By Terry Savage
Tribune News Service.
The New Year brings an entirely new way to manage your daily finances, allowing you to both receive and pay your bills from your smartphone. And it’s free! Mint Bills is a new Web app from Intuit, parent company of Quicken desktop software and the popular Mint money tracking service for mobile devices.
Mint Bills adds the final piece to the puzzle of personal finances. The original Mint gave you power to categorize your spending, budget for money management, and receive real-time text alerts to notify you of impending overdrafts or overspending of your budget categories.
But you couldn’t actually pay your bills with Mint.
Now Mint Bills not only lets you pay your bills on your mobile device and on the Web, but it also lets you receive bills and then pay them instantly. That two-way bill payment connection is the vital link that has been missing when it comes to staying on top of your finances any place, any time, with absolute security.
This free app (you can download for iOS or Android or sign up at MintBills.com) is easy enough for even non-techie to use. Setting up the app takes only minutes. You’re prompted to choose among the largest billers in your zip code, such as utilities, but you can also set up other billers in Mint Bills. Then the app will reach out to those billers and, as soon as your bill is created, you will be receive push notifications and email. No more waiting for the bills to arrive in the mail. No more checking multiple websites to see if your bill has been posted. You have the choice: pay now, pay on the due date in a few weeks, pay a partial amount, or pay using your credit card.