Do you want the best financial budget tool to help you manage your bills and finances in one place without stress? These top best Mint alternatives help you manage and track your money, daily expenses, and transactions effortlessly.
What is Mint?
Mint is a free financial budgeting tool. It enables you to manage both your outgoing and incoming money in one place. It allows you to link all your accounts, PayPal wallets, debit cards, credit cards, etc.
By linking these accounts, Mint lets you keep track of your money and know where you invest and save. Also, It enables you to manage your bills/other payments. It does this by providing a message alert in order not to miss your payment. With this, you can stay on top of your time and money.
Also, Mint has more than twenty million users. It also provides an online version to enable you to manage your finances directly from there.
Why do you need to switch from Mint to its Alternatives?
- Mint lacks reconciliation. That is, the downloaded data is assumed to be correct; therefore, you cannot reconcile against bank statements or transactions.
- It has poor customer service support. There are numerous unanswered questions, unresolved complaints, and a lack of supports for users.
- Mint doesn’t offer any fine investment tool, unlike its alternatives. One can only use Mint for a short period and not for the long term.
- It constantly displays ads related to your search and preferences on its websites. This prevents user interaction with the dashboard and leaves a poor experience.
- It has one of the biggest issues with customer data synchronization. It interrupts your connectivity with different banks and doesn’t connect with smaller banks. It always asks you to rebuild your connectivity with banks, and it might leave your data not updated for days/weeks.
Top 10 Best Mint Alternatives We Recommend for 2020
Personal Capital is like Mint. It is absolutely free to use and acts as a web-based app. It functions better by focusing more on retirement and investment instead of simply letting you know how and where you spend your money.
Also, Personal Capital is an application that helps you track and manage your money with investment options and proper budgeting.
Tiller isn’t like other apps. It functions in an entirely different way. It manages and displays your entire financial data in a spreadsheet that is automatically updated daily.
Also, Tiller is believed to be the only tool that automatically updates Excel and Google Sheet for your everyday transactions and expenses. All you have to do is sign with Google in just three steps, and you are all set to rock.
YBAB (You Need A Budget) is an award-winning software. It possesses a different concept from the other tools. YNAB focuses more on obtaining full control over money. Their slogan is “Stop Living Pay Check-to-Pay Check, Get out of Debt, and Save More Money.”
YNAB teaches you how you can manage your money like a boss and achieve something good. It believes that new budgeters save 600 dollars monthly on an average basis and 600 dollars by their first year.
This app is one of the best apps used for gaining control over finances. Several of its users affirm that there is no other software that provides the breadth and depth of tools than Quicken. Many business organizations use Quicken because it is the best and most supportive and reliable financial management tool.
This tool is a personal finance management tool developed by IGG software for both iOS and Mac OS platforms. Banktivity was initially called iBank and was later renamed Banktivity. It has released about seven versions of desktop software with advanced and new functionalities in each version. Banktivity enables you to connect all your accounts and allows you to make smarter decisions.
6. Every Dollar
Every Dollar is a free software used for removing money stress and budget management. Every Dollar enables you to create a budget and achieve your monthly goal. It is available for iOS and Android devices.
Every Dollar also provides its Plus for those who desire premium budgeting and advanced features. However, the Plus is not free to use.
This software is a personal finance management software. Moneydance has various features such as budgeting, investment management, account management, net banking, online bill payment, etc. Also, it enables you to handle numerous currencies with payment reminders. It also allows you to carry out any financial task virtually.
PocketSmith is a time machine used for your money cash flow forecasts. It helps you understand your money. PocketSmith enables you to control unnecessary spending and track your money.
It enables you to see your finances for up to thirty years in advance. Also, with the help of the PocketSmith search engine, you can easily find old transactions.
CountAbout is a secure, easy, and customizable personal finance software. It can import from Mint or Quicken and also automate your transaction downloads. CountAbout helps you manage your money from anywhere. Its tracking features are much better than Mint and Quicken. Also, it has received excellent reviews from industry users.
Status functions as a social network for your finances. It enables you to connect with your peers or loved ones and share financial reports and tips with them. With Status, you can compare finances and generate insights that can intelligently manage your money.
There isa lot of finance and money management software available in the market. This article looks into the various Mint alternatives that can best serve your needs. Each software tool provides numerous sets of features while some others provide similar ones.
For instance, there isn’t any significant difference between Banktivity and Status. They are both used for financial management. The only difference between them is that Banktivity is for iOS and Mac OS, while Status is predominantly like social media app.
If you desire better and more powerful tools, then PocketSmith, YNAB, Quicken, and Power Capital are the best available options for saving and better investment purposes. The only disadvantage is that they are somewhat costlier.
Also, tools such as CountAbout, Tiller, Every Dollar, and Moneydance have a different perspective, and they can also be used for personal finance management.