Some may call me cheap, thrifty, frugal, or even boring. I define myself as FINANCIALLY AWARE! Do you know where your money is going? How much you’re spending on life’s necessities vs. its pleasures?
As you can probably imagine, I try to stay on top of my budget. Recently, I’ve been getting extremely tired of manually compiling my financial data into an Excel spreadsheet to track my net worth (call me old fashioned). I get frustrated with the tedium of imputing data from all of my different accounts. To add to the frustration, for some reason the numbers never seem to quite add up.
After speaking with some fellow co-workers about how they manage their finances, I found Mint.com. Mint.com is an ideal solution for managing all your accounts IN ONE PLACE. It is a secure site which pulls all of your financial data from your various accounts and organizes them together. Listed below are some of the benefits I found by using Mint.com:
- First of all, it’s FREE! Yep, you heard me, FREE!
- It automatically updates all of your accounts, which means no more tedious data entry!
- Everything is compiled into one account, no more jumping from account to account.
- It provides the ability to customize a personal budget.
- Mint.com offers personalized tips on how and where to save money.
- It also allows you to set financial goals and assists you with a plan on how to reach those goals.
Mint.com offers the capacity to manage the following accounts from various banks or sources simultaneously:
- Checking accounts
- Saving accounts
- Car loans
- Home loans
- Student loans
- Other loans
Here is how you get your budget started:
1. Visit Mint.com and create an account by providing a current email address, zip, and password.
2. Decide which accounts you want to manage and provide Mint.com with the online username and password to each specific account.
3. Mint.com will take a minute to upload all your data…..then BAM! you’re all set up. Pretty stinking easy!
4. Afterwords you can create a budget using Mint.com’s recommendations.
Take this first step to get financially aware. Create a budget. Manage it by utilizing convenient resources. Live by it. Once you do, you won’t cringe at the idea of budgeting, nor at the word “cheap”!
This has been a guest post by Braydn from Pleasant Grove, UT
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