Mint is one of the most popular apps on the market for people that struggle financially. This mobile and desktop financial friend can help you set money goals, save for a new home, and show you where your money goes from month-to-month.
If you’re curious about the service, yourself, then we have all the answers you seek.
We will walk you through what it is, what it does, and how you can use it to start saving for the future. This tool is fast, easy, and free to use.
We here at MyZeroDebt highly recommend using this free service for your financial needs, you won’t regret it.
What is Mint
Mint is an online resource that helps you track your financials. You simply create an account, enter your banking information, and the service tracks what you spend your money on. It also auto-creates budgets for every category that you can later adjust.
What Does Mint Do
Tracking your spending is just the tip of the iceberg. The service wants you to take advantage of this information by setting up goals. You can invest for the future and change your spending habits for the better.
It can be pretty humbling to see that most of your money goes to entertainment. When you have it all in front of you, it’s easy to make a few simple changes.
You’ll also receive alerts so you never go over your budget.
How to Use Mint
You’ll start by setting up your initial budget. You should go a few weeks on the initial budget you’re given and then make changes from there.
After you have your set budget and you’re comfortable, it’s time to start making some goals. You can use the Goals tab to choose between a few preset goals (buying a home, saving for a car, saving for a wedding, etc.).
Even if your goal is to save for a few months without working, Mint can help you out. The service adjusts your new budget to reflect all your goals and shows you if it’s possible.
Once you get comfortable with your goals, you can move on to investing in stocks.
Before you know it, you’ll be set for retirement. Mint just makes it simple to create a budget that’s tailor-made for your financial situation. Like we said, it’s free to sign up so there’s no real reason to delay. It even comes with a slew of other benefits that we didn’t have time to get into:
• Track and Pay Bills
• Free Credit Score
• Credit Advice
• Custom Categorization
Check out Mint today.
