What are the pros/cons of using an app to keep track of finances instead of an Excel spreadsheet? Is it safe/useful? I’ve heard good things in particular about Mint.

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Posted by Anne Stillwagon (MONEY FORUMS: 4, Answers: 3)
Asked on February 25, 2016 6:17 pm
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My understanding is that the security/encryption used by Mint is at the same level as banks, so it should be safe. I do not have personal experience with them, but if you set them up with all of your information, you don’t have to take time (and be disciplined) about entering your personal data into a spreadsheet. It will track your spending as well as your progress toward savings goals, etc. I, too, have heard that people like using Mint. If you don’t like it, you can always stop using it, right?

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Posted by Beth Tallman (MONEY FORUMS: 1, Answers: 61)
Answered: February 28, 2016 5:42 pm