Worth a Mint
I’m a long-time user of Quicken, but Intuit hasn’t been making Mac customers very happy recently. The current version of Quicken is from 2007 and it shows its age. It never really behaved like a Mac OSX application, and it’s a bit buggy. It’s feature rich in the same way that MS Word is—meaning I don’t use or even know about a large percentage of the features. And they keep postponing the next version. I believe they are currently claiming February. I just updated to Snow Leopard, and it had to install Rosetta for Quicken to run. I also had to run an updater for the security keys it uses after it failed to communicate with my bank.
I’ve been looking at some of the competitors that have been released in the last year or so, such as Squirrel, which won an Apple Design Award in 2008, and Midnight Apps’ Cha-Ching. Both of these look quite attractive with their slick visualizations and iPhone apps. However, it doesn’t appear that they will interface directly with banks and credit cards—a capability that I rely on in Quicken.
Just last weekend, I decided to try out Mint, which I have heard a lot about from the design community. Unfortunately, it doesn’t currently interface correctly with my bank, so I didn’t get very far with it. But I received an intriguing email just before I left my office yesterday.
Thank you for being a part of what’s becoming a revolution in active personal financial management. I’m excited to say that Mint.com and Intuit are coming together to take personal finance to the next level. Mint.com has entered into an agreement to be purchased by Intuit. Once the acquisition closes, Mint.com will have the opportunity to spread that revolution to more people, more quickly, together with one of the world’s strongest software brands. The acquisition is expected to close by the end of 2009.
Aaron Patzer, Mint’s founder and CEO, will become General Manager of Intuit’s Personal Finance group, which is “…responsible for online, desktop and mobile consumer personal finance offerings.”
This could be huge for Intuit. It could also be huge for Intuit’s customers. Here’s hoping Aaron is able to do as great a job with Intuit’s products as he has with Mint.

