What does intuit mint do4/5/2023 ![]() I don’t expect that to continue long term, but knowing how it all adds up has helped us understand the need to reduce spending in other areas to make sure we don’t run into any problems.įor these reasons, I continue to recommend Mint for clients, especially for younger families who are looking to build a long-term savings plan. In my case, the last few years have included a lot of spending on health care. Having these kinds of numbers in front of you can really help you understand where your paycheck goes. I recently did this myself and was astounded to find out my family spent over $9,000 last year at Amazon! Admittedly, we were preparing for the arrival of our second daughter and were stocking up on lots of items, but nevertheless it took me a little bit by surprise. With little effort at all, it’s also possible to view your spending by category or by merchant in Mint. In turn, this can help you understand what type of cushion you’ll have in retirement – against unexpected events you may encounter, such as lower-return environments, bear markets or unpredictable events like COVID. It can be extremely useful to delineate what you truly need in retirement for your core needs, versus what you have more discretionary control over. Don’t Buy This: Top 20 List of Things That Aren't Worth the Money ![]()
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