Managing money well is more important than ever in today’s fast paced digital world.
Mint, an app by Intuit that helps you manage your money and make a budget, stands out in this field.
But does Mint live up to all the fuss? Since I’ve used the app for more than a year, I’ll give you a full review of its features, pros, cons, and regular use.
You’ll know if Mint is the right free money manager for you by the end of this review.
What is Mint App? How does it work?
Video Credit: Assets&Opportunity
To get a better idea of your financial health, Mint is a free app that helps you make a budget, keep track of your spending, and set financial goals.
It safely links to your bank accounts, credit cards, loans, and stocks to give you a single view of all your money matters.
The app is great for everyone, from people who are new to planning to people who have been saving for a long time.
Its main features are that it is easy to use and does a lot of the work for you.[1]
Key Features of the Mint App
1. Tools for Making Budgets
Mint sorts your transactions into groups for you instantly and lets you set spending limits for each group. For example, if you set aside $300 to spend on eating out and go over, Mint will let you know so you can keep your spending in check.
2. Reminders to pay bills
Mint’s bill tracker is one of its best tools. It sends you notes before your payments are due, so you never miss a payment. This function is great for keeping you from having to pay late fees.
3. Keeping an eye on your credit score
You can get your credit score and tips on how to improve it for free with Mint. Unlike some other apps, you don’t have to pay extra for this function.
4. Keeping track of investments
Mint gives you a big picture view of your investments, showing things like how well your stock is doing and how it is allocated. You shouldn’t use it instead of a specialized investment platform, but it’s great for keeping track of your net worth.
5. Options for customization
You can make your own spending categories, keep track of goals like paying off debt or saving for a vacation, and even set alarms to remind you to do certain money related things. [2]
Pros of the Mint app
- Free to Use: Mint is free to use; there are no secret costs.
- User Friendly Interface: It’s easy for people who aren’t very tech savvy because it’s clean and simple.
- Automation: Transactions are instantly put into groups, which cuts down on entry by hand.
- Comprehensive Financial Overview: It talks about many different areas of personal finance, from planning to credit scores.
- Safe: Mint uses bank level encryption and multiple forms of authentication to keep your info safe.
Cons of the Mint App
- Ads and offers: for credit cards and loans in the app, which can be annoying.
- Few Investment Tools: It keeps track of investments, but serious investors need more advanced research tools.
- Connectivity Problems: Some people say that sync issues happen from time to time.
My Own Experience with Mint
Before I started using Mint, I had a hard time keeping track of all my credit cards and college loans. Mint tamed this chaos by showing me all of my earnings at once.
The budgeting tool changed everything; it showed me where I was spending too much and helped me cut back. By simply following the app’s advice, I saved more than $2,000 in just six months.
But I didn’t like the ads, and the odd sync problems were annoying. Even with these small problems, Mint was very helpful in helping me reach my financial goals.
Best Websites for Productivity in 2025 to Boost Your Workflow
Is Mint safe?
Any app that deals with private financial information needs to put security first. Your information is safe with Mint because it uses 256 bit security and multi factor authentication. Mint was made by Intuit, which is known for its popular tax software, TurboTax. This makes the company even more trustworthy. Even though no system is 100% secure, Mint has strong security methods.
Who Should Use Mint?
Mint is great for:
- People who are new to budgeting: It’s easy for people who are new to handling their money because it has automated features.
- Busy Professionals: The app’s tips and insights help you save time and work.
- Anyone Seeking Financial Clarity: Mint gives you a full picture of your money if you want one.
On the other hand, if you’re an experienced investor looking for more in depth portfolio research, Personal Capital or another tool might be a better fit.
Apps Like Mint
If Mint doesn’t work for you, these are some famous alternatives:
- YNAB (You Need a Budget): This app focuses on proactive planning, but it costs $14.99 a month.
- PocketGuard: makes budgeting easier with a tool that shows you what’s left to spend.
- Personal Capital: Great for keeping track of investments and managing your net worth.
Case Study:
I’ve searched on different forums and got this user review. Reddit User (mapalm) said People who want or need a reliable method of tracking spending and creating budgets are going to be much better served by paying for that service. Mint is definitely not the platform to use for that. For more knowledge visit Reddit
Final Words
Mint is one of the best free apps for managing your money that is also easy to use.
It’s a complete answer for most users because it automates tasks, helps with budgeting, and checks credit.
Even though it’s not perfect, the pros are much greater than the cons, especially when you consider how little it costs.
I know that Mint has helped me reach my financial goals because it has helped me.
Mint can help you with your money whether you’re saving for a big buy, paying off debt, or just trying to keep track of your spending.
FAQs
Does the Mint app cost nothing?
No, Mint is not paid, but it does have ads for financial goods.
Can Mint help me raise my credit score?
It tells you your credit score and how to improve it, but it doesn’t change your score itself.
Can I use Mint in other countries?
Mint mostly helps financial companies in the United States and Canada.
Do I feel safe when I use Mint?
Mint uses bank level encryption and other safety steps to keep your information safe.
Source:
Gravier, E. (2024, January 2). The best free budgeting app for tracking your money. CNBC.
McClay, R. (2022, June 22). How to use Mint: Budget simply. Investopedia.