In a surprising turn of events, Intuit recently announced the discontinuation of a beloved personal finance app, Mint. Since its inception in 2006, Mint has been a one-stop-shop for budgeting, bill tracking, and financial planning for millions of users. Its closure leaves many in search of alternatives that can fill the void left by Mint’s departure. Intuit acquired Mint in 2009 for $170 million.
Let's dive into Mint alternatives, including ReInvestWealth, an Accounting Software + Copilot specially tailored for business owners.
Why Is Mint Closing Down?
Despite Mint's popularity, Intuit decided to shut down the service to focus more on their other products, like Credit Karma.
Alternatives to Mint
Here are some alternatives that can assist you in your journey of financial management:
ReInvestWealth: Tailored for business owners including entrepreneurs and freelancers. ReInvestWealth stands out as an ‘Accounting Copilot’ with banking integrations, expense tracking, a simple dashboard and much more.
PocketGuard: PocketGuard helps categorize and organize your expenses, monthly bills, and subscriptions, letting you know how much disposable income you have left "in your pocket". This is the most similar alternative to Mint.
More About 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 free. And if you want an Accounting Copilot that works on your books every day, use promo code ByeByeMint to get 50% off for 6 months.
Features:
Integrations: ReInvestWealth supports integration with various banks and financial institutions, ensuring real-time tracking and updates.
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. This feature makes it easier to monitor business expenditures and aids in tax deductions.
In-App Tax Filing: Auto-File GST, HST, QST tax returns in just a few clicks directly from the ReInvestWealth app.
Invoice Management: Create, send, and track invoices seamlessly. Ensure timely payments while maintaining a professional front.
Benefits:
Time-Saving: With an AI Bookkeeper, business owners can focus more on strategic decisions rather than getting bogged down with repetitive bookkeeping tasks.
Maximize Tax Credits: The AI Bookkeeper analyzes every single transaction for possible tax credit and tax refund opportunities.
Cost-Effective: ReInvestWealth is designed to be a cost-effective accounting solution for business owners with a free software and affordable Accounting Copilot.
Conclusion
The closure of Mint is indeed an end of an era. Whether you are an individual seeking personal budgeting tools or a business owner in search of a business budgeting tool, platforms like ReInvestWealth and others ensure you are in control of your financial journey.
Explore these alternatives and choose the one that aligns best with your financial goals and requirements.