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What happened to Mint?

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Re: What happened to Mint?

#71

Post by eddyg »

tusharsoni wrote: post #47

After struggling with Mint and YNAB for a while, I figured that I didn't really want to budget. I was tired of categorizing and setting up $20 budgets. I ended up with a simpler methodology which is basically a MUCH simpler version of YNAB. It worked really well and I've stuck with this for a while now. Just a few weeks ago, my partner and I launched Funded [0] that follows this method. Would love to get feedback fro…

Looks good, but it's free. Care to offer any insight on how you plan to monetize your app and make it sustainable?

Re: What happened to Mint?

#72

Post by eddyg »

diehunde wrote: post #12

An (non-free) alternative is https://copilot.money/ I did the trial and looks pretty solid and modern.

Their subscription-based model that says "no hidden fees, gated features, or ads" seems like the right model for an app like this. Will check it out.

Re: What happened to Mint?

#73

Post by 0xffff2 »

sschueller wrote: post #55

Off Topic, most of the services mentioned here use Plaid to connect to banks. This means that Plaid (now Visa) has full access to your entire banking history. Combined with credit card data they know almost everything you purchase. I find that fact quite unsettling.

I'm actually a bit less unsettled now that Plaid is part of Visa. I use my credit card for 99.9% of purchases, so Visa already knew almost everything I purchased. Now I can use Plaid without giving yet another company data about myself. I'm still deeply uncomfortable with typing my banking credentials into anything other than my bank's website though.

Re: What happened to Mint?

#74

Post by dbbk »

koboll wrote: post #53
Ozzie_osman wrote: post #29

Co-founder of a (yet to be launched) Mint competitor here [1]. One pattern I think we all see over and over again is when products get bought by a large company, they often lose their "soul" (and the original team). Both those things happened with Mint. Another important pattern I've seen is that products, in the long-term, morph to take the form of their revenue model. Many personal finance products are free, but ma…

I gotta say, a Mint-that-doesn't-suck is something I could absolutely see myself paying $5 a month for, for the rest of my life. The core functionality is indispensable, but it's become so outdated, inefficient, and difficult to use that I'm champing at the bit to jump ship. I'm surprised it's taken this long for a serious competitor to emerge, given that it's been saturated with ads for at least half a decade and Pl…

Lots of these exist. I pay for PocketSmith.

Re: What happened to Mint?

#75

Post by illegalsmile »

eegilbert wrote: post #56
koboll wrote: post #53

Earlier quoted context omitted.

I gotta say, a Mint-that-doesn't-suck is something I could absolutely see myself paying $5 a month for, for the rest of my life. The core functionality is indispensable, but it's become so outdated, inefficient, and difficult to use that I'm champing at the bit to jump ship. I'm surprised it's taken this long for a serious competitor to emerge, given that it's been saturated with ads for at least half a decade and Pl…

That's You Need A Budget, which I love paying for.

I'm still on v4, it works great and I had to pay for it once. I know the model is subscriptions these days and $7/mo ($84/annual purchase) really is nothing in the big picture but it still bugs me. Looking through their release notes it doesn't appear that there has been major improvements in the budgeting aspect of the software. If you've used v4 is it worth it?

Re: What happened to Mint?

#76

Post by joelrunyon »

Ozzie_osman wrote: post #29

Co-founder of a (yet to be launched) Mint competitor here [1]. One pattern I think we all see over and over again is when products get bought by a large company, they often lose their "soul" (and the original team). Both those things happened with Mint. Another important pattern I've seen is that products, in the long-term, morph to take the form of their revenue model. Many personal finance products are free, but ma…

I did an 'onboarding' with you guys. Really wanted to like the app, but stills seems very early in the ideation phase.

When are you going to have a beta out?

Re: What happened to Mint?

#77

Post by illegalsmile »

benplumley wrote: post #43
orev wrote: post #32

I had been using PocketMoney for a very long time, but it was recently destroyed by the company that acquired it. Seriously looking into GNUCash to try to avoid that kind of thing in the future. Using an online service for financial tracking seems crazy to me, given the data free-for-all that is going on now.

I've been using YNAB4 for about 5 years, when it eventually stops working I'm planning to move to Eqonomize[1] - it's GPL so should avoid your concern, but isn't quite as drastic a jump as GNUCash, and it's cross-platform too. [1] http://eqonomize.github.io/

Same. YNAB4 has been great, I have no issues with it and their changelog indicates that nothing radical with regards to budgeting has been implemented since. Any idea if you'll be able to move YNAB data over to Eqonomize!?

Re: What happened to Mint?

#78

Post by jfkw »

I've never understood what motivated financial institutions to grant Mint access to account transactions and balances? Did pre-acquisition Mint somehow reach a tipping point in active users where financial institutions decided their customers would choose other banks if theirs wasn't accessible through Mint?

Are there other competing tools that have similar reach connecting to financial institution accounts?

Re: What happened to Mint?

#79

Post by josefresco »

tguedes wrote: post #69
josefresco wrote: post #60

I've used Mint for years. It started as a cool tool to track you transactions. It then turned into a tool to sell me credit cards. The transaction logging never got "smarter". Example: I use a credit card for everyday purchases and then pay it off each month. Mint counted every transaction AND my payment at debits therefore each month it showed I was spending double. Despite my efforts to train Mint to stop this, it…

Idk why it didn't work for you but I have both my bank account and credit card on mint and like you I pay it off fully each month. Each transaction on my credit card shows on my budget. When I pay off my credit card, a transaction shows up on the credit card side, say +$1000, I put this is Credit Card Payment. Since I have my bank account also in Mint, another transaction of -$1000 comes my bank account and I put thi…

Yeah I have no clue. I performed those same steps but it never seemed to reflect on the budgets and income/debt reports. I've tried a half a dozen times to sort these and other issues out, and I've simply given up.

Re: What happened to Mint?

#80

Post by 0xffff2 »

alistairSH wrote: post #67

I haven't used Mint, so I went to take a look... Am I missing something, or is Mint asking me to hand over the credentials to all my other financial accounts? That strikes me a horrendously awful idea.

Yes they are and yes it is, but every other budgeting tool is going to ask for the same.
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