Sunday, July 04, 2010

Mint - Counting money made easy

I have a mild streak of obsessive compulsion in me....manifesting in an inane urge to prevent accumulation of pennies and counting the number of lamp post in a pier. 

So imagine my pleasure when I discovered mint.com last year.  The site is free to access and allows one to aggregate all the financial data automatically.  I could get all the credit card transaction details uploaded in one place.  My bank balance and salary credits could be viewed and compared against the expenses to draw up the net income.

I could also analyze the trends to see where I am spending more.  The site also gives suggestions on credit cards and CD options - though I have hardly used them. 

I did read a few articles that voiced mild concerns over the security risk that one is subjected to by placing all the financial data in one place - hopefully, Intuit - they own mint.com now - is big enough and secure enough.  Time will tell..meanwhile, the obsessive compuslive me is more than happy to see my pennies stacked up neatly by them.