Mint.com Is Closing--Here Are The 5 Best Alternatives
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- Опубліковано 26 жов 2023
- Mint.com was the first online budgeting tool I ever used. It was awesome. You could connect all of your accounts and see your entire financial picture in one place. Now it's closing and migrating users to Credit Karma of all places.
Frankly, there are better financial tracking apps that passed Mint a long time ago. Here are 5 of the best Mint alternatives for those who don't want to move to Credit Karma:
Empower: go.robberger.com/empower/yt-d...
Tiller: go.doughroller.net/tiller/yt-...
Simplifi: go.doughroller.net/simplifi/y...
Monarch Money: go.doughroller.net/monarch-mo...
Quicken: go.doughroller.net/quicken/yt...
0.00: Mint Alternatives
1:38: Empower
3:03: Tiller
5:18: Simplifi
6:27: Monarch Money
7:31: Quicken
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I think it's a shame that Mint is closing down. These alternatives are good, but in my opinion, they don't beat Mint because some of these that can be compared to Mint, have a subscription cost that needs to be taken into consideration. Mint being what it was while also being free, was really good.
I would pay for mint. Why not do that instead of closing it. A dollar or 2a month is fine
@@ainsleydacres the company that brought mint want you to go into debt so they can make more money. Credit karma love to push you to get loan.
@@ainsleydacres Credit Karma will actively push a loan and say “hey, here a loan you pre-qualify for” They don’t want you to have a budget.
@@ainsleydacresits crazy because Mint is owned by Inuit a publicly traded company. I'm going to assume that it must not be making them enough money to keep the software. Very sad 😞
@@ROCBOYZGURLZ yeah, that's probably the case because they're migrating everybody's information to credit karma which means some way or the other being in debts is more profitable I'm guessing
I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalized segment of economic and financial news. Thank you for your efforts to be the signal and not the noise. I understand that the economy is currently in a downturn and that we must wait for things to get better
As hard as it may sound you can plan for the recession. If you are working, find extra work and get an Invest--advisor. Protect your deposits by having enough cash in short term fixed income. Then cut your expenses. Minimal insurance, cut utilities.
I think the current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Even if you have a humongous income you still need to draw up futuristic plans because anything can happen. One could lose one's job or whatever. Investment cannot be overemphasized. About your advisor, how does one reach pls
My CFA ’Margaret Johnson Arndt’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I am devastated. I've been with Mint for at least 15 years. I have my systems in place, my categories set up for just how I want them. Nooo. I can't believe i have to start over. I'm not excited about trying to make Empower work, even though I'm already in their ecosystem for retirement purposes - it seems so bare bones. And while it will track your expenses and break them down, it doesn't seem like you can set up a budget. Ughhhhhhhhhh. Also, how did I not hear about this until now? I definitely didn't get any notice from Mint!
me too. so far from my looking for an alternative Monarch looks like it might be the best.. at least for transitioning as well. he didnt really go over a lot of details on it.. looks like it was created by one of the original founders of Mint so that would give me hope that it has most of the same features or will. I think they just came out of Beta not long ago. but they also have built good looking import systems to transfer everything over from mint, confirming or re-mapping your categories etc. They have a video on their site about moving things over and it looks like it might not be too painful. They are also giving 50% off the first year to lure people making the switch but even then I'm not yet sure if I wanna pay.. but anything good at this point is probably gonna charge
@@ourwalkstogether Definitely looking at Monarch myself too.
Mint connected great with US and Canadian bank accounts even if located in Canada... Apple Card works, US and Canadian investments, banks, credit cards, you name it worked! So I'm hoping it will too overtime with Monarch plus on their webpage they have a waitlist for launching in Canada.
I agree. I just saw it on the banner of the website this am.
I read about Moneydance. Have you tried that?
me too. 10 years of data in Mint lost. Crédit Karma tricks you into buying stuff. I regret transferring my data
Hi DoughRoller! It’s so great to discover you on youtube! I watched you on your podcast and learn so much. I’m so happy you’re on Yt now!!! Thank you for all the great content! Hope you’re doing well!!!!
