Friday, September 21, 2012

Web Site Pick of the Week: Mint by Elizabeth Kolles* (Guest contributor)



Web Site:     Mint     (https://www.mint.com)


REASON:
Wouldn’t it be nice to actually see all your accounts in one place, set financial goals, have a budget, and find the best ways to save all in one place?  Fortunately, there is actually a Web site that offers all this and more. The best part: It's FREE!  

As stressed before in How to Save Money While Going to College , higher education is expensive and paying for financial advice is the last thing broke college students need. Mint.com actually provides you with the virtual tools needed to be financially savvy. 

Upon registering for Mint.com, you must simply provide your banking username and password.  Be sure to use a secure internet connection (while the site is secured and encrypted, your connection may not be). Within minutes your whole financial profile is displayed before you: your cash, credit cards, loans, investments, property, upcoming bills, etc.  You can view all your previous transactions, create a budget, and set financial goals for your future… all things necessary for students to keep track of.  

Another benefit is the “Trends” tab, which includes extremely helpful charts and graphs that illustrate your expenditures overtime, so you can see where your money goes. In addition, the web site actually sends automatic reminder alerts to your mobile phone or email, which can be useful for those individuals who must pay their rent, utility expenses, cell phone bill, car payment, etc.  


TRY ME:  Go to www.mint.com and sign up for FREE.  Make a budget, chart your spending, and see where your money goes.

Leave us a comment and let us know if you see any interesting spending trends!

 * Elizabeth Kolles is an undergraduate student with UK Department of Family Sciences

 

References

"What is Mint?" (2012). Mint.com. Intuit Inc. Retrieved September 2012, from  https://www.mint.com/what-is-mint/.

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