My friends also use Venmo to split rent payments and other bills, such as Netflix subscriptions, Uber rides, and bar tabs.įor many, Venmo is an integral part of their daily lives, and its sudden absence from Mint makes personal finance, well, harder. This was concerning because I use it to pay rent, my largest recurring expense. Mint and Your Budget Mint is a free budgeting app that allows you to connect all of your financial accounts in one digital space so you get a high-level overview of your financial health. Usually, it’s a quick fix.Ī few weeks ago, I noticed that Venmo-a popular payments service owned by PayPal-was no longer connecting with Mint. Intuit has closed the acquisition of Mailchimp for total consideration of approximately 5.7 billion in cash, 10.1 million shares of Intuit common stock with a fair value of approximately 6.3 billion (based on the Octoclosing stock price of 625.99 per share), and 573,000 restricted stock units that will be valued based on the. This can happen because a user changes a password, a service goes down, or one platform no longer supports the other. Owned by Intuit, the same company that makes QuickBooks and TurboTax, Mint offers an array of features to help you track and manage your money from a giant list of banks, credit card issuers, brokerages, lenders, and other financial institutions. The Mint budgeting app comes with a daily budget planner, which suggests budget goals based on your spending. This can go awry, however, when Mint is no longer omniscient-for instance, when the app loses access to a connected account. Mint is one of the oldest and best-known budgeting apps. When new users join the platform, they hand over their full slate of usernames and passwords, trusting Intuit-Mint’s parent company, which also owns TurboTax-to protect their logins. Mint is only able to accomplish this because it has complete access into their financial lives. Since 2006, millions of users have used Mint to create categorized budgets and keep track of their credit scores, as well as outstanding student loans, car payments, and mortgages.
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