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.
As with an my big financial decision, it’s important to keep your guard’s up for economic risks. However, smart planning, time management and seeking advise from a financial adviser can help keep you and your money safe
yes i agree and right now the markets are going berserk right now. This is the best time to watch them, get to know them better, and strike when the opportunity presents itself. I learned that from my mentor, ‘’’Catherine Morrison Evans' 'she's seen dozens of market cycles over the past few decades, and she has a feel for how they move, why they move, and what comes next.
Catherine really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
Thank you for this. I really appreciate it
I need a simple budget system. Mint was it...the budget tab with color coded green, yellow, red with custom monthly, quarterly, or whatever time period goals was super good plus "roll over" option for things that aren't monthly but more one month less the next month, etc...does any system out there have that budget with category simplicity that Mint has?????? Help!!
The copilot budgeting app does
when i heard mint was shutting down i panicked but it was nice to see a familiar face (Rob Berger) show up as one of the top results
Been using Quicken since 1989 in the old DOS format. Wow, 34 years and still happy with it.
Yup, 😊 in the year of our lord 2023. With paying with phone. If you want to be financially responsible you have to use an excel spreadsheet.
New ish quicken user here , The desktop app is feature rich though a bit clunky. The mobile app needs a lot of work.
Ya but it’s not automatic and tied to your phone
I've been using Quicken for 30 years. I have tracked everything in it. Bank accounts, investments, debt, (back when I had debt) and even the value of my condo.
My only complaint is that it no longer memorizes transactions automatically, you have to initiate it.
I still use Quicken 2012 on my laptop everyday. Love it! It's the last update that was sold on an installation CD, so I can use it on any device.
Couple of additional thoughts:
1. Empower does not allow you to create detailed budgets. Its takes your spending and just groups all that
2. Simplifi does not allow for "rollover" budgeting. This is where the amount under or over budget from prior periods is accounted for in future periods. This is necessary for budgeting where things are not fixed (i.e. entertainment; electric bill)
3. Detailed budgeting is not moving to Credit Karma. Non-starter
DANG. Have you found something with detailed rollover budgeting?
I have been searching and trying out many the past week...nothing has the simple user friendly design with color coded green, yellow, red bars with total month, year to date and easy adjusting of goals plus like you said, the rollover ability. I can't find anything that comes close to what Mint did. I just want auto downloads of savings, checking, credit cards and customizable categories with variable time periods so I can track how I am doing at any particular time. Geez...it is so hard to make something that does that without all the confusing unnecessary crap. Still looking...
I use EveryDollar
@@skibum914 I’ve been underwhelmed by Monarch. It will do what you had in Mint (green, yellow, red) just in a bit different manner. But Monarch overall lacks the reporting I want. Like I cannot find a simple spending chart month over month. For $100/yr I would want more from reporting. Next week I am, going to evaluate Quicken, the full version
@@ybarsabal Monarch Money will do rollover budgeting. But I’ve been underwhelmed with it’s over reporting
This made me mad when I heard Mint was closing down. Why? Sell it to somebody else. I heard Credit Karma won't have a way to set budgets and categorize spending like Mint does. I won't be using Credit Karma if that's the case.
Yeah or start charging us for Mint. I probably would have paid.
Nice, short no water description, thanks
Can Treasuries be tracked through Treasury Direct linking in any of these apps?
Just a reminder if you are not paying for the app, you are the product.
sad truth is, even if you pay for the product u still end up as the product.
I paid for mint
Respectfully disagree in applying that mantra here.
I'd rather see ads than pay for a budget app. No need to mindlessly give money via subscriptions if you can afford the extra time to manually insert transactions.
@@AdAstraCompany doesn't sound like you are disagreeing at all. I never said one is better than the other, only if they aren't charging you then you are the product being sold, in your scenario to advertisers (your Ad ID is associated with all of your online activity across apps and sites and browsers)
@@AdAstraCompany I think the "you are the product" sentiment holds true with Empower, given the reported attempts to regularly sell you something based on your data. That said, I can withstand ads with the best of 'em :-)
Great video thank you.
