Mint.com: Simple Budgeting for Novices
The other day my husband left me a voice mail when I was at the gym asking how I had spent $50 at a smoke shop. I was curious about the message for a number of reasons. A) He has never tracked our spending or even cared and B) He has no idea how to even log on to our online accounts, so I had no idea where he was getting his information and C) I don’t think I have ever set foot in a smoke shop?!
Come to find out that “smoke shop” was owned by the same people who owned the gas station next door where I had filled up my car (hence the $50 charge at a smoke shop!). My husband had received an instant message on his iPhone about an unexpected expense from Mint.com!
We sat down and made a budget plan a few weeks ago after our furnace blew up and we spend a ridiculous amount of unbudgeted money to replace it. We created a budget on Mint.com. Then we set it up so that when we log on to our electronic gadgets (Smart Phones, iPads, etc.) we’ll be constantly up to date. We get updates if we’ve gone over budget in an area, if we’ve been charged a fee or have an unidentified expense come through any of our accounts (credit cards, checking accounts, etc.). Plus, we have access to our entire budget at our fingertips.
We are LOVING Mint.com and I’m especially impressed that my husband is actually taking notice of our finances and getting involved in the process.
This is also a great tool to track how you’re doing on your 2012 Grocery Budget Challenge any time you want!