Offers five tips to recover from a holiday spending hangover
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jan. 2, 2014--
Mint, the leading personal finance app
from Intuit Inc. (Nasdaq: INTU), is
beefing up the bank accounts of eight lucky people. Each week through
Jan. 31, 2014, two Mint users will receive $500 awards for simply
updating or creating a new budget within Mint.
get started, download the Mint app and log in between January 1 –
31. Select “Create a Budget” to adjust your current budget or create a
new one to be automatically entered to win a $500 gift card. Mint links
users to more than 20,000 different bank, credit card, loan and
investment accounts, making it easy to view most financial statements in
one place and get a better understanding of where their money is going.
Mint is free to download and use from the App
Store on iPhone, iPad and iPod touch as well as for Android
smartphone and tablets at Google
Play and on the Amazon Appstore. Mint is also available in the Windows
Store for Windows 8.1 and the Windows
Phone Store for Windows Phone 8.
"Every January, I commit to get my personal finances in shape and by
February, I've blown my budget," said Mike Tolliver of Pasadena, Calif.
"This year, I've downloaded the Mint app to organize my accounts in one
place and see where my money is going – at home and on the go. I'm
confident that with Mint, 2014 will be the year I actually stick to my
budget and save money."
How to recover from a holiday spending hangover
Throughout January, personal finance experts from Intuit’s Mint and Quicken,
the No.1 rated personal money
management software will share tips on getting your money in shape
for the New Year. Here are five ways to recover from excessive holiday
Hide credit cards: The best thing to do in order to avoid
overusing credit cards is to hide them or get rid of them. Can’t live
without them? Reduce the number of credit cards carried to one. Out of
sight is out of mind.
Avoid post-holiday temptations: Many people are lured by sales
in January and think that it’s a good idea to get a little more
shopping done. Then reality sets in and the bills arrive. The truth is
succumbing to these temptations just ends up digging an even deeper
Start tackling debt: Take a look at credit card bills and focus
on the cards that have the highest interest rates. Paying down debt on
these cards is the first step. With Mint, users can create budgets,
track expenses and set a goal to pay off credit card debt.
Return the unneeded and unwanted: Return or sell unneeded or
unwanted holiday gifts and get cash for them instead. Use the cash to
pay down holiday credit card debt.
Start saving for the 2014 holidays now: Put away some money
early, even $20 a month, to build up a cash reserve and avoid credit
card use during the holidays. Quicken’s “Your Savings Goal” page and
debt reduction tool helps track progress toward specific targets, such
as building an emergency fund or holiday shopping. An easy-to-read
chart lists all contributions made toward your goal.
“For 30 years, Intuit has been helping millions of consumers manage
their money and improve their financial lives,” said Barry
Saik, senior vice president and general manager of Intuit’s consumer
ecosystem group. “The New Year is the perfect time to resolve to
establish better money habits. It’s easy to get started with Mint or
Quicken so you can make sound financial choices in 2014 and beyond.”
Intuit Inc. creates business and
financial management solutions that simplify the business of life for
small businesses, consumers and accounting professionals.
Its flagship products and services include QuickBooks®,
Quicken® and TurboTax®,
which make it easier to manage small
businesses and payroll
processing, personal finance,
and tax preparation and filing.
Mint.com provides a fresh, easy and
intelligent way for people to manage their money, while Demandforce®
offers marketing and communication tools for small businesses. ProSeries®
and Lacerte® are Intuit's
leading tax preparation offerings for professional accountants.
Founded in 1983, Intuit had revenue of $4.2 billion in its fiscal year
2013. The company has approximately 8,000 employees with major offices
in the United States, Canada,
the United Kingdom, India
and other locations. More information can be found at www.intuit.com.
Source: Intuit Inc.
Holly Perez, 650-944-6482