Thanks for the update we use mint and didn’t know this.
No problem 👍
I still have seen nothing on Mint alluding to this
I just found out from a blog. If you go in the app toward the bottom where it talks about their Blog and updates...that is where they say that Jan 1 they are closing.
They sent out an email to their premium subscription paying users. They have sent 0 notices to their free users.@@raymiller764
For those of us who aren’t super tech savvy, how do we know which are the safest apps to allow access to our accounts? I know Mint is considered as safe as they come, but what’s the industry “gold standard” for security?
Thank you! This was helpful! We have a year (to the end of 2024) to move our Mint info. I'm considering YNAB & maybe Pocketguard - I'd love to get your feedback on these in comparison to the 5 you presented.
hello, i think you have only until the end of march 2024 .
What do you think of Bantivity? Which one of the 5 softwares that you suggested has reporting capabilities?
What about Fidelity Full View?
For those of us who used Mint for many years, do any of the replacement products you mentioned (or others) have a way to import our historic Mint data? I've used Mint since 2010. I'd like to find a replacement product that allows me to import all that data, so I can see reporting/tracking of my finances all the way back to 2010. Thank you!
Let me mention that on the Monarch webpage they say they are launching in Canada soon, there's a waitlist going on there. That's useful because it means that they would probably commit to making most, if not all, bank and investments account compatible (which was working good enough with Mint, what a shame)
I was wondering why I couldn't find some of the mentioned apps, it's Canada and it's not available. :(
Crying shame been with mint since 2010 I am going to miss the trends section and net income section I have not cried so hard since Microsoft money closed I was down and out when I stumbled across mint we fell in love now I am a lost soul out in the desert kicking rocks so much data gone why why?😢
Make sure you download all your data from mint. You may not be able to upload it to whatever new tool you choose, but at least you can view it in excel
@@anniemilakovic7683 I use Mint, but I won't worry about downloading all my data. I'm just going to start fresh with another services.
I loved Microsoft money. My bank stopped communicating with them and I moved to mint.
@@Lynndra80 yeah. How is anybody using MS money? It doesn't download transactions anymore i thought
I went down the same road with MS Money and now Mint. I knew this day would come. I love Mint for everything it does outside of the budget part. Not sure what option I am going to move to now.
I like your keyboard - care to share where to get it ? thanks.
So sad mint is closing down 😢
Have used mint for 10 years… my favorite thing is being able to add tags. Do any of these allow you to customize your transaction with tags?
YNAB does! Tags which can be names by you and it also supports hashtags (for searchability)
Quicken does
Tiller does.
quicken simplifi does
Do any of these automatically populate credit card due dates and statement balances on a calendar. That's honestly half of what I use Mint for.
Same! I haven’t seen this in any other app besides Mint 😢
I looked into several of these, Monarch is the closest to Mint for the calendar view if you can stomach $100/year
YNAB (You Need a Budget) deals with credit cards better than any app I’ve seen. Whenever you spend money from one of your categories where you have money available, it takes the money out of the category and moves it to a credit card payment category. So at any given time I can just look at my credit card category and see what I should be paying on my credit card (which I do every couple of weeks or so). YNAB doesn’t automatically track cc due dates, but you could set up a recurring transaction for your due dates. It takes a little getting used to, but I find credit cards so easy now, never a source of worry.
The monarch calendar looks promising.
Quicken desktop has a calendar feature. Quicken desktop syncs with a cloud file that then allows you to use the Quicken mobile app or a Quicken web app. (But the mobile app does not show the calendar, you have to look at the desktop version to see your finances on a calendar.) (I don't the features of the web app.)
No mention of YNAB?
Full View from Fidelity is just fine for my needs
Have you tried clear checkbook?
I made this switch and you can't create a budget like in Mint, but you can monitor your spending.
How do you sign up for empower ???
Would fidelity fullview be an option ?
