Our nation is in the midst of the largest financial bail out of Wall Street in history. We as tax payers are going to have to collectively pay out almost three quarters of a trillion dollars due to bad real estate loans and greedy heads of major banks. We are now going to have to look after our finances with a fine tooth comb. Every one of our hard earned dollars has to be stretched to the limit.
Keeping track of our finances has become a major factor with the way our economy has faltered. Mint.com is and online money management service that allows you to see all of your online accounts under one umbrella. Whether you have a savings account, credit card or even tracking the balance on some of your investments you can do it all with Mint.com
Mint.com helps me keep track of my three savings accounts, two checking accounts, three PayPal accounts, two credit unions and one investment account. It gives me an interactive pie chart view of all my spending habits. Mint.com also gives me advice on how I can make more money buy analyzing my current bank accounts and making suggestions on others that will give me a higher interest rate of return.
Mint.com takes just five minutes to set up. All you need is the user name and passwords of your online accounts. Security is really not an issue because Mint uses 128-bit SSL encryption to ensure that all communications between your browser and our Web site are secure. You also can’t make any transaction through Mint.com you can only view your account information.
One of the best things about Mint.com is it will send you email or mobile alerts reminding you of various financial matters that go on with your accounts. You can set them on anything from your bank account balance going below a certain amount to your interest rate changing to whether you have exceeded your budgeted spending limits.
Mint.com does all of this and more for free. Yes, Free! I don’t know about you but I love all things of value that are free or just about free. So if you are in anyway concerned about where your money is being spent and saved you don’t have any reason for not signing up for an account right now.
Saving money is crucial in these trying times. Mint.com lets you see where you are spending most of your money and then gives you to tools to keep more of it in your possession.
All the best