Aaron Patzer started Mint.com out of frustration in November, 2005 when he just wanted to create a rough budget for his holiday spending -- and found it was too time-consuming to get that done using his desktop software. Because he was planning for gifts and travel expenses, and thinking ahead to the New Year, he wanted to see what he was spending and saving in a typical month. But after spending several hours trying to get his records up to date, he began to wonder why there wasn't a program that could do this for him automatically, so he set to work creating one. The result is a breakthrough product launched in September, 2007: Mint.com , the fresh, free, easy and intelligent way for people to manage their money online.
The revolutionary engine behind Mint.com is its patent-pending technology that automatically classifies transactions. This allows Mint.com to do almost everything automatically in a way that Quicken and other personal finance management software programs don't. Mint's already giving useful information to nearly 100,000 users without making them pore over bank statements and enter transactions into software programs. And Mint is free.