I bet everyone has some new years’ money resolutions on their list, right Bellos and Bellas? I’m used to seeing these following money resolutions on goals lists:
Pay down debt
Increase my net worth
Track my spending
Spend less on junk
Save eight months of salary
Well I have a great tool to help you achieve all of these on day one of 2011! It’s called Mint.com. It’s the old Quicken.com and I’ve been using it religiously since I found Quicken.com. And the best part of this program is that it is FREE!
You add all of your bank accounts, investments, credit cards, loans, assets and mortgages and it tracks all of your spending, budgets, net worth and investment returns. What fun! You can add accounts from different banks, business and personal, and it even tracks my US Bank accounts for when I spend the winter down here. All in once place!
Mint.com is available as an iPhone App!
Mint.com has an amazing app that is password protected and allows me to scan all of my cash, credit cards, budget and net worth on the first page. You can scan your last transactions from any of your accounts, check credit card balances, and feel safe a check has gone through. If I had to do those things with all my accounts I would have to check with four separate companies. Instead it takes two touches on my iPhone.
Every transaction that goes through any account or card gets categorized by Mint as best as it can. If it doesn’t recognze someting it will keep it uncategorized and wait for you to assign it a category. While waiting for someone at a mall (my mom) I’m able to categorize my transactions with a big smile.
It Helps Me Love My Money More
Mint also flags you when a big payment has gone in or out of one of your accounts and when an account has a low balance. I had a friend coming to visit me in LA last month and Mint emailed me that I had a low balance in my US Bank Checking account. It flagged that a big check had come out early, so I was able to transfer more funds before the weekend. I would have never known that the check had come out early and I could have been out money.
Budgets Galore and More!
Another great plus for Mint is that it gives you great freedom to set budgets for the month. You can set them and it tracks how much you have spent for the month on all of your budgets on the very first page of the iPhone app. If you click on it it shows how all of your budgets are tracking. If you do happen to go over (and I know none of my money loving readers would go over) it will send you an email letting you know.
Mint also sends weekly updates to your email account to let you know how much you’ve spent the following week. It includes your net worth which comes in so very handy to keep you motivated to keep saving and making more money! Can I get a whoop whoop for making more money?
Keep loving your money with amazing tools like Mint.com and it’ll love you back with accomplished 2011 resolutions!