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.