Mint Budgeting App Review – Forbes Advisor


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Mint is one of the most popular budgeting apps available today. Founded in 2006, Mint was purchased by software company Intuit in 2009. Our review of the Mint app will help you learn more about the app, its features, cost, and ratings to determine if it’s right for you. .

With over 903,716 ratings on the App Store and Google Play, Mint outshines its competition in terms of reported user experience. Mint is earning a spot on Forbes Advisors’ Best Budgeting Apps in 2021 and deserves special attention to help you meet your budgeting needs.

Mobile apps like Mint can automate your budgeting process and help you find ways to save and put money aside for your future goals. Account details and fees are correct as of November 28, 2021.

Mint and your budget

Mint is a free budgeting app that lets you connect all of your financial accounts into one digital space to gain high-level insight into your financial health. The app also allows users to track spending and savings and set and track budget goals.

With Mint, users can sync bank accounts, fund management accounts, retirement and investing accounts, credit cards, and other financial accounts. You can also track all your monthly bills through Mint and receive reminders so you can easily pay your bills on time.

After connecting your financial accounts, Mint tracks your transactions and categorizes them into budget categories for easy tracking. Users can keep the default categories provided by Mint or create custom categories to meet their needs.

For additional personalization, you can also add tags and rearrange transactions as needed to better track your spending. If you’re like most people, many transactions don’t necessarily fall into a specific category. With Mint, users have the ability to separate a single transaction into multiple categories, including fees charged.

Mint is intended for individual users and there is no option for joint Mint accounts. However, two people with common financial accounts can each create their own Mint account and sync the same accounts to view the same information.


Safety is the top priority for Mint and its parent company, Intuit. Mint tightly protects user information with the latest security measures, including strong encryption, multi-factor authentication, and other security protocols. Users can also protect their Mint account by adding a four-digit security code to their mobile device.

Users can control mobile access from their account. If your mobile device is lost or stolen, you can turn off mobile access or remove your account remotely from your online account to protect your information.


Mint is free for everyone. There are no premium versions of the app available for an additional cost. Signing up for a free account gives you access to all the features and benefits of the app. Mint earns its money through strategic partnerships with other companies, which is why the app offers advertisements and offers for other financial products. Some users may find the product offerings somewhat intrusive and there is no paid option to remove the ads.

Other application tools

Mint is not an investment app, but it allows you to view and track your investments. Having access to your investments in a budgeting app will allow you to get a complete overview of your finances in one place. You can add all of your investment accounts including 401 (k), brokerage accounts, IRAs, and more. The investment tracker allows you to compare your investment portfolio to market benchmarks and even track investment costs so you can see if there are any unnecessary costs.

Distinctive signs

Mint gives account holders free access to their credit scoring and credit monitoring tools. You can view your TransUnion VantageScore as often as you like, through a partnership with TransUnion. Checking your credit score through Mint does not adversely affect your credit.

Your score comes with a snapshot of your credit report, as well as an overview of how scores are calculated and actions you can take to improve your score. Mint also offers free credit monitoring through TransUnion. Users can sign up to receive real-time alerts whenever TransUnion receives new information from creditors.

Access and assessments

Mint is available for iOS and Android. You can also access your account online through the Mint website. Mint is ranked # 1 among financial apps on the App Store and is rated 4.8 out of 5 stars. The app receives 4.5 out of 5 stars on Google Play.


  • Link all your financial accounts in one place
  • Allows you to configure notifications and alerts
  • Free access to credit score
  • The app is free

The inconvenients

  • Connectivity issues with financial accounts
  • No joint accounts
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How mint piles up

Mint is not only free, it is also easy to set up and use. There may be times when you need to reconnect a financial account which can be a nuisance, but overall the app does exactly what it’s supposed to do. Not only can you track expenses and create budgets, but you also get overviews of all your finances.

Having access to Mint online and through the mobile app is helpful, especially if you’re deep into your finances and budget. Insights from Mint also provides additional help in spotting trends in your spending so you can save money.

Among the free budgeting apps, it’s hard to find another app that offers more value than Mint. It’s not perfect, but it’s a great tool whether you’re a budgeting pro or a newbie.

Frequently Asked Questions (FAQ)

Yes, Intuit, the parent company of Mint, uses the latest security and technology measures to protect the personal and financial information of its customers. Security measures include software and hardware encryption and multi-factor authentication.

How much does the Mint app cost?

Mint is a completely free application. Use of Mint features is free.

Can you use Mint without linking the accounts?

Although it is intended for automatic syncing, there is a way to manually add financial accounts to your Mint account. This adds another level of involvement on your part, as Mint cannot automatically update the information for these accounts.

What are the key elements of a basic budget?

Setting certain priorities for how you and your family spend money is the starting point of the budgeting process. In order to reach the financial goals you’ve set for yourself, you need to know how much money is coming in and how much money is going out.

How important are good budgeting habits?

After you’ve created a family budget, what really makes it work is living your budget. Your mindset and habits play a vital role in how well your budgeting efforts serve your goals. If you find that you have financial habits that could be improved, the right app can help.


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