Still Mourning Mint? This Budgeting App Is Even Better (2024)

FAQs

What happened to Mint the budgeting app? ›

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. But that's far from the only option.

PocketGuard is another free budgeting solution that might make a good replacement for the now-shuttered Mint app. The app even offers the ability to import your history from Mint — making the transition to a new budgeting tool easier to navigate.

In less than two weeks, the budgeting app Mint — which once had 3.6 million active users, including me — will shut down forever. According to its parent company, Intuit, Mint wasn't making enough money, so Intuit began the app's closure in January.

Is Mint safe to use? Mint is a personal finance app that is safe to use. The company has safety features including multi-factor authentication and security scanning tools to keep your account and personal data safe. Mint is free to use and includes many useful features.

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.

Mint, a budgeting app acquired by Intuit in 2009, is shutting down as of Saturday, March 23, 2024. Mint shows users an overview of their financial well-being by displaying the current status of multiple linked accounts on one screen.

What is replacing the Mint app? Intuit, the company behind the Mint app, folded Mint users into another one of their products: Credit Karma. Many users decided to adopt new apps, like Empower and Monarch, rather than go to Credit Karma. Empower Personal Wealth, LLC (“EPW”) compensates Nj.com for new leads.

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 ...

Why did Mint fail? ›

The original personal finance dashboard, Mint.com's relatively meager ARPU of $2-$3 proved “they had the wrong business model”, said ex-Mint.com product manager and Monarch Money CEO Val Agostino—giving the product away for free and monetizing off referrals .

Monarch Money is one of the most feature-rich personal financial programs I've tested, with a cost of $99 per year. Pros: It's easy to set up and has powerful tools for analyzing finances and building a budget. Cons: It's one of the more expensive Mint alternatives I've tested.

Millions of users trust Mint with their information. That's because Mint uses the same 128-bit SSL encryption and physical security standards as your bank. Mint is also verified and monitored by online security experts at TRUSTe and VeriSign, among others.

Rocket Money offers optional paid features to unlock additional services within the app. Mint doesn't offer any paid features, but that's not necessarily a bad thing. If you compare the services you have to pay to unlock with Rocket Money to what Mint offers for free, there's not much difference.

It took longer than expected, but T-Mobile has completed its purchase of prepaid provider Mint Mobile. After gaining approval from the Federal Communications Commission last week, T-Mobile announced on Wednesday that it has closed the acquisition of Mint's parent company, Ka'ena Corporation.