Ever feel you have no idea where all your money goes? With energy prices along with everything else skyrocketing to unheard of heights, staying on top of your finances is crucial.  There is software you can purchase to help you keep track of income and expenses, but much of it is expensive and rather cumbersome and time consuming to use.

A new web based solution has recently become available that is not only easy to use, but free. 

Mint.com offers its users a quick and easy way to gather and track all your financial information in one simple, secure online solution.

All Your Financial Information Accessible in One Place

Instead of having to remember logins and passwords to multiple websites to track all your financial accounts, Mint.com offers a convenient, one stop online destination to gather and track all your financial data. Currently, Mint.com connects with over 6,500 financial institutions in the United States.

Always Up to Date

Mint.com keeps all your information up to date by retrieving balance and transaction information automatically. You’re most recent information is always accessible without having to deal with separate desktop software, spreadsheets or manually entering information. It’s all right in one place, stored securely online, anytime you need it.

You’ll Always Know Where Your Money Goes

Mint.com will also automatically categorize all your transactions to easily gauge what you’re spending your money on and how much. You’ll also have access to budgeting and reporting tools you can use to analyze trends and other spending information to finally get a grip on your money.  Mint.com also makes it easy to track cash expenses by splitting spending amounts into multiple categories.

Set-up Custom Alerts to Track Account Activity

Mint.com gives you the ability to set custom email or text message alerts to track a number of financial related activities.

Currently you can have alerts to notify you of: low balances in your checking or savings accounts, credit card due dates, low credit, going over budgeted amounts, high spending based on your personal history, bank and ATM fees, large purchases and deposits, or any high or unusual spending in any of your personal budget categories.

Click here for more information on Mint.com’s security policy and procedures.

I invite your comments regarding thoughts and experiences with Mint.com services.