October 20, 2014 11:53 am

The Mint App Shows You Where All Your Money Is Going

Have you ever had the thought: “I really don’t know where all my money is going to”?

Yes, most of us do. Mint is an app that might help you giving you more insight in this issue.

How does it work?

You can create a Mint account in a matter of minutes and link all your personal accounts to it, with one safe and secure password. This way you can see all your spendings in one overview.

To make it even easier, Mint divides your spendings into several categories like “Restaurant”, “Groceries” and more, so you can see exactly where your money is going. It will also show how well your investments are going and where you can make your financial life a little easier by saving on some things.

You can link each and every account, so you won’t miss $1 you’re spending. Your retirement savings, college loan pay-off savings, anything!

The fun thing about Mint is that you can set personal goals and see progress.

For example, if your trying to save money to pay off your loan, just set that as a goal and you will see how much money you’ve saved for it and how much more you need.

You can even set budgets in any category, to prevent spending too much. Don’t want to spend more than $200 a month of clothes? Just put that in your Mint budget planner! Mint’s app will make it harder for you to spend frivolously if you can actually see your budget reaching the limit. At the end of your decided timeline, you’ll get a view of how much money you will have left at the end of the month or year.

With integrated alerts for bills, fees and spending more than planned - your financial life will be FINALLY organized - and you can save up!