up once and fill in my info, but the idea that my username and passwords were all in there was just too much for my paranoid mind to take. What if someone working there decided to break that encryption and just take some Benjamins? I can’t deal with that.

However, if a person was not afraid of being ripped off, the presentation is good and I liked the layout.

For now, for me, I am going to keep on as I have been, making spreadsheets and keeping my own documents.

By: Matt Bell

Matt Bell — Tue, 12 Apr 2011 13:47:18 +0000

Jim – You’re right, it does require that you provide your bank and credit card account info. The company says, and I believe them, that they use the same level of security banks use for their online customers. However, it’s not worth using the service if you’re not comfortable with it. I’ve always believed that budgeting is not a one-size-fits-all sort of thing. There are a variety of ways to set up and use a budget — software, envelopes, Excel, paper & pencil. Finding the one that works best for you is one of the keys to success.

By: Jim Scott

Jim Scott — Mon, 11 Apr 2011 19:43:17 +0000

Well Mint sounds good but doesnt it require you to give them all your account information and it keeps track of your on-going activity? I am still not comfortable with anything that uses my informaiton like this. With other programs you can download the information and import independantly. Ive been in IT long enough to know I dont like the on-going “automatic” approach. Hopefully I am incorrect and these features exist without my knowledge.

By: Bob

Bob — Tue, 27 Jul 2010 19:45:27 +0000

Lindsay – could that just be an issue with your bank, or do you know that all banks do that as well?

By: Lindsay Hout

Lindsay Hout — Tue, 27 Jul 2010 19:37:38 +0000

I used Mint.com for a few months. I agree that the software is easy to use and very helpful with budgeting. However, it’s not actual FREE. If you do not call your bank/financial institution to request them to stop automatically updating transactions (which is what makes it so helpful), then you get hit with a 5.95 fee from YOUR bank…not Mint.com. However, Mint.com fails to advertise this at all. Unfortunately, my fiance and myself did not read the fine print and got slapped with about 18.00 in fees per month between all of our accounts. Once actually overdrew one of our bank accounts! So…even though I still think it is a great software to use…do not be fooled into thinking it’s actually FREE.

By: Mike Byers

Mike Byers — Thu, 01 Apr 2010 19:28:38 +0000

I have a question about the security of this service. As a free service, I fear that unscrupulous types may flock to the site as an opportunity to hack into thousands of bank accounts. Does Mint have measures in place to guanrantee that this free-flowing mass of private information is secure?

By: Doug Wilson

Doug Wilson — Fri, 01 Jan 2010 16:39:57 +0000

I love mint.com except for one problem. It is VERY slow to add additional financial institutions. It allows you to request the addition of a bank that it currently doesn’t support, but after making that request, you can wait months and months without the bank being added and without any information from mint.com on whether it is making an attempt to add that bank. In my case, this means that my primary bank, where I do my daily banking, is not included in the spending or income information shown on my mint.com account. This is a huge downside to using mint.com.

By: The Happy Rock

The Happy Rock — Fri, 04 Sep 2009 13:03:32 +0000

I have been meaning to sign up for Mint for months. I am excited about there responsiveness and how far they have come in a short period.

I am really tired of Quicken, which is the main driver.

The only thing missing is cash transactions other the and the ability to input your own transactions.

By: Lanel Taylor

Lanel Taylor — Wed, 02 Sep 2009 21:09:15 +0000

Hmmm…I might have to give them another try. I was using but there were so many things missing in what I needed that I left and went back to using only Quicken which isn’t perfect either. These sound like great upgrades, though. Might give me reason to try it again.

Thanks for the review!