193 Comments
- geminitojanus, on 11/15/2007, -6/+185Wow, this sounds TERRIFIC! Let's store all of our financial data on someone else's server with absolutely no guarantee of security or privacy!
*bzzt* bad idea. Some apps belong on the desktop. This is definitely one of them. - inactive, on 11/15/2007, -3/+115I would not bother to give my financial information to a third party web site. period.
- Error601, on 11/15/2007, -10/+107Spam complete with fake discussion posts...who would want to stick all your financial information on a web site? Company goes under...poof!...there goes all your data.
- chithon, on 11/15/2007, -6/+54116 Diggs and it is down???
Yea.... I trust them. - Cl1mh4224rd, on 11/15/2007, -6/+52This has got to be the worst-idea-wrapped-in-a-nice-package that I've ever seen...
People are getting dangerously stupid with this "web 2.0" crap and Mint.com highlights this trend perfectly. Can you say, "dot-com bubble burst"?
This could potentially be a really awesome piece of free desktop software, but noOOOooo... - jerbaker, on 10/10/2007, -6/+43You're just paranoid. Who could possibly have any interest in being able to examine every financial detail of your life without a warrant and without any judicial oversight?
- MrCalifornia, on 11/15/2007, -4/+34I can't get any accounts to connect. Is it just too busy from new users?
- blaxbb, on 11/15/2007, -3/+31hmm ive learned not to trust anything with the words "free", "money", and "online" in the same sentence.
- Deguello, on 10/10/2007, -1/+26Name Dropper...
- Hercules, on 10/10/2007, -3/+25I've signed up for an account, but I feel awkward in putting my banking details online.... I'll wait until I get a review or some other such stuff done by a PC Mag or Wired or whatever first.
- jaxzin, on 11/10/2007, -0/+18I did some digging and here is what I found that others might be interested in too. Mint.com doesn't store your username/password, they pass it securely to Yodlee which is their service provider for connecting to financial institutions. Yodllee services many major banking sites that offer this type of aggregation (http://corporate.yodlee.com/customers/clients.htm). I personally was using them when Citibank offered an aggregation site (myciti.com) until a few years ago. Here's a link to the details I found on the mint.com forums: http://forums.mint.com/showthread.php?t=703
- counterplex, on 10/10/2007, -0/+16Dugg for pure unadulterated sarcasm :)
- darkNiGHTS, on 11/15/2007, -1/+16Could anyone recommend a good desktop money manager? I know of Microsoft Money, but I'd rather not use Microsoft unless I have to.
- lerker, on 10/10/2007, -1/+15Storing all your financial information in a third-party website would be proof-positive of that last statement. Just don't do it, dude.
- aelder, on 10/10/2007, -3/+15I'm not giving my name to a machine!
- larfus, on 11/15/2007, -2/+13mint.com puts a bad taste in my mouth thinking about the privacy issue.
- ijustam, on 10/10/2007, -0/+11HAHA! Oh man, I love that part. For the uninformed:
Telephone voice: Collect call from…
Bender: I'm not giving my name to a machine!
Leela: I'll accept. - atbnet, on 10/10/2007, -1/+12This is nothing really new. It's just like Yodlee which Microsoft Money uses to manage some accounts
http://corporate.yodlee.com/index.htm
My BOA Online has a Portfolio which keeps track of all my bank accounts and is run by Yodlee. - inactive, on 10/10/2007, -1/+12guarantees mean nothing
- Chongo, on 10/10/2007, -0/+10Here ***** here... While I'm positive its LEGIT, what if they go out of biz... who then owns all the data you used to connect to other systems. I'm not worried that someone can use this service to drain my account through it... just getting my identity tho would probably be easy.
From what I've heard, when signing up for certain accounts, it even asks for your security questions... most of mine are information pertaining to the town I'm from, age, parents names, schools, etc... - apatzer, on 11/10/2007, -0/+10Overwhelming Response!
For anyone who’s been trying to sign-up on Mint.com in the past 24 hours, we are currently experiencing heavy load & slow response times.
This may be due to winning TechCrunch40, being featured in PCWorld, Digg, and San Francisco Chronicle all on the same day. Apparently nearly 100,000 people really needed to get their finances organized immediately!
In the next 2-3 days things should be dramatically faster. Until then, it may take 20-30 minutes to link to your bank accounts (instead of the usual 30-90 seconds). Get a few of them up and running, put it in the background, and (later in the day) enjoy Mint!
Aaron Patzer
Founder & CEO, Mint.com - jambarama, on 10/17/2007, -2/+12Conventional wisdom says that your data is safer on your desktop than on some companies web server. That certainly *can* be the truth, but I'll bet it isn't true as often as we think. With as many spam zombies as there are out there, where the owners don't even know their computers have been taken over, I'll bet a higher proportion of desktop machines get hacked than company web servers. And if Microsoft has a back door to updating XP/Vista when updates were turned off, who knows who else can get in the same way?
When a company does lose data, it is typically a lot, which causes a lot of grief, but I'll be just as many social security numbers have been harvested by phishers than lost by idiot company employees (or careless webmasters). I think for most computer users, financial data is at least as safe with some online company protected by ssl as it is on your desktop protected by yourself. Heck don't most banks put all that information online? - timdorr, on 10/10/2007, -0/+9You know, Quicken is actually pretty good at what it's supposed to do. It downloads all the data from my accounts so I can categorize and then file taxes *really* easily. It's worth the money, IMHO.
