A big part about saving money is about being able to manage money. While some people are naturals at it, managing money can be a complicated process. Fortunately, Mint.com offers free web-based personal finance services to help keep an eye on your money and make sure it’s being handled efficiently.
Mint.com takes all of your bank, credit card, investments and loan transactions and balance information and puts it all into one solid interface. Mint has also recently established secure connections to download transactions from nearly any bank, credit card company, or credit union with online banking abilities so they can have real-time up-to-date information on your finances. From there, Mint.com offers a wide range of tools to help manage your money.
Mint.com can auto-categorize your spending habits to help you see where your money is being spent, then they can help you create a specific budget or savings plan based on this data. There is also a variety of tools that weigh your spending and savings needs to make recommendations on where you should do your banking and investing. Mint.com can also make recommendations on what credit cards or auto insurance plans would suit your needs the best.
The best part is, Mint.com is totally free. For revenue, Mint.com uses lead generation by recommending highly personalized financial products to its users. This way you know your financial information is secure. For all of those out there that want to be better at managing their money (and we all could be better at it), Mint.com provides the tools we need to make sure we’re doing it right.