Mint - Managing My Finances

September 20th, 2007

 

Mint 

Is Mint right for me? Mint won the TechCrunch40, and I certainly would love to have better control over my finances… Quicken & MS Money just take too much effort.

Mint looks cool - check out Scoble’s video for a quick overview.

There are a few problems I have though…

  1. The obvious - they have my secret information.  That makes me a bit nervous.
  2. The not so obvious - the service is free.  Sounds good, but wait a sec… how do they plan to make money?  Will they be providing me the best advice when suggesting cost savings? From their site,  “Mint identifies products having the best price or interest rate.”  … or the highest bidder?  Also, one’s purchase stream has a very high value.  Will this be in jeopardy?

I am gonna give Mint a go… Aaron Patzer, the CEO, seems genuine and the product’s value prop looks really good.  Mint has a great personality!  It looks like Aaron went out in old-school entrepreneur style and built an elegant thingie that solved a real pain that he was having.  That’s cool!

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