At Mint, we believe in celebrating whatever your money earns – big or small! Every step forward is a step in the right direction, and they deserve to be proud of.
To learn and appreciate these landmarks, we asked real Minters just like you to share their stories. One of those Minters is Adam, a financial accountant, who was able to pay off all his debts with the help of the Mint app! Adam, your story has inspired us so much. Check out his #EmpowerMint journey below:
While I have had a solid understanding of personal finance by studying accounting, I have always struggled to implement strong habits. When I started getting into a decent amount of debt, I was really diving into my financial well-being. When my wife and I searched for ways to address our debt, we stumbled across the Mint app. After downloading the app, we became more interested in learning more about better spending habits, budgeting efficiently, and planning ahead, rather than just the next paycheck.
Initially, we used Mint as a financial app that housed all of our finances. We only started using it regularly in 2020 when we decided to tackle our debt more aggressively. It’s becoming a better way to keep track of what was still owed and what was paid. After using Mint on a daily basis, we were able to hit our financial goal of getting rid of our debt (just a few months ago in March 2021), which was by far the biggest financial achievement we’ve achieved together. Altogether, our debt was just under $32,000, and with the help of Mint we were able to pay it off in full in 15 months.
By using Mint to its fullest potential, I was able to increase net value About $70,000 in just one year!
These days, I still use peppermint regularly, checking in 3-4 times in the average week. Now that we’ve paid off all of our debts, I use the app to make sure all of our expenses are properly classified in our budget, keep track of our net worth, and make sure we’re sticking to our financial plans and goals. Additionally, my wife and I budgeted every two weeks for the pay period to make sure every dollar was accounted for. Mint’s tracking feature is perfect for this because instead of having to manually go through our banking transactions, I can quickly review our spending in the app and make sure it’s correct. Mint also makes it very easy to see if something is wrong or if there are expenses we didn’t plan for.
We’ve also set some new goals, like saving for an emergency fund and a down payment for a home. These are kept in an online savings account separate from our regular bank, so it’s much easier to log into Mint and see it all there than having to bounce between different websites. The Goals feature is also a fun way to improve savings, and we accepted the challenge of saving $5,000 in 12 months.
Today, personal financial systems can be complex with many different banks, credit cards, investment accounts, and more. Having them all seamlessly in one place relieves any stress, and makes it easier to understand your overall financial picture. For example, when it’s time to pay, Mint sets a reminder and that really helps us stay on top of everything.
Mint has really improved recently and makes controlling my money easier. If there are any users who do not have the app, I highly recommend it.
Anne-Marie Belda is the Director of Communications at Intuit Mint. She is passionate about helping readers achieve their financial goals from starting a savings account to financial freedom.