These comments are a bit old and I know the article was written a while ago, but Stephen asked for an iPhone app .. I just used the Mint iPhone app yesterday. They listen! Bravo Mint and bravo Aaron Patzer!

what if OTP becomes the rule fir any given country ?

Dave

I have to agree though that my banks are doing a god job of reporting my financials already.

I had an article on my blog about mint at http://www.techforlunch.com

For example, if you look at the SpendSpace report, it will let you compare your spending on food and dining to the average in, say, Toledo, but it won’t let you see a trend of your overall spending across all categories. Very frequently, it gives me reports with obscure information that I don’t need, but fails to give me simple information that I do need.

I find this site frustrating, the original concept had such promise. But I haven’t been able to get any value from it. I am pretty close to giving up on it.

Also, as an aside, in my view they aren’t making good business decisions. They recently added mortgage functionality. How frequently are people going to refi because Mint told them they can save money doing it? It seems like a very limited/finite revenue stream. Despite the fact that they have access to my daily spending patterns, they have yet to offer me a single coupon or deal that was remotely useful. I am surprised they haven’t broadened their offers. If you think about it as a media business, they are attracting a ’saver/frugal’ demographic, you’d think they would accept any adds/offers that would be useful/attractive to that broad demographic.

Will they go the ” we will refund your money, pay your credit monitoring service for 5 years, and use crazy sharks with laser beams attached to their heads to go after the perpetrators” route?

Or will they just go the “ooops, my bad” route?

It’s been a smooth ride as I’ve been using it for about 5 months or so. They keep expanding their features and improving the interface. The voice of the company from their forums, blogs and even Aaron’s appearance in these discussions has assured me of their credibility to handle my secure financial information. Personally, I trust them.

However, my mortgage lender, Provident Funding didn’t show up on their lender list and I was waiting for this feature. Hmm…

I was using Quicken for this stuff for about 6 months. It was cool, but not ha ha cool. Then I bought a new computer and nothing transferred over and my backups would not restore. Basically, all of my fine tuning on what category I wanted everything to be in and all of my several months worth of data were lost. I had to start over, or pay more money for an upgrade to get the backups to work on a new computer.

I figured, if I’m starting over anyway, I might as well give Mint a try. I am soooo happy that I did. Mint blows Quicken out of the water!!! It’s so much easier to use and has a much cooler interface. And it’s totally free! And I can access the data from any computer, not just my home computer where I had Quicken installed. Which for me is a total bonus.

The new loan feature is what I have been waiting for. Unfortunately I went from a net worth of greater then 0 to a net worth well under 0. My car and house sunk me.

The trending data is AWESOME. I love to see where I have spent my money.
What we measure is what we strive for.