Written by Lyan Babilonia. Miami    Wednesday, 03 February 2010 14:41    PDF Print E-mail
Manage your finance without risk

Suscribers said that now they feel more control of their money. Suscribers said that now they feel more control of their money.

The boom of Mint.com, a financial planning website is not casual. The customers can receive advisement totally free and without risk of fraud.

Mint is enrolled in VeriSing Secure, a company that ensures that all your accounts or credit cards information are kept confidential. The website also uses 128 bit SSL encryption and has 24-7 physical security. The subscribers can’t make money transfers and are register anonymously, which prevents them from hackers.

Efrain Ramos, a system administrator and resident of Miami-Dade is a witness of these safety policies. Ramos took the opportunity to advise all those who usually manage their money through the Internet to check the VeriSing logo and other safety tools displayed at the bottom of the website, otherwise might be victims of fraud. “There are many companies that do not pay for this service and the customer ends up losing,” he says.

Mint revenues come from the clients earnings. For example, if you earn $800 in interest over the course of the year, Mint might get a $30 referral fee.

Everyone can manage their money and save simply and fast. According to the company, over one million people already uses the online budgeting software and 3,000 users are added to the website daily. Thanks to this popularity, Mint manages $175 billion in transactions, $47 billion in assets and has identified more than $300 million in potential savings for its users.

Ramos agrees with many users who think that Mint is a good initiative. He considers the recommendations to purchase certificates of deposit as one of the best tools to achieve saving targets.

Jorge Burga, another subscriber, said that now he felt in more control of his money. Burga, who has automatic payment of his car insurance, electricity bill and other services, says that since resorted to Mint has not been overdrawn.

Mint connects to more than 8,000 US financial institutions; it also analyzes and graphs your investment performances showing you how you’re doing versus relevant market indices and highlights the fees you’re paying in each of your accounts.

Another advantage is that if your money is not earning interest in the bank they recommend a high interest bearing savings account for you.

Mint.com won more than 20 awards and is led by an experienced team including industry veterans drawn from the ranks of Charles Schwab, eBay, Expedia, Intuit, PGP and other leaders in the finances.

Lyan Babilonia. Miami
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