I was checking this out and it looks like a good free option
I was trying out full view last night but was disappointed that it can't connect to a lot of investing apps, like robinhood and webull, and for some reason didn't work correctly with interactive brokers which has been around a really long time. Mint was one of the only ones back in 2013 that could connect to them properly which is why was using it. Otherwise it seemed okay for just looking at aggregate cc and bank transactions, I liked that it would create rules for transaction I categorized so that it would get it right next time, but there wasn't a way to define a custom transaction category unfortunately.
yes, that was where I ended up at. It's the best of the free options (assuming you have an account with them it's a no brainer)
As far as I can tell, empower only allows you to set a monthly overall spending budget. I can't find any way to set budgets for different spending categories which is how I used mint.
Hoping to hear the answer to this
I don't believe there's a way to set budgets like mint.
Monarch is the best app I've found so far but unfortunately it's pain ($50/year)
If I would prefer NOT to connect my bank accounts, is there any app that allows me to download my own transaction data and paste in? Thanks for your video!!
YNAB will let you import your data. Its subscription as well though.
Thank you!
Im looking to do away with my computer and just using my iPad or iPhone. I am looking for an app to download that will allow me to print reports especially for year end taxes. Any ideas so I can get rid of my computer.
THANK YOU!!!!!!
Is there a budgeting app that has settings to ping your phone when a transaction hits whichever account was used, asking you to confirm the budget category it should go in?
quicken simplifi does. you can get a push noti
I'm looking for a service that will track all my transactions and give a yearly report that I can publish.
sounds like you're saying Mint is entirely web based. That sucks.
That the reason I never upgraded out of Quicken 2013. Why should I rent when I can own?
Lots of other options. Neontra and Monarch are both great.
Tried Monarch, Neontra, Copilot and YNAB so far. For me Neontra is hands down the best one.
Funny how phone directions do not show more than a few blocks well and the budget apps mostly do not have calendars.
Still using MS Money since 1998.
Ditto
how?@@rdawson64
I loved Microsoft money, and wish they had never gotten rid of it
Bring back Microsoft Money. LOL😂
Please let this happen!!
Who says it ever went away? :)
I found out that MS offered something like Tiller as an add on to Excel, but closed it after little interest. Of course I didn't find out about it until just about the time they shut it down. Still using Money Sunset for day to day regular account transactions. I hope it keeps working.
I used MS Money for many years. Would still be using except my current PC does not have a CD reader, so cannot install. I switched to Mint. Now I have to switch again.
@@deanreynolds1427 USB cdrom drives are very cheap. I’d get one and go back to MS Money.
Is there any app that would allow receipt scanning as well?
Monarch does
My credit cards migrated but not the bank accounts.
Say it isn't so? Mint.com was the first one I ever used.
Me, too. The sad thing is they haven't done much with it for a long time.
Did you say quicken was 239 a month? I think you mean year.
Looks like Simplifi is a Quicken company.
Do these apps allow one to link to European banks?
Will any of these import your Mint data?
Monarch let me import a CSV. I have not seen how it looks yet.
Any Canadian suggestions? YNAB?
I’m in Canada and LOVE YNAB. See my separate general comment on YNAB.
tossing in a coin for YNAB works good for me
Too expensive and limited features
YNAB is a paid service now.@@majorgear1021
Glad I went with YNAB over Mint. LOVE YNAB
@@majorgear1021there are far more budget features in YNAB than in mint, so for folks looking to replace the budgeting functionality of mint YNAB is a great choice. It is not a total financial tracker. IMO, none of the total financial trackers have sufficient budgeting capabilities, except mint.
@@majorgear1021what are the limitations?
tiller have app? i do tons on my phone
Nope. This was a non starter for me. I want to be able to refresh from my phone anywhere in the world. And Tiller won't do that w/o a full browser.
Yes I agree. We RV most of the time and I don't break out my laptop unless I really need it once a week to see a bigger picture. My morning routine is to check to see if any fraudulent charges have shown up on my account and I deal with them or any overspending I need to watch on. What did you end up using? Did you try simplify?
