Updates Mint’s New Goal Helps You Pay Down Student, Auto and Personal Loans Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Mint Published Feb 22, 2011 2 min read Advertising Disclosure The views expressed on this blog are those of the bloggers, and not necessarily those of Intuit. Third-party blogger may have received compensation for their time and services. Click here to read full disclosure on third-party bloggers. This blog does not provide legal, financial, accounting or tax advice. The content on this blog is "as is" and carries no warranties. Intuit does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog. After 20 days, comments are closed on posts. Intuit may, but has no obligation to, monitor comments. Comments that include profanity or abusive language will not be posted. Click here to read full Terms of Service. Save more, spend smarter, and make your money go further Sign up for Free Since we launched the Goals feature last summer, our users have created over a million goals. Most popular has bean the “Pay Off Debt” goal: not surprising considering that when you are loaded down with debt already, it’s probably not the best time to be thinking about purchasing a new iPad or saving for a new car or exotic trip. We have now updated the feature to make it even easier to create a debt-reduction plan for credit cards and, for the first time, student loan debt. Getting out of debt can seem intimidating, so one new feature we introduced to the “Pay Off Credit Card Debt” and the “Pay Off Loans” goals is breaking the set-up process down, so that users get a detailed payment plan in addition to a series of action steps, each of which bring you closer to achieving your goal. The new features of Mint.com’s step-by-step Debt goals allow users to: • Break down debt: Create separate goals by debt type: credit cards or loans. • Create a payment plan: See how changing monthly payment affects interest paid, money saved and when the debt will be paid off. • Take a comprehensive look at debt: Create a 6-month payment plan detailing monthly payments for each debt. • Develop an action plan: Take steps to find the best and fastest way to get out of debt and optimize savings. In addition to providing a step-by-step guide to help people easily determine how much money they’ll need to achieve their ultimate goal, Mint.com also offers educational tools that can be applied to all aspects of personal finance from budgeting to long-term planning. Further tips and advice are provided through Mint Answers and Mint’s Drop Your Debt Challenge that pits 10 city teams against one another to see which city can most improve its debt-to-savings ratio. Save more, spend smarter, and make your money go further Sign up for Free Previous Post Manage Your Mint.com Account Anytime, Anywhere with Updated iPhone App Next Post Your Credit Questions, Answered: Video Q&A With John Ulzheimer Written by Mint Mint is passionate about helping you to achieve financial goals through education and with powerful tools, personalized insights, and much more. More from Mint Browse Related Articles Financial Planning Crushing Your Financial Goals Through Consistency and T… Financial Goals Real Minter Story: Kimberly Relationships The Top 4 Financial Goals You Should be Setting at 25 Relationships The First Step To Achieving Your Goals Is Having The #R… Debt 10 Steps to Paying off Your Debt Financial Planning How to Create Your Own Debt Reduction Plan How To How to Stay Debt-Free Financial Planning Life After Debt: Now What? Budgeting 101 Chapter 10: Set Up Your Mint Goals Financial Planning Which Debt Should I Pay Off First?
