I love Mint.com. I stumbled across the website about a week ago. After a few days of reading reviews and asking different friends about their experiences with Mint, I decided to give it a try. And the result? I Love it! It tracks ALL my accounts. I tell you what, it is very sobering to see all my debt tallied on one page, and to see my net worth as -$54,655.08.
The good news is that it showed me that I was off on my original debt estimate. Instead of 55k, I am actually $57,577.74 in debt. Not that being an additional 2K in debt is good news- knowing about it is. I feel more in control of my finances now that I know exactly where I stand.
I also have the ability to set a budget, and Mint will track all my spending and inform me when I go over budget. This also is very liberating. Over the weekend I read a wonderful article about budgeting from No Debt Plan And it was like a light-bulb went off when I read this:
"A budget doesn’t tell you where your money went. Your money
shouldn’t be going anywhere without you knowing about it. It does
show you were you told it to go"
Again, I feel more in control. So I set up a budget for the extra $168 I have a month (after all my bills are paid) March will be the first full month that I follow this budget. I will post about it soon and let you know how I am doing.
Until then, if you have a minute to check out Mint head on over. It works for me!