Mint.com acquired by Intuit

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According to an email sent out Monday to all users of Mint.com, the site has entered into an agreement to be purchased by Intuit (makers of Turbo Tax and Quicken)

Never fear though – Mint.com isn’t going to become just another Quicken. As the company acknowledges, each site serves different needs and targets different users and each site will be marketed separately.

From the Founder/CEO’s email:

What’s not going to change

Mint.com will stay the way you like it: free, easy-to-use and constantly improving.

What will change

As outlined in today’s press release and my blog post, after the acquisition closes, the Mint.com team will contribute to improving the financial lives of tens of millions of consumers and small businesses. I’ll personally be taking on the role of GM of Intuit’s Personal Finance group responsible for online, desktop and mobile consumer personal finance offerings. Joining Intuit enables us to bring our vision of helping consumers understand and do more with their money to millions of Intuit customers.  This is a compelling combination of our innovative product, technology, and industry leading user interface design with one of the most trusted brands in software.

Read the press release here.

Read my recent post on Mint.com’s features here.

Track Your Money with Mint.com

Almost all banks give you access to online banking, so Mint.com isn’t a novelty in that regard. But what makes it unique is the extra tools that it offers.

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How to budget with Mint.com ..

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View graphs of your spending

See your spending

Tools to help you reduce your debt

Access it anywhere, choose what you’d like to have texted to your phone; there is also an iPhone app…

Mint.com is completely secure: no money gets moved around; they use the same security as banks.

It’s free and easy to use.