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Mint.com – How to get a text message when you spend too much

mint

URL:

http://www.mint.com

What is Mint?

Mint.com is a free web-based personal financial management service created by entrepreneur Aaron Patzer. Mint provides account aggregation through a deal with Yodlee. Mint’s primary service allows for users to track bank, credit card, investment, and loan transactions and balances through a single user interface. (read more at Wikipedia)

What you may not know about Mint

You can create customized budgets for different categories such as entertainment, groceries, gas and more. Then you can set mobile alerts to be sent to your cell phone when you’re approaching your budget limit.  Say for instance you create a category for your bar tabs.  You go to the bar, spend money, and don’t really keep track of how much money you’re spending on drinks.  Well now with Mint you can set yourself a limit and you’ll get a text message on your phone when you’re spending too much.  This is a great way to manage your spending regardless of where you’re at.

Here’s a quick video on Mint:

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