Comments on: Mint: A money management tool that doesn’t suck

By: veer

veer — Wed, 04 Aug 2010 23:19:25 +0000

This is why money management is so important. No matter what system you use, you will eventually have a losing streak. Even professional poker players who make their living through poker go through horrible losing streaks, and yet they still end up profitable.

By: Michigan Lead Generation

Michigan Lead Generation — Tue, 05 May 2009 01:26:52 +0000

I have heard a lot of good things about Mint. However, I have to agree with the fraction that would not hand out their passwords. You never know how save it is or whether a “misstreated” employees gives out the data. So keep financial information to ourself.

By: Sammy

Sammy — Fri, 06 Jun 2008 06:43:06 +0000

In some ways, it’s like an evil version of Clearcheckbook.com, haha. Does all the same things, but Mint forces you to give up your passwords and makes money by offering you allegedly better deals. Clearcheckbook relies on donations for money.

By: Alex

Alex — Tue, 09 Oct 2007 17:07:01 +0000

I gotta say Mint sucks… Yodlee is sooo much better. More accounts, faster synching, and Mint uses Yodlee in the background anyway. Yodlee is faster and can track frequent flyer and hotel points/miles too!

By: Philip Foeckler

Philip Foeckler — Wed, 03 Oct 2007 12:13:42 +0000

I've been experimenting with mint for a while and must say that it is a very nicely designed web site with a fairly effortless and elegant user experience.

However, I'm also troubled about the security of this service. Let's keep in mind that you're (theoretically) giving access to all your financial data to an untested newbie. Although most banks now have safe-guards in addition to passwords, this cannot be said for all of them. So, if your passwords ever get stolen and abused, you're probably screwed.

Certainly the promise of a money aggregator is very attractive but they need to offer more hooks to make their service useful. After all, a money aggregator is really only valuable when you have multiple account types and providers. I for one, would also appreciate inclusion of some German banks.

By: Warp

Warp — Tue, 25 Sep 2007 17:37:40 +0000

I haven’t registered with Mint just yet, but I have in the past registered with Wesabe. I’m surprised it has yet to be mentioned, and I wonder how they compare.

I really enjoyed Wesabe, and felt secure in using it. I – however – did not automate any of the means by which my Wesabe account could be synched with my various banking accounts. This is perhaps why I: 1. Haven’t visited Wesabe lately and 2. Found updating everything to be tedious.

By: Greg

Greg — Fri, 21 Sep 2007 00:55:19 +0000

one question (i don't live in the US) Is it possible to make money transfert from your bank website, using the login access mint is asking you to give? I think i'll never give that kind of information to any third party company! I mean, they just need to be hacked one time, to see your bank account emptied no? Besides what will say your bank if this kind of stuff happen? I think no inssurance can cover that as there're probably small lines somewhere that say "if you disclose your access code, you're f##### we won't give you anything back, you moron!"

What do you think?

By: oncetherewasthisoldladywholivedinashow

oncetherewasthisoldladywholivedinashow — Thu, 20 Sep 2007 19:42:42 +0000

I’ve been waiting for a tool like this! Just like Gmail, it’s smart enough to categorize things for me. I gave up trying to use Quicken loooong ago because I could never keep up with the amount of constant and mostly pointless data entry it required.

By: Nick

Nick — Thu, 20 Sep 2007 17:12:50 +0000

Yeah, it seems their business model is "lead generation." So basically, they make referral fees on all the services that they recommend to you. Sounds shady. Are the recommendations really to the ones that best help the users save money? Or are they just the ones with the best referral rates.

Plus, they basically just use Yodlee for their back-end connection with the financial institutions. Why are they not making this more apparent?

For some reason it's hard for me to connect with this company. They're like the person who buys their way into the party. They have had an inordinate amount of hype despite the fact that so few people had used it. They must know the right people. I guess thats what 5 mil in VC money and brown nose will get you.

By: Sean

Sean — Thu, 20 Sep 2007 16:56:27 +0000

@Tyler: I think you’re right about the paid “suggestions.”