Now that Tax Day is behind us, it’s time to figure out what to do with your refund. And if you’re not expecting one, you now have time to fix those finances for next year.
There are many apps available to help you get organized with your budget. Nearly all the major banks offer mobile banking. But by far the most popular app -- at least, if you’re asking Twitter and Facebook -- is Mint. The company currently boasts more than 7 million users.
Mint is a free app that brings together financial accounts either online or through a mobile device. (In February, it became available on Android.)
“I heart Mint!” said Suzanne in Richmond, Va. “It's like having my own personal CFO. The pie-chart graphic that tracks spending in categories showed me I was spending enough on groceries to support a family of 10. Needless to say, Mint is a blessing and a curse. I've decided to reduce my grocery trips and stay in a budget, and that hurts! But at least I'm no longer wondering where my money goes every month.”
Upon signup, Mint automatically pulls your financial information and categorizes transactions. It shows users what’s happening in their accounts: checking, savings, investments, and retirement. I personally appreciate how Mint allows you to see what’s left in your budget for each category (food, gas, shopping, etc.).
To continue reading, visit this post on Social Media Clubhouse.