"The best thing we can do is just be as aware as possible of what we're doing and really understand the consequences of the decisions that we make when it comes to money," Krishna said. It might seem obvious, but simply knowing where your money is going and figuring out where you can spend less are great and easy ways to support personal finances in the face of rising prices for everyday items. " tell you, 'hey, here's how much you spend in each area, here's your subscription costs that increased, by the way, could you negotiate your bills,' if you want to go deeper you could create a budget and say, 'I actually want to spend less on going to the bar,' and so you can create a specific budget to track a specific behavior," Krishna said. It will also let them create personalized budgets to focus on certain areas where they'd like to save money. Once users connect their accounts to Mint, the app will intuitively tell them what transactions they are making and where their spending is increasing or decreasing. Mint gives consumers an edge over simply tracking transactions on their bank account by clearly showing them things like how much more they've spent on gas or other purchases over the past month. Users get alerts about when bill payments are due and can set personalized budgets to help save money.Ĭonsumers could use an edge during a rapidly evolving and financially stressful environment created by the storm of rising gas prices, an ongoing global pandemic, and inflation growing to 8.5% in March.
It's an intuitive way to monitor cash flow in one place. The app will track spending, income, what bills are due, and what subscriptions you're paying, among other transactions. Users connect all of their accounts - including credit cards, loans, subscriptions, and investments - to the Mint app so that everything is in one, accessible place.
Mint is a simple to use app and provides users with a free way to better manage their finances. The best crypto credit cards available now
How to keep your credit card details from being stolen online The best unsecured credit cards: Bad credit? No worries