@@MrHardrockI have tried Simplifi and it appears like it'll work well enough, I have one bank w/ a credit union, so refreshes are typically an issue w/ their MFA, which I need to test over more time. Monarch is the other solution that I've tested that appears to have the best features/interface/reporting. Simplify is simple and also has the core functionality desired, but weak reporting and UI imo. The budgeting is clunky but manageable, it's change and inferior to Monarch imo. But definitely cheaper.
My budgeting app is excel
What are your thoughts on YNAB?
What's your take on Rocket Money?
I use empower, monarch, rocket money, SoFi and mint.
I like empower since I went with them as financial advisor so I keep using it. I started with monarch after seeing notice about mint. I really like monarch. I find it first more than rocket money. I won't be renewing rocket money.
So right now I got rid of mint. Will get rid of rocket money.. leaving me with three.
SoFi because I left Bank of America.. it has issues with some accounts being linked but that is now resolved. And it's my credit card, my bank, my hysa, Roth account, brokerage account and aggregator.. but no real budgeting.
Empower has budgeting but it never got my attention.
Monarch has aggregation, budget.. more insights to what is going on..
So looks like I am stuck with three apps still
I hope one of these tools figures out how to intake old mint data. If I can transfer over my history somewhere, I'm sold. That's what I'm most bummed about
Same.
Monarch does
@@SamsonWedding yeah found that feature on monarch a couple days ago. There was some pain recategorizing transactions but I'm mostly set up and I think I like it! The cash flow section seems more helpful then anything I was using on mint.
@@SamsonWeddingit states it does but if you have years of Mint data it’s a nightmare to import. I ran through my 7 day trial just trying to get data imported. And yes, I did thousands of data imports as part of my IT career.
What about Rocket Money??
ROM Spaceknight!
NerdWallet?
Empower it is!
Get ready for spam calls from empower wanting to actively manage your investments for a hefty fee.
I just wanna see all my assets in one place. I already use YNAB to budget
Likewise. Let met know if you find a Mint replacement for tracking assets!
I’m trying YNAB but find it confusing and labor intensive.
I use YNAB to budget and empower for total assets/liabilities. I like their retirement planner and the little emergency fund recommendation tool.
Why?!
Empower!
What about everydollar by Ramsey?
no open source options on your list, disappointing
Monarch uses Plaid which continues to refuse to support Fidelity.
Good to know!
they should close down credit karma and keep mint. Credit Karma is useless
PocketGuard?
How about Dave Ramsey's Every Dollar. There's a free and a paid version.
I have never used Every Dollar but would interested to see how it compares to the others
I use it and like it for budgeting but it doesn’t show all assets in one place with the free version.
I use Every Dollar
Soooooo disappointed. Thank you for making this video!
Mint had by far the best mobile widgets. That’s unfortunate
Things haven’t been the same since Mint got bought out by credit karma. 🤦🏽♂️
Monarch isn’t compatible with Apple Card
Nothing is as far as I can tell. I think that’s an issue specific to Apple Card.
@@srconrad Mint works with Apple Card
That's my experience, too. Apple's privacy policies prevent you from connecting the card to account aggregators.
Apple doesn’t allow any aggregators to connect. None.
Apple sucks.
Money Copilot
I'm still so angryyyyyyyy ughhh
YNAB beats Monarch.
Credit karma suck! I have to deactivate, so sad.
I was an unexperienced stock trader and i lost over $30K when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $5k profits weekly. Thanks so much Mrs Belinda Owens
She's mostly on Telegrams app with the name below.
investwithowens💯,, that's it
For those wondering... the original post and all its replies are bots. This thread is spam.
SCAMMERS!!! Please look for a fee based financial advisor. Do not look to or trust UA-cam comments when it comes to financial advice or advisors.
Please stop with the big head effect. It makes your video unwatchable.
That $1.2mil flex tho 🦾😅✌️
PocketSmith
nantucket tee
I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalized segment of economic and financial news. Thank you for your efforts to be the signal and not the noise. I understand that the economy is currently in a downturn and that we must wait for things to get better
no open source options on your list, disappointing