Kevin lives in Cleveland, Ohio with his wife and four kids. She has worked as a personal finance editor, writer, and content strategist covering banking, credit cards, insurance and investing. As a small business owner and former financial advisor, Daphne has first-hand experience with the challenges individuals face in making smart financial choices. Select Region. United States. United Kingdom. Kevin Payne, Daphne Foreman. Contributor, Editor. Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations.
Mint and Your Budget Mint is a free budgeting app that allows you to connect all of your financial accounts in one digital space so you get a high-level overview of your financial health. Security Security is of the utmost priority for Mint and its parent company, Intuit. Pricing Mint is free for everyone to use.
Other App Tools Mint is not an investing app, but it allows you to view and track your investments. Distinguishing Features Mint gives account holders free access to their credit score and credit monitoring tools. Mint is an entirely free app. There is no charge to use any of the features that make up Mint. Was this article helpful? Share your feedback. Send feedback to the editorial team.
Rate this Article. Thank You for your feedback! Something went wrong. Please try again later. It is also available on Google Play for Android. If you're new to budgeting apps or tired of paying for the one you currently use, Mint is the best free option for you.
Users have access to all the typical budgeting app features, plus credit monitoring, customized alerts and educational tools to coach them along the way. Instead of using traditional budgeting buckets, users allocate every dollar they earn to something known as the "zero-based budgeting system" where no dollar goes unaccounted for.
Learn more: 5 tips on what to look for when choosing a budgeting app. To determine which budgeting apps offer the best user experience, CNBC Select analyzed over a dozen apps offered by the top companies in this market and looked at their pricing, features, user reviews and ratings. We narrowed down our ranking by only considering apps that sync transactions from users' bank accounts, come with low or no cost to sign up, are easy to use and can be accessed on multiple devices so are accessible and compatible for most.
The five apps we selected for this ranking are either free, offer a free version or have a free trial for users to test out before signing up. All of the apps in our round-up have a sizable number of user reviews and high ratings. Each app on this list has at least 1, reviews in both the App Store for iOS and on Google Play for Android , as well as a rating over 4 stars out of 5 on both platforms.
Other factors we looked at included apps' security features, user customization and educational tools offered. Skip Navigation. Follow Select. Upon an individual signing up for a credit card through Mint, the company receives revenue. The referral service is utilized when a user requests opportunities or alternatives.
For instance, an individual may select to view alternative credit card opportunities and how they compare to their current position. Alternatively, an individual may investigate alternative banking opportunities to search for higher interest rates and lower banking fees. Mint provides users with referral links that contain information on these services. Upon the customer clicking the referral link and completing an offer, the link earns revenue.
Mint also generates revenue through the sale and distribution of aggregate consumer data. Mint has continual real-time access to valuable data relating to consumer trends. The company monetizes its unique position through the aggregation and distribution of data. This aggregate data is compiled by combining collective transactions across numerous individuals and obfuscating unique identifiers.
In this manner, all individual information is removed and a pool of data remains. Though Mint does aggregate and sell consumer data, it anonymizes and pools the data to protect user privacy.
As with other startups, Mint has faced a number of challenges related to competition and growth over the years. The company fared tremendously well early on, as evidenced by its history of fundraising in its early years. While Mint enjoys substantial name recognition and a strong user base at this point, there are always up-and-coming services looking to draw users away. For instance, when Mint announced plans to shutter its bill pay service, rival personal finance service Prism refocused its marketing to indicate that it continued to offer users this option.
Intuit Mint. American Banker. Best Company. Intuit Mint Help. Prism By Bill Go. Prism Is Here To Stay. Company Profiles. Here are the 7 best Mint alternatives worth considering.
Personal Capital can easily replace Mint. Once linked, the dashboard gives you a complete snapshot of your money. For those focused primarily on budgeting, Tiller Money is the best Mint alternative on our list. Along with Personal Capital, I use Tiller every single day.
There is, however, a bit of a learning curve. In short, Tiller enables you to connect your bank accounts, credit cards and even investment accounts to a Google Sheet or Excel. It then gives you templates and tools to do everything from create a budget to track your spending to save for retirement. The more I use Tiller the more I appreciate the simplicity and ease of use. To get an idea of how it works, check out this video I created. You get a day free trial. If you have a lot of data in Mint, CountAbout may be the budgeting tool for you.
It has a feature enabling you to import data from Mint. In fact, you can import your entire Mint history into CountAbout. It does enable you to download transactions from your bank and customize both income and expense categories. You can save receipt images and attach them to the appropriate expense if record keeping is important.
For the features you get, the cost is very reasonable. It uses automation to help you better manage your money.
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