Mint’s Top Down Thinking
CEO Aaron Patzer reports to us that, in just the past three weeks, Mint has already helped organize more than $2 billion worth of people’s personal financial accounts, and identified more than $40 million in potential savings for those members.
First. This is potential savings. Also. this works out to $500 per user. Saving $500 is great but if this is divided across ALL of my transactions the overhead might not be worth it.
That said, I’m not going to use Mint. Not because I don’t trust it but $500 isn’t worth entering my data into another service that the government could illegally monitor.