- pnmerk, on 11/15/2007, -5/+12wonder how much THEY paid to get on the front page of digg and if there was a bonus for nice comments? no way will i let you have all my bank and CC info, this is a disaster waiting to happen
- ACMoxon, on 10/10/2007, -7/+15Aw, I am no longer special.
- inactive, on 11/15/2007, -2/+10And the countdown to hacked server begins.....
- jambarama, on 10/10/2007, -2/+10Absolutely right - who would willingly give up their important personal information to some company? I mean email, search history, docs, spreadsheets, rss feeds, surfing habits, purchasing information, credit card numbers, and all in a highly searchable database where everything lasts basically forever -- that is insane! Wait, I think I just described google.
Would it make you feel any better if google bought them out? I mean then at least it is a reputable company, even if they have almost literally everything private about your life. - DjOverEZ, on 11/15/2007, -1/+9Think before you digg Kevin Rose!
- empirionx34, on 11/15/2007, -1/+9been a beta tester for a few weeks. none of my accounts connected then. when they didn't, the accounts were all locked out at the other institutions, so i had to call and get the locks lifted. Then, I go back to check later, and they're back again. keeps checking your accounts when you're not on the site. don't like that one bit.
- Tobark, on 11/15/2007, -1/+8Heh..cant connect with any of my banks.On top of that commerce now asks you one of five random questions which appears not to be in the setup . Lame sauce.
- locnguyen, on 10/10/2007, -1/+7Seriously folks, don't be so ignorant as to not read what they have to say about security.
http://www.mint.com/safe.html - itomixdotcom, on 10/17/2007, -1/+7If you're going to spam the discussion, at least have the decency to not make it obvious. A real digger would've simply posted a reference to support the claim of venture capital, and wouldn't have known that they were down for "maintenance" because it's obvious they're choking on the new traffic. I'm sure your service is great, but let it stand on its own merit.
- Soulhuntre, on 10/10/2007, -1/+7People are already thrilled to give Google access to all their email and surfing habits... not to mention often their web server stats and of late even their business documents. The idea of personal data security is dead.
- lerker, on 11/15/2007, -2/+8What's even better than this site being free? This site getting dugg straight to hell.
And yeah, storing my financial information on some random third-party website? No thanks. - 1Stoner, on 11/15/2007, -3/+9Im going to put all my financial information on servers that cant handle the digg effect ? ?
No thanks.
BTW its down. . . . . . - eridius, on 10/10/2007, -1/+7Well hrm, brand new web 2.0 company and they're in silicon valley? What a surprise!
- EssPii, on 10/10/2007, -2/+8"Especially since I'm totally stupid when it comes to managing my money."
Which is exactly why you are giving all your financial information to an online company you have no idea about. - Bdog2g2, on 10/10/2007, -2/+8"Nothing is lost. I am trying the service out and when you delete accounts is just removes the information. Nothing is being deleted from your bank or credit card company."
The sound you just head was the POINT flying past you at the speed of thought. - klethron, on 11/15/2007, -2/+8Hmm, Let me use my semi-secure windows pc to put my financial data in a start-up website and pray to GOD that everything turns out okay. I think not.
- itomixdotcom, on 10/10/2007, -0/+5Hmm... It looks like a really cool service. It's too bad that this company has just lost my confidence by adding spam comments. If the service is good, we'll find out ourselves.
- Klarth, on 10/17/2007, -1/+6DIGGS != CLICKS
DIGGS != CLICKS
DIGGS != CLICKS
DIGGS != CLICKS
DIGGS != CLICKS - decipherd, on 10/10/2007, -0/+5agreed, desktop app and youve got me!
- MrJonnyPantz, on 10/10/2007, -0/+4Apparently you didn't even look at the site, because they specifically point out in their security section:
"We require only a valid email address for login registration for the service. Notice that our signup page never asks for your name, address, or SSN." - chicagobiker, on 10/10/2007, -0/+4I'm going to just take a guess that their appearing on the front page has something to do with the fact that they just won Michael Arrington's TechCrunch 40 conference $50,000 prize being covered on almost every tech news site today?
- Mononuclear, on 10/10/2007, -3/+7Exactly. If your personal machine gets hacked then you lose but only you. If this service gets hacked or say an ex-employee gets pissed off or whatever, then everyone who ever used this service is screwed. Hacking isn't as big of as threat as employees who generally have access to everything. They can claim they keep all information private and do everything they can to ensure security but lets face it... Central databases of this kind of information are a target and people pay a lot of money to get this kind of information.
I am not claiming this site is shady or has anything but best intentions but please be careful before you trust such sensitive data to be stored online where who knows who has access to it. - idesign, on 10/11/2007, -1/+5moi aussi.
- superstewy, on 10/10/2007, -7/+11Not in Canada :'(
- centran, on 10/10/2007, -0/+4like others said gnucash.... but be forewarned. It uses double entry accounting which is a little hard to understand. So, instead of just saying you got paid $500 and plopping that in you checking accout it will transfer money from the INCOME account salary. Then if you pay for dinner you transfer money out of your checking account and into the EXPENSE account dining.
It is an awesome way to track your money but can be a bit much for those that just want a glorified balance ledger. - affanjam, on 10/10/2007, -1/+4Along with the sad no iPhone bandwagon
- bitcloud, on 10/10/2007, -0/+3It's not dead... it's just hibernating until the first DRAMATIC violation occurs....
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