Mint Is Closing: What Happened and How to Find a New Budgeting App (2024)

The world of budgeting and personal finance is all abuzz with the news: Mint is shutting down this year.

If you’re currently a budgeter with Mint, we know you’ve got lots of questions. Many of them probably start with, what the heck? (or something stronger). Let’s answer at least two of those: What happened and what should you do about it?

What’s Happening to Mint?

The Mint budgeting app started up in 2006 and was bought out by the Intuit family of products in 2009. That means they’re related to TurboTax, QuickBooks, Mailchimp and Credit Karma.

Mint recently announced: “Reimagining Mint as part of Intuit Credit Karma will expand our capabilities,” which is them trying to put a positive spin on the fact that they’re shutting down their budgeting app capabilities—and Mint budgeters won’t be able to access their budgeting accounts or continue budgeting starting on March 23, 2024.1

What Is Mint Offering Current Mint Budgeters?

At this time, Mint is encouraging all their budgeters to move their accounts over to Credit Karma—one of those companies we listed above that’s part of the Intuit crew. They say you’ll be able to continue seeing your financial accounts in one place along with your transactions, plus some other benefits. And you won’t lose all the data you’ve been storing in your Mint account over the years.2

But (and this is a huge but)—Credit Karma will not offer actual budgeting.

Also, this Intuit family has a history of using customer data to generate leads and push debt products. (Looking at you, TurboTax.)

Frustrated is a mild word for what you’re feeling right now.

What Budgeting App Should You Use Now?

Mint users, the doors are closing on your budget in March. So, what do you do?

First of all—don’t wait for the doors to close. Then you’ll be scrambling when you should be hustling.

Get yourself a new budgeting app. Today. Start budgeting these last months of the year in that new app so you can enjoy your holidays and start your new year off right.

But what budgeting app should you use? EveryDollar. And here’s why.

EveryDollar is the best free budgeting app on the market—with premium features that help users budget their absolute best. It was created by Ramsey Solutions, who’s been helping people make their money goals a reality—with a budget—for over 30 years.

Customer-focused, EveryDollar is constantly improving the budgeting experience (with more than 30 updates already this year) on top of its already awesome features, including:

  • Customization so you can add or delete whatever budget lines you need month to month.
  • Unlimited budget categories and lines so you can get as detailed as you want.
  • Secure bank connectivity so your transactions stream into your budget.
  • Paycheck planning so you can set up your budget based on when expenses are dueandwhen you get paid. (Which is great for irregular income!)
  • Goal setting for the big, small and everything in between—plus the ability to see a timeline of when you’ll hit big-picture goals.
  • Customer support with actual, live human beings.
  • Live Q&As with trained financial coaches.

While we’ll improve the app to better help you save money, get out of debt, and build lasting wealth, here’s what won’t change: We’ll never sell your data or shove credit card ads down your throat.

And, from the words of our own CEO, Dave Ramsey: “At Ramsey Solutions, we’ve been helping millions of people budget for over 30 years—and we have the best budgeting app out there. Budgeting is in the DNA of this place. This is my life work. We aren’t for sale, and we aren’t going anywhere.”

We aren’t going anywhere.

Start budgeting with EveryDollar today!

And we want to help you. Listen, it seriously sucks that you and four million other budgeters will be hung out to dry come March. But don’t quit budgeting because your budgeting app quit you.

Right now we’re offering two free months of the premium version of EveryDollar so you can start with our best features right way. Don’t move your account to Credit Karma—they literally don’t have what you’re looking for. And don’t wait until the clock strikes midnight on this year.

Get this deal.

“At Ramsey Solutions, we’ve been helping millions of people budget for over 30 years—and we have the best budgeting app out there. Budgeting is in the DNA of this place. This is my life work. We aren’t for sale, and we aren’t going anywhere.”

— Dave Ramsey

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About the author

Ramsey

Ramsey Solutions has been committed to helping people regain control of their money, build wealth, grow their leadership skills, and enhance their lives through personal development since 1992. Millions of people have used our financial advice through 22 books (including 12 national bestsellers) published by Ramsey Press, as well as two syndicated radio shows and 10 podcasts, which have over 17 million weekly listeners. Learn More.

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Mint Is Closing: What Happened and How to Find a New Budgeting App (2024)

FAQs

Mint Is Closing: What Happened and How to Find a New Budgeting App? ›

Mint will go offline March 23, 2024.

What is replacing the Mint app? ›

We tested half a dozen budgeting apps for you to consider now that Intuit has shut down Mint.
  • Quicken Simplifi. The best Mint alternative overall. ...
  • Monarch Money. The best Mint alternative (runner-up) ...
  • Copilot Money. The best up-and-comer. ...
  • NerdWallet. The best free budgeting app. ...
  • YNAB. Also tested. ...
  • PocketGuard. Also tested.
Jun 11, 2024

What to use after Mint shuts down? ›

Intuit is asking Mint users to move to Credit Karma, one of the company's other personal-finance platforms. On Credit Karma, you will still be able to view your bank accounts, transaction history, spending, cash flow, and net worth.

What happens when Mint shuts down? ›

According to its parent company, Intuit, Mint wasn't making enough money, so Intuit began the app's closure in January. On March 23, Mint users will no longer be able to access their account data, which could include over a decade of their spending and financial history.

What budgeting app should I use now that Mint is gone? ›

8 Mint replacements
Budgeting AppCostLinks to accounts
Rocket MoneyFreeYes
YNAB$99 a year or $14.99 a month and free for the first 34 daysYes
Monarch$14.99 a month or $99 a yearYes
GoodbudgetFreeNo
4 more rows

Is there a better option than Mint? ›

Monarch is better than Mint ever was. Mint would consistently have trouble importing data from several of my accounts. Every month or two, I'd need to reconnect my accounts to Mint. Those same accounts stay linked up in Monarch.

Why did Intuit close Mint? ›

The reason for closing down the Mint app is the supposed consolidation of Intuit's personal finance products and to prioritize their focus on Credit Karma, which has more features and functions than Mint. However, some key features that made Mint what it is are said not to be available in Credit Karma, like budgeting.

How do you update Mint? ›

Upgrade the operating system

In the Update Manager, click on the Refresh button to check for any new version of mintupdate or mint-upgrade-info. If there are updates for these packages, apply them. Launch the System Upgrade by clicking on “Edit->Upgrade to Linux Mint 21.3 Virginia”.

What does Mint stand for in money? ›

What is Money Minting? Money minting refers to the process of producing coins. A mint refers to a manufacturing facility that produces coins that are used as a nation's currency. National currencies are generally minted by a country's central bank or through an independent mint with authorization from the central bank.

Why is Mint being discontinued? ›

Monarch's chief executive and co-founder, Val Agostino, said that it did not make sense for Intuit to continue to invest in both Mint and Credit Karma given the significant cost of running data-aggregation and personal finance apps. “Mint has always been a money loser,” Mr.

What will happen to Mint customers? ›

The Mint app will shut down on Jan. 1, 2024, and users are encouraged to migrate over to Credit Karma, according to a company spokesperson. Mint users will be notified both in the app or by email when they can move their account data to Credit Karma as part of a phased rollout, the company says.

How do I get my Mint back? ›

Cutting back

This will encourage fresh shoots, packed with delicious young leaves that you can start harvesting in a few weeks. Mint naturally dies back over winter, so remove the old, faded stems before new shoots start to sprout in spring.

What is replacing intuit Mint? ›

But on March 23, the popular app shut down, leaving millions of people in need of a new budgeting tool. Intuit -- the company that owned and operated Mint -- encouraged people to switch to Credit Karma, which it acquired in 2020. But Credit Karma only lets you view your latest transactions and monthly spending.

What is Mint replacement? ›

While I think Rocket Money is the best Mint alternative, you might be happier with PocketGuard or one of the apps that work a little differently.

Is Mint still working in 2024? ›

The Mint budgeting app officially shut down on March 23, 2024, and users can no longer access their data on the app. Intuit®, which owns Mint and other personal finance platforms like QuickBooks® and TurboTax®, suggested users migrate to Credit Karma, which it also owns.

What is the best software to replace Mint? ›

Mint alternatives: Comparison
AppCostFree trial
Rocket MoneyFree version Premium: $4-$12 per month or $48-$60 a year7 days
YNAB$14.99 per month or $99 per year34 days
Monarch$14.99 per month or $99.99 per year7 days
PocketGuardFree version Premium: $7.99 per month or $34.99 per year Lifetime: $79.997 days for Plus
6 more rows
6 days ago

What will happen to the Mint app? ›

Mint will go offline March 23, 2024.

But that's far from the only option. Budgeting apps are a great way to get a grip on your finances. Typically, they link to your banking, credit card and investment accounts and can track your purchases and show you how close you are to reaching your savings goals.

Why is Intuit getting rid of Mint? ›

The reason for closing down the Mint app is the supposed consolidation of Intuit's personal finance products and to prioritize their focus on Credit Karma, which has more features and functions than Mint. However, some key features that made Mint what it is are said not to be available in Credit Karma, like budgeting.

What is the alternative to Mint net worth? ›

1. Monarch Money. Like Mint, Monarch Money gives you a holistic view of your finances. You can link all of your financial accounts, including bank accounts, credit cards, investment accounts, and loans, so you can see your net worth all in one place.

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