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Wednesday, May 18, 2011

Working on a Budget?




We are always talking about how to save money while shopping or how to save up for something, that's why you're here isn't it? Well one of the ways I keep track of my money is by using Mint.com. I have been using Mint for over a year now, and I think it really helps.

Basically this site keeps track of all your accounts for you, and lets you know where you stand financially. There are a few things you should know

  • The site is totally free!
  • You create an account here- then link all of your accounts to it ( it is completely secure)
    • Connect your credit card accounts
    • Connect your bank accounts-checking and savings
    • Connect your loans
    • Connect your investments( IRAs, 401Ks
    • Add your home and car as well
  • Then you can look at different categories to see where you stand and what Mint recommends
    • Cash versus Credit Card Debt
    • Look at your Budget that Mint has come up with for you
    • How you are doing with your pre-set goals
    • You can also see the ways that Mint suggests for you to save money in different categories.

You will get a weekly email letting you know where you stand financially, your bank and credit card accounts update automatically so Mint always knows where you stand. If there is a problem with any accounts you will get an alert email as well.


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