meta_pixel
Tapesearch Logo
Log in
The Jesse Mecham Show

BONUS: Goodbye Mint, Hello YNAB

The Jesse Mecham Show

YNAB

Kids & Family, Education

4.71.1K Ratings

🗓️ 3 November 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

Breaking news! On November 2, 2023 Intuit announced that it would be shutting down Mint, a popular personal finance app it acquired back in 2009. In January 2024, millions of users will be left looking for a replacement budgeting app. Intuit is directing users to its Credit Karma service, but it's unclear yet whether it will offer the budgeting and expense tracking features Mint was known for.

 

YNAB, however, still remains! Jesse points out that YNAB may not be the right solution for every Mint user -- after all, YNAB aims to help you change your behavior and thinking around spending, not just track your expenses and produce pretty graphs. As Jesse puts it, YNAB is like the movie Minority Report, where robots can predict the future and prevent crime before it happens. Mint, on the other hand, is like an episode of CSI, where there's a dead body, and everyone is trying to figure out why it happened. Mint is good at tracking expenses and telling you what happened in the past, but it leaves it up to you to determine why those things happened and how to prevent problems in the future. YNAB encourages you to create a plan for your dollars and anticipate future expenses, so that you can solve financial problems before they happen. And, because life is complex and ever-evolving, YNAB helps you roll with the punches and adjust your plan as you go. Oh, and YNAB won't try to sell you on credit cards, pay as you go plans, or other debt either.

 

So if you have left Mint and are looking for a new, more powerful approach to your personal finance goals, consider YNAB!

 

Got a question for Jesse? Send him an email:

askjesse@ynab.com

 

Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

 

Follow YNAB on social media:

Facebook: @iYNAB

Instagram: @youneedabudget

Twitter: @ynab

Tik Tok: @ynabofficial

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, Wineabbers. My name is Jesse Meekham with another episode of the

0:07.8

Wineab podcast where we help you spend, save, and give joyfully, without guilt or second guessing but the objective is changing

0:16.9

behavior better decisions a different future regardless of the past whatever that may have been and this is a bit

0:27.8

of a special episode because this is time sensitive I found out from a buddy that sent me a text of a screenshot of an article

0:36.4

that into it is rolling up mint, which has been since, gosh, 2008, a leading personal finance application.

0:49.8

And they came on by storm and then into it bought them a couple years later, I think.

0:57.0

And then it just kind of sat and that was that.

1:00.7

And we just kind of, you know, I watched him come, well capitalized, well executed, I mean good on

1:06.3

every front in my opinion.

1:08.6

And then I watched him just kind of sit.

1:10.4

So the thought was that Intuit bought this consumer platform because then they could

1:17.8

upsell you know turbo tax services into it and I don't know what kind of market

1:21.8

penetration Int it enjoys with

1:24.0

TurboTax in the United States. You know I don't know if they're like hey man

1:26.8

there's still so much here to grab or like it was a new generation of

1:29.8

customers or whatever but that was the case so it was just announced that

1:33.9

Intuit is shutting down mint at the end of the year and they're rolling everyone

1:38.8

into credit karma which is I had forgotten this but into it also had bought them.

1:43.0

I think it was like in I mean for a lot I don't know what the price tag was but I feel like it was it was so

1:50.3

Shockingly high not shocking like it was a bad decision decision but just like wow that is a lot of money

1:54.8

that kind of shockingly. Anyway so what we're seeing now is people that are saying

2:00.8

where's my mint and it's not going to be there and they're looking to

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from YNAB, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of YNAB and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.