Any updates about Mint.com?

[M Paquette]

Can you actually give a example(s)/name(s) of a bank or brokerage with such conditions regarding passwords?

I think it's a very interesting and important issue.

https://personal.vanguard.com/us/help/SecurityOnlineFraudPledgeContent.jsp

Our commitment regarding online security is simple. If assets are taken from your account in an unauthorized online transaction on Vanguard.com®—and you've followed the steps described in the Your responsibilities section below—we will reimburse the assets taken from your account in the unauthorized transaction.
...
Never share your user name, password, or other account-related information with anyone.
Never store your user name, password, or answers to security questions in your browser.
...

https://401k.fidelity.com/public/content/Shared/Security/ProtectionGuarantee

As part of our ongoing commitment to our customers, we're proud to offer our Customer Protection Guarantee: We will reimburse your Fidelity account for any losses due to unauthorized activity.
...
The guarantee does not cover situations in which you authorize account activity, including: (1) the activities of any person to whom you have given, or with whom you have shared, your username, password or account number, and (2) the activities of any person, including an investment advisor or professional (its employees and agents), to whom you have granted authority of any type over your account (such as power of attorney, trading or money movement authorization or an investment management relationship). The guarantee does not cover conduct by, or situations involving, any person described above that results in the unauthorized access of your accounts or in the disclosure of your personal information (for example, the failure of such person to secure his or her computer or the use of an unsecured computer by such a person). The guarantee also does not cover unauthorized activities in your workplace retirement or benefit account by an employer, administrator or plan sponsor representative who is authorized to access your account, but who is acting outside the scope of his or her authority. It also does not cover unauthorized activities resulting from a breach of security: (a) in an employer, administrator’s or plan sponsor's systems Or (b) at a third-party entity or web site with which you have shared, or authorized the sharing of, your username, password and/or account number.

http://www.schwab.com/public/schwab/nn/legal_compliance/schwabsafe/safeguard_your_information

Do not share your password; sharing your password with anyone—including family, friends, and third-party websites—may invalidate your Schwab agreements.

 

[Sesq]

I have used mints for several years. I find it does a lousy job with maintaining categories over time, net worth, investments. That said, it does a great job aggregating transactions and letting me monitor stuff as close to real time as possible. Use it everyday for this.

I also like the bill reminders, but that is because I have a lot of credit cards from bonuses and it helps not let anything sneak up or slip by.

 

[Livin Large in MT]

I use Mint and also have a portfolio entered on Morningstar Premium with all my holdings...I can export the portfolio into Excel and then work from there. Between the two, I can check and make sure Morningstar is reflecting correct changes in my portfolio. Morningstar allows me to analyze what my dividends and cap gains are doing in my portfolio: Mint doesn't have that level of detail though they recently allowed me to enter my deferred comp portfolio. I like having both.

 

[wrichards58]

I like Mint for about 3 years now--overall I like it. The only issue I have had with it is some duplication of account. For example I have some accounts with Wacovia and I included them, but I also have some with Wells Fargo, and since Wacovia and WF are now together it started counting them twice. So I had to go into one of the accounts on Mint and basically not count it.

I had a great Net Worth when I was counting them twice! But once you get it all set up it seems to go smoothly. Once in awhile I have some issue or another with a bank or credit union on passwords, or they do a new security measure and you have to go in and allow access for Mint again. But all in all it hasn't been too big of a hassle.

I have been using meet for a couple of years and love it... It helps me budget

 

[obgyn65]

I deleted the Mint app from my iPhone a few months ago after it could not access my BoA account and some security concerns were discussed on the Internet.

I am thinking Mint.com might be the way to go for an update free way to get things done. Mostly automatic, secure, easy to use, and free!

 

[noelm]

I have been using it for 3 years now and pretty impressed. I do not make budgets because my expenses are very tightly controlled, still gives me a good one-spot recording of all my financial accounts.

Don't worry about the security, their security is better than majority of the banks and the data is transferred in read-only mode, so even if your account is hacked, the hacker can not really do anything.

 

[Ronnieboy]

I have opened the mint account and linked a few accounts, so far I like it. It has shown me a few surprises on our spending habits that we need to correct (as far as how much we were spending vs estimates of what we were spending). I have found a couple of my financial institutions that have a 'partner program' which allows places like mint or quicken to gain 'read only access' to accounts.

I need to now set up a budget within mint and go from there.

 

[LitGal]

My husband tracked our expenses for years on Quicken. Changed over to Mint a couple years ago and has been very happy with it.