{"id":7334,"date":"2023-03-24T14:47:53","date_gmt":"2023-03-24T14:47:53","guid":{"rendered":"https:\/\/www.wallstreetzen.com\/blog\/?p=7334"},"modified":"2026-05-19T09:34:03","modified_gmt":"2026-05-19T09:34:03","slug":"personal-capital-vs-mint","status":"publish","type":"post","link":"https:\/\/www.wallstreetzen.com\/blog\/personal-capital-vs-mint\/","title":{"rendered":"Personal Capital vs Mint: Which One Is Right for You?"},"content":{"rendered":"\n

If you\u2019re trying to choose between Personal Capital vs Mint to manage your money, I\u2019ve got good news – it\u2019s really not a difficult decision.<\/p>\n\n\n\n

While there is some overlap, these apps were designed for two very different types of users.<\/p>\n\n\n\n

Personal Capital (now Empower<\/a>) is better at helping you invest and manage your portfolio, while Mint<\/a> is much better at helping you budget and save your money.<\/p>\n\n\n\n

So it\u2019s really just a matter of figuring out which area, investing or budgeting, you need help with.<\/p>\n\n\n\n

Need help figuring it out? <\/p>\n\n\n\n

In this article, I\u2019ll make it abundantly clear which one, Personal Capital or Mint, is right for you. You\u2019ll learn about their features, what they have in common, and what sets them apart. <\/p>\n\n\n\n

Plus, since they\u2019re both free to use, I\u2019ll also talk about the pros and cons of using both in tandem.<\/p>\n\n\n\n

Quick update on Mint:<\/strong> Intuit shut down Mint as a standalone app in March 2024 and folded its features into Credit Karma. New sign-ups for the original Mint app aren’t available. The comparison below is still useful for understanding what Mint did well \u2014 and we’ve added a section further down on the closest replacement for readers who came here looking for a Mint alternative.\