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What happened to Mint?

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Re: What happened to Mint?

#171

Post by WorldMaker »

chrisan wrote: post #83
roywiggins wrote: post #52

Earlier quoted context omitted.

Mint never really lost its soul. It always seemed like it was going to try and upsell me on stuff, but that was fine by me because I'm not in the market for new credit cards or whatever. But I guess that's part of the problem, and they're just not making much money off referrals and therefore can't be bothered to improve the product? The problem for me with Mint is that it just... stopped getting any updates, and the…

> And it's all in Flash! I think they moved away from Flash, I see svg now for charts

They moved the "Trending" section charts to something SVG based. The "Investment" section charts throws up a "You need Flash error" and now blocks you from navigating to other "Investment" section information even if you just wanted to look at the tables rather than graphs, making the entire "Investment" section a broken window.

Re: What happened to Mint?

#172

Post by throw_14JAS »

throwaway122378 wrote: post #156

I was a big user of Mint for years, loved it. Then one day I realized they are aggregating all of my valuable data for nothing in return in terms value added product. So I left.

I'm confused as to why you loved it, if it added no value. Do you mean that you emotionally loved using it, but on an actual examination, realized it didn't help you manage your money?

my experience: I felt like I was a Responsible Adult when I used it, but didn't actually budget any better.

Re: What happened to Mint?

#173

Post by Shebanator »

lotsofpulp wrote: post #121
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 The core functionality is indispensable, but it's become so outdated, inefficient, and difficult to use that I'm champing at the bit to jump ship.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…

Bank of America does it for free: https://www.bankofamerica.com/online-banking/mobile-and-onli... I run all of my spending through BoA credit cards / checking accounts, and they automatically categorize 99% of transactions and there's a nice little report of the last 12 months. It also incorporates Merrill data, and you can add other companies' logins to so BoA can import those transactions too, but I'm not a fan of…

Its not just BofA - Amex does a great job of classifying your transactions and giving you monthly and yearly reports on your spending. Other banks with "premium" credit cards do similar things.

Re: What happened to Mint?

#174

Post by dharmab »

wpietri wrote: post #96
djstein wrote: post #92

Just going to post a great alternative that people over at http://reddit.com/r/financialindependence/ recommend Personal Capital http://personalcapital.com/ I've been using it for about 4 years now. Best money management system I've used in a long time

Could you say what's good about it for you? Like task-management software, I think the "money management" category hides a lot of variation in how people think about and do things. The right product for one person is definitely the wrong product for another.

I switched because Personal Capital has much nicer UI and tools for understanding your investments. As my income increased over my career I found that budgeting was becoming the least complex part of my financial life compared to managing retirement, brokerage, stock grants, etc. funds.

Re: What happened to Mint?

#175

Post by sct202 »

kevstev wrote: post #116
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…

Maybe I am just wired differently, but every budgeting program is just annoying at best. I get "scolded" because I went over my $40 clothing budget budget because I bought a coat or a suit, or took advantage of a sale. I don't buy clothes one pair of socks at a time per month, I take advantage of good sales and every few years I need a suit. One way to potentially solve this is to "roll over" any excess from month to…

I condensed most of my budget categories just to check if my total monthly spending is normal bounds and nothing unusual is happening.

Re: What happened to Mint?

#176

Post by chrisamiller »

LaserToy wrote: post #54

It broke. I have 2 BoA accounts and some time ago it made 1 of them inactive and I just couldn’t make them both work. The one I re add becomes the one Mint sees and another one becomes inactive. It also miscalculated cash flow. Graph shows negative when in reality it is positive. I guess it is a price to pay for acquisition.

FWIW, I have this same BoA issue and have been trying for months to escalate it to someone who can actually do something about it. It's frustrating, to say the least.

Re: What happened to Mint?

#177

Post by lotsofpulp »

Shebanator wrote: post #173
lotsofpulp wrote: post #121

Earlier quoted context omitted.

Bank of America does it for free: https://www.bankofamerica.com/online-banking/mobile-and-onli... I run all of my spending through BoA credit cards / checking accounts, and they automatically categorize 99% of transactions and there's a nice little report of the last 12 months. It also incorporates Merrill data, and you can add other companies' logins to so BoA can import those transactions too, but I'm not a fan of…

Its not just BofA - Amex does a great job of classifying your transactions and giving you monthly and yearly reports on your spending. Other banks with "premium" credit cards do similar things.

I'm sure many do, others in the thread have noted USAA and PNC. Doesn't seem like a hard thing to implement.

Re: What happened to Mint?

#178

Post by novalis78 »

sciurus wrote: post #97
djstein wrote: post #92

Just going to post a great alternative that people over at http://reddit.com/r/financialindependence/ recommend Personal Capital http://personalcapital.com/ I've been using it for about 4 years now. Best money management system I've used in a long time

I switched to Personal Capital last year after I became frustrated with Mint's stagnation, and it's a dramatic improvement.

Personal Capital does a really good job in squeezing out analytics from your Cashflow. Great tool.

Re: What happened to Mint?

#179

Post by pb7 »

ancorevard wrote: post #70

I'm currently trying out Copilot ( https://apps.apple.com/us/app/copilot-smart-budgets-bills/id... ) Love the fact that it is a paid app, so my data will not be monetized as a revenue model. Happy to pay for privacy.

Thanks for the suggestion, I'm going to check it out. With that said, just because it's a paid app doesn't mean they can't also sell your information as an additional revenue stream.

Edit: Looks like it's been said already.

Re: What happened to Mint?

#180

Post by dangus »

ASinclair wrote: post #135
sshumaker wrote: post #57

Earlier quoted context omitted.

This space is really difficult to crack for a few non-obvious reasons. The first is that the total TAM is less than you think; for most people, tracking their spending to manage budgets just doesn’t appeal to them. For many consumers, just seeing all of their finances is incredibly depressing. I suspect the 13mm Mint users are a large portion of the addressable market for this kind of product. So without a strong mon…

> I think you could run a reasonable lifestyle business here if you don’t take VC, but I’m skeptical this can ever be truly mass-market. You Need a Budget (YNAB) is proof of this. I don't believe they've taken any VC funding and are a pretty successful lifestyle business in the Budgeting/Finance space.

They’re great, but they aren’t super quick with features and I wish the product had more, especially when it comes to the graphical reports.

It’s also an expensive product for most people. But we do need more of these sustainable low-growth non-VC style SaaS companies out there.

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