I just finished reading the new on Intuit buying Mint.com for $170 Million. Wall Street Journal is reporting that both brands will continue and that they will serve slightly different markets.
Personally I think this can a great thing for people looking at handling their finances. I have used Quicken before for my tracking my finances. I currently use Mint to keep tabs on spending trends on our accounts. I find Mint a very useful tool and recommend it to my family and friends.
Both have some great features for users looking at improving their finances.
Quicken Online Features
- Easier online banking for all your accounts
- Set up reminders to avoid being late on bills
- Community with money saving tips
- Track what you spend with cash
Mint Features
- Easy set up for all your accounts
- Sync up your account information and data
- Trends tab allows you to see where you’re spending your money
- You can create a budget and receive email or texts on your spending
Shortly after reading the link from Twitter, I noticed this tweet:
@quickenonline: Mint.com and Quicken Online will remain free.
A big relief and I look forward to seeing how this unfolds.