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There are many personal-finance software packages that help people track their money, including the industry mastodon, Intuit's Quicken, which dwarfs Mint with 15 million users. But consumers have taken a liking to online money management, mostly because it's free. Microsoft stopped developing its Money program in June, and Intuit started offering Quicken Online for free in October 2008. Banks, too, have started to offer a similar service to their customers, but somehow, having an outside party monitor your bank seems like a better idea. Mint makes some money - it's unclear how much - by recommending credit cards...
...idea thought people would simply never be bold enough to hand over all that information - Patzer himself admits to some early doubts. Turns out they underestimated how lazy or desperate we all are. In its first month, Mint signed up 50,000 users. At sale time, it had 1.5 million. (See pictures of expensive things that money...
...problem, and the world is yours," he told a blogger earlier this year. The site won a lot of awards from the media, which helped it gain the credibility it needed to get people to hand over their financial data. You don't get from zero dollars to $170 million in market value in three years without knowing a thing or two about money...
...five months since Faculty of Arts and Sciences Dean Michael D. Smith held a town hall meeting with the FAS community regarding a then-$220 million deficit, proposed solutions to the budgetary quagmire have been scant, breeding confusion among faculty and staff, who hope that this afternoon’s “Discussion with the Dean” will end the dry spell...
...town hall meeting in April, Smith called for a broad-based restructuring of FAS to close a $220 million deficit over the next two years. In May, $77 million of possible savings proposed by FAS units were implemented in a sweeping round of cuts, which later included mass layoffs for staff. Smith charged six working groups with identifying the remaining $143 million. Those groups have seen varying degrees of progress since their creation...