TOOLS & TIPS
1. BUDGETING & PLANNING
Key takeaways: proper preparation prevents poor performance
See what’s fresh with Mint.
July 04, 2017
Mint.com is one of my most used websites. Mint's primary service allows users to track bank, credit card, investment, and loan balances and transactions through a single user interface, as well as create budgets and set financial goals.
It is a free budgeting and financial tracking app. Mint aggregates all of your different bank account information to one place.
The goal is to organize all of your finances in one place. Link all of your accounts with Mint to simplify. Set savings goals to improve your wealth. Set budgets to limit your spending. Review all transactions across all* of your accounts.
I recommend anyone with a bank account use Mint.com and the Mint mobile app.
YouTube Video - Start Budgeting with Mint
*There are a few obscure banks that Mint won't connect with.
Make sure to go into transactions and correctly categorize all transactions.
Steps to categorize all similar transactions at once:
Click on the specific transaction.
Click "Edit Details".
Make your changes.
Next to Rules click "Always rename ... to ... and categorize as ..."
Now all transactions that fit the criteria will follow the new rule you created.
If you need professional help setting up your budget sign up for a budget consultation with Rayven.