Executive Portfolio

Managing your money can be difficult and overwhelming. No matter how organized you are, staying within your spending limit, keeping track of your ATM withdrawals or trying to save up for your next big investment are constant challenges. If you’re looking to get a stronger grip on your finances, Mint.com can help you out.

Created by internet entrepreneur Aaron Patzer when he was just 25 years old,  Mint.com is one of the most popular online money management tools today. Since its launch in September 2007, it has nabbed over one billion users. It’s a simple, secure and stress-free way to monitor your bank accounts, investments, credit card usage, balances and financial transactions. And the best part is: it’s completely free.

Mint.com automatically updates and organizes your finances and catalogs all of your transactions into helpful up-to-date charts and graphs—all free of charge. Not only does it keep records of all of your purchases, it also helps you set a personal budget, prepare for tax season, and pay off your debt. It analyzes your spending history, credit cards and bills and then gives you smart money-saving tips on planning for an investment, buying a car and even eating out.

With Mint.com, you have the ability to control your financial situation right at your fingertips. Its iPhone app and Android app allows you to check up on your account on the go. Weekly SMS or email alerts notify you if you have a low account balance, spent more than planned or have upcoming bills. This helps you avoid late fees, prevent overspending and maintain your budget.

The ultimate motive of Mint.com is to save you money by helping you set a realistic financial plan that will be effective for a long time. In an interview with youngentrepreneur.com Patzer said, “My goal for the next five years is to grow Mint.com to tens of millions of customers, and dramatically make them more prosperous in the process.” This innovative all-in-one personal finance tool is sure to be the guiding light through the economic tunnel for many years to come.