Crushing Your Financial Goals Through Consistency and Transparency

Hersh, a production finance executive from Los Angeles shared with us his experience using Mint, and how it helped him to achieve his financial goals.

We love hearing about how people are leveraging the power of Mint to stay on top of their finances. Whether it’s acing your savings goals, or paying off your credit card debt, every win counts and we love celebrating those wins with you all.

Read on to learn about his #EmpowerMint story.

I downloaded Mint in 2012 and have since used it to review my finances on a monthly basis. However, I didn’t really properly start using it until 2018 when I decided to aggressively start paying off my grad student debt. 

I had around $80K of $125K loans left at the time after paying down $45K in about 2 years. Knowing it would take some effort and massive action in paying off such a large sum within my new 5 year goal, I decided to use Mint’s budgeting and expense tracking features to make sure I was staying within my means and putting every extra dollar towards paying down my loan. I needed a platform where I could see all my credit card, bank, and investment accounts in one place, and Mint provided me with that and more.

I paid off $125K in student debt in a little over 3 years with Mint’s help because I was able to better manage my finances using Mint’s budgeting and expense tracking features. I went from a 5 year goal to achieving it in 3+ years. Achieving this goal also led me to becoming a financial coach to help even more individuals pay off their student debt, better manage their personal finances and start investing. I make sure my clients download and track their expenses in Mint so they too can benefit like I did.

I love that Mint offers programs and opportunities for users to win cash towards their expenses by simply using the app more frequently. I already use the app everyday, and I find this feature helpful in spreading more financial awareness and frequency of managing our personal finances proactively.

If it wasn’t for Mint helping me aggregate my accounts and create a budget all in one place, I would have never seen my finances from an aerial view or been motivated to aggressively pay off $125K of my student debt in 3 years. It’s the one app I use everyday to track my Net Worth progress and one I always recommend to all my coaching clients.

Take it from Hersh, consistent tracking and hard work definitely pays off. Comment below with how Mint has helped you and if you’d like to share your story, reach out to us on social!