It offer a snapshot of a user’s financial profile by aggregating and categorizing data from banking, credit and trading accounts, as well as information on loans, mortgages and assets.
The data is displayed in lustrous graphs and charts, which provide nearby into financial balances across accounts, remaining budget allocation and spending habits across categories such as food and dining, shopping, movies and travel.
“Eating out and shopping are the two areas of discretionary expenses that people will cut back on first,” said Aaron Forth, vice president and general manager of the Intuit Personal Finance Group, which owns Mint.
The latest features comprise new ways of visualizing and interacting with the data, which Forth said is particularly favourable to tablets.
The app also includes a newsfeed that notify users when they have gone over their budget and provide other personalized reminders and financial tips.