How do I use Mint by Intuit to set an income goal? As a gig worker, I have several sources of income and want to make sure each gig hits a certain financial goal.
I've used Mint for years to track budgets, but with the gig economy making up most of my income, I need it to do more. It has a nice goal tracker for getting rid of credit card debt, raising credit score, etc, but what about tracking income sources? I'd like to make sure gig A is earning at least X dollars and gig B earns Y amount. How do I use Mint to do this?
Answers ( 1 )
I've been using Mint for the better part of a decade so when I saw this I thought "Hey, good question, I wonder how you WOULD do that." So I opened it up and took a crack at it.
At first I thought the best way to do this would be to establish tags for your specific gigs, and then instead of using goals, use trends.
1) Get income from Gig A, it shows up in your "transactions" list
2) Open the "Edit details tab"
3) Create a tag, "Gig A"
4) Put in a rule always adding that Tag to income from that source.
BUT I double checked and you can't create rules for Tags. Grrr.
You CAN, however, create a new category for that income
Follow steps 1 & 2 above
3) click the arrows for the dropdown on Category
4) Select the Income category, then select "Add/Edit Categories"
5) Select Add a category. Call it "Gig A" category.
6) Now, when you go into the "edit details" you should see the option to create a Rule - always categorize these transactions as "Gig A"
When you've done that for your various Gigs, you can go to the "Trends" section, select Income by Category, and they should all show up - if you want to see how "Gig A" did over the last X months, you can filter only transactions that match "Gig A."
Mint is pretty powerful once you learn how to talk to it. I don't think "Budgets" are the right answer here, but someone else might have a better answer - good luck!