Review of Mint the Mobile App
Do you find yourself struggling to balance your budget each month?
Well if so, don’t fret…
According to a recent article on CNN nearly 60% of American’s don’t have $500.00 dollars in their saving account, so you’re not alone!
But is this the company you want to keep?
Just because there are a lot of people out there who either aren’t earning enough money to support their monthly budget or are simply spending WAY too much money on non-essentials doesn’t mean that you need to do so as well!
Instead, you could…
Become a Money Saving Maverick and buck the trend! But where to start? What if you have no clue about how to save money or more importantly, where all your money is going! If this sounds like you, you may find the following article on Mint, the money managing app extremely helpful.
***SIDE NOTE FOR THOSE WHO ARE WONDERING***
We here at TermLife2Go have no affiliation with the MINT app, and do not benefit in any way if you choose to use their product or not.
We here at TermLife2Go are not financial experts or money managers. All we are is a bunch of life insurance agents who talk to people all day long about qualifying for life insurance.
And the one thing…
That most of these individuals will have in common is that most of them want to purchase a cheap life insurance policy so that they can use that money to protect the ones they love. Which is great!
The problem is…
That many of these same people, aren’t able to afford the life insurance that they need in order to insure that their loved ones are well protected.
This could be because…
They waited till they became too old to purchase their life insurance policy in which case it became to expensive or they waited until after they were diagnosed with a pre-existing medical condition which now makes them in eligible for the life insurance that they need.
But what if…
These same folks had employed better money saving strategies earlier on in life? What if they had enough in savings to protect their loved ones?
In cases like these…
Perhaps the price for the insurance wouldn’t seem too unmanageable or even better, perhaps they would no longer need the life insurance that they were pursuing!
Which brings us to why…
A life insurance company has decided to write an article about a money saving app called Mint.
To which our answer is simple…
Here at TermLife2Go our number one goal is to help improve the financial security of all of our clients, and if we can do that by having them buy a life insurance policy, GREAT!
But if not…
Why not encourage these same folks to also take control of their own financial future and improve their own situation on their own!
So without further ado…
Let’s dive right into our Mint app review. a money saving app that is offered by intuit.
Spoiler Alert: Mint, is currently listed on our Top 27 Mobile Apps to Help Save You Money article, so you can see where this article is headed, right?
Intuit Mint Review.
What is Mint the App?
Mint is a basic money manager app that allows you to do just about everything right from the convenience of your own phone. This includes managing all:
- Bank accounts,
- Credit Cards,
Basically, this app gives you an ongoing picture of your financial standing, all in one place.
You don’t have to open all your accounts in different apps and windows and try to calculate everything yourself. Mint does it all for you!
Who is behind Mint?
Have you ever heard of TurboTax®? Of course you have! Well, the same people who made TurboTax® are the same ones who own Mint. This really is telling! TurboTax® is a reliable program that has helped millions of people with their taxes every year. Additionally, since we are talking about your financial information, it’s nice to know that the company behind Mint is well known and well trusted!
Mint actually started out as a website-only service, Mint.com in 2007 by another guy, Aaron Patzer. It was sold to Intuit (the company that owns TurboTax®) in 2009 for a reported $170 million (So you know it must have been well developed!)
Where does that leave Mint today?
Mint has expanded under the ownership of Intuit to meet the demands of its existing customers and continues to grow with its mobile phone and tablet applications which is why its estimated that more than 20 million customers are now using Mint to help manage their afairs!
Pros of using Mint.
As we’re already mentioned, Mint is in good hands with financial experts who know the ins and outs of fintech. It’s no newbie on the block; Intuit is also a trusted name with invaluable experience offering great fintech products to everyday users.
Mint is also:
- Incredibly user-friendly, even for the financially illiterate.
- Helpful when it comes to saving money.
- Great for seeing all your finances in once place.
- And from what we can tell safe and secure (this is very important when it comes to managing finances online!)
Notable Features include:
Budgeting Made Easy: Using Mint you can set a budget for just about anything. If you’ve been using the app for a while before you set the budget, it can also use your past spending habits to recommend a budget for you.
Alerts: In case you want a reminder about certain things, you can set up alerts for Mint. Say you have a bill to pay – set up an alert. Or if you want to know when your account is starting to get low – set up an alert. These alerts are very helpful for anyone who wants to keep track of their finances.
And the reviews are in!
Mint’s Rating on the Google App Store: as of September 2017, the rating was 4.3.
More than 107,000 users gave it a 4 or 5 star rating.
Less than 12,000 users gave it a 1 or 2 star rating.
Potential drawbacks of using Mint to manage your finances.
This is a very automated app. For the majority of people, this is exactly why people choose to use it! You do not have to enter things manually or worry about possibly forgetting to do so.
For the few people who like to have total control over an app, automation may not be considered a positive point. For those very few people, Mint may not be the best choice for a financial planning app.
Why again, is TermLife2Go writing a review of Mint?
In case you skipped over our explanation on why we here at TermLife2Go are writing a review on Intuits Mint app, it’s because our number one goal is to help our clients secure their own financial security. We believe that life insurance is a great way to do that but (just in case you’d like to compare Term Life Insurance Quotes), so is managing your money well and living responsibly.
Will Intuit’s Mint App help you do this?
If used properly we think it will, but unless you’re really serious about managing your affairs, there’s no app or system or strategy out there that will help you unless you yourself are willing to put in the work!
What to know another great way to improve your monthly budget?
Save more money or make more money! It’s up to you but we’ve written article on both so feel free to check them out!
- How to Make Money Fast (Top 113 Best Ways to Earn a Quick Buck).
- Best Ways to Save Money (Top 55 Money Saving Tips).
Also, for a complete list of all the “App Saving” reviews we have written please visit our article: Top 20 Best Money Saving Apps in 2017.