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5 Best Mint Alternatives in Canada (2024)

Updated: May 13



Since its inception in 2006, Mint has been a one-stop-shop for budgeting, bill tracking, and financial planning for millions of users. Despite Mint's popularity, its parent company Intuit decided to shut down the service to focus on other products like Credit Karma. Its closure in 2024 leaves many in search of alternatives that can fill the void left by Mint’s departure.


If you’re a former Mint user in Canada looking for a similar tracking and budgeting tool, we’ve rounded up a list of apps and software to help you decide on the best replacement for Mint.


List of Mint Alternatives in Canada


While there are many alternatives to Mint, we’ve selected the ones that best meet the needs of Canadian users, particularly those that have good integration with banks and financial institutions.


PocketGuard


PocketGuard helps categorize and organize your expenses, monthly bills, and subscriptions, letting you know how much disposable income you have left. This is the most similar alternative to Mint where you can connect banks, credit cards, loans and investments to track them in the app.


Key features


  • ‘In my pocket’ shows the remaining amount you can spend after bills, debts, and budgets you’ve set.


  • Easy categorization: Automatically compiles your transactions from connected accounts and divides them into categories.


  • Fraud detection: Monitors transactions and alerts you if there’s any suspicious activity so you can review it immediately.


YNAB


YNAB, which stands for ‘You Need a Budget’, has been around since 2004 and has grown into one of the most popular apps in the personal finance space. Its zero-based budgeting (ZBB) system makes sure every dollar is accounted for, allowing you to cover all expenses and keep overspending in check.


Key features


  • Cross-platform: It’s available on desktop, phone, and tablet and automatically syncs data among devices. 


  • YNAB Together: Add up to 5 users under a single subscription to make group budgeting easier. 


  • Goal tracking: Set financial goals like paying off debt or building savings, and track your progress in the app.


Neontra


Neontra is a Canadian personal finance app that aims to bring everything together including spending, budgeting, and investments. It keeps all your data in one place so you can easily manage your money and visualize your cash flow.


Key features


  • Personalized insights: AI analyzes your data for a financial health check and provides actionable recommendations. 


  • Data security: Neontra keeps personal and financial data safe with bank-level security and trusted technology.


  • Investment Tracking: Measures performance and growth scenarios of your stocks, mutual funds, crypto, and other investments.


Monarch Money 


Now available in Canada, Monarch Money offers features similar to Mint and more. It is an all-in-one platform to optimize your finances that lets you automatically track account balances, transactions, and investments.


Key features:


  • Data visualization: Displays reports, diagrams, and charts to see patterns and better understand where your money is going.


  • Customization: Create custom categories for your budget and personalize your dashboard with widgets to help you focus on key priorities.


  • Collaboration: You can invite unlimited collaborators, including a partner or financial advisor, to share your finances with.


ReInvestWealth


ReInvestWealth is built for entrepreneurs, freelancers, and small business owners who need an intuitive and comprehensive tool to manage their finances. You’ll get most of the features you love from Mint, plus automation tools designed specifically for business owners. For just $39, you’ll get access to a 24/7 AI Accountant that works on your books so you can focus on running your business. 


Key Features


  • Simple dashboard: ReInvestWealth offers a unified view of your business’s financial health. Track expenses, monitor income, and analyze cash flow all in one place.


  • Expense tracking: Automatically categorize and track expenses in real-time. This feature makes it easier to monitor business expenditures and aids in tax deductions.



  • Invoice management: Create, send, and track invoices seamlessly. Ensure timely payments while maintaining a professional front.


  • Receipt management: Upload your receipts in bulk or straight from your smartphone, store them in-app, and auto-match them to transactions.


Conclusion


The closure of Mint is indeed the end of an era, but there are alternatives to help you stay on track with your finances. When it comes to choosing the best Mint alternative, the ideal app or software depends on your specific needs. Are you a conscious consumer seeking a budget-focused app, or a busy entrepreneur juggling business finances?


For individuals, several options like PocketGuard and YNAB offer robust features. But for business owners seeking a comprehensive solution, ReInvestWealth stands out. It provides all the core functionalities you loved from Mint, plus access to a 24/7 AI accountant to streamline bookkeeping, free up your time, and allow you to focus on growth.

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