Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

What happened to Mint?

fastcompany.com

Post reply on HN
Print view View original

31–40 of 456 posts

Re: What happened to Mint?

#31

Post by zepto »

PascLeRasc wrote: post #25
decasia wrote: post #4

It sounds like the answer is pretty straightforward — Mint was acquired and then semi-abandoned for want of providing sufficient revenue/having a sufficiently profitable business model. The question in my mind is: What is the matter with global banking institutions such that this has to be a third party service instead of a service that a well-organized banking consortium could provide to its clients? I would totally…

Simple, like the other commenter mentioned, is by far the best bank-provided budgeting software, and it's not even close with the others. However, their entire philosophy is based around only using their debit card. I love them, but if you'd prefer to use a credit card, Wealthfront and SoFi offer similar less-powerful tools to track different accounts, predict savings, break up savings, and categorize transactions.

Simple blew it when they removed check mailing and then lied about the reason.

Re: What happened to Mint?

#32

Post by orev »

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.

Re: What happened to Mint?

#34

Post by epage »

I feel like Mint has reverted in functionality. It used to be that I rarely corrected and auto-categorization and now I feel like I do it with 1out out of 10 line items.

The Flash issue is also terrible.

For more challenging but important features

- With companies like Amazon, a purchase can span multiple categories. While fraught with privacy issues, an innovation in this space would be to work with payment providers to capture more information, like receipt line items. If an amazon purchase could be split into my groceries vs media, that'd be amazing.

- I feel like Mint's budgeting misses the mark and is useless to me. While literal categorizations can be useful for digging into the data, it isn't how I budget. For example, "fun" money could come from several literal categories.

Re: What happened to Mint?

#35

Post by jogjayr »

tictacttoe wrote: post #21

Realized I can download my transaction info into csv format and build my own financial analysis in python without handing over my data. It’s pretty easy to do 90% of what you want, e.g. breakdown expenses by type.

I would like this, but in Excel or Google Sheets. Realized my CSV exports don't go as far back as Mint does though :-(

Re: What happened to Mint?

#36

Post by cryptozeus »

To me nothing much has happened to mint. It is fine and it always could be much much better but this article does not make much sense. Who cares if its flash, it does the job like before. It still has issue categorizing some of the transactions but it works.

Mind for personally has been a game changer. It helped me take control of all my finances.

Re: What happened to Mint?

#37

Post by Raphmedia »

Mint used to be ahead of most banks. Nowadays, a lot of banks have budgeting tools built-in. My use of Mint slowly faded away as my bank's software became better. Now, I don't use Mint anymore.

Re: What happened to Mint?

#38

Post by pxlpshr »

I use Personal Capital and love it. It's just better when you have a variety of 15+ assets and supports things like Carta. Admittedly, it's been a long time since I used Mint but I now need a much broader view. I don't really care about my individual transactions; I'm more focused on turning a different set of knobs at this point in life.

My biggest complaint about Personal Capital is the frequent phone calls from their financial advisors despite asking them to stop. I'd be happy to pay $10+ a month just for their aggregation services but my private bank is leaps ahead in terms of sophistication and access to alternative investments not typically available to the public.

Re: What happened to Mint?

#39

Post by godtoldmetodoit »

awicz wrote: post #13

I switched to https://ynab.com a while back. It's not exactly the same concept as what Mint was intended to be, but I couldn't be happier with the move.

I've been using it for about two months now, and while it takes a little getting used to, it is so much more powerful for actually getting a handle on your finances. Highly recommend.

I finally feel like I have a solid handle on my budget, Mint never gave that to me.

Post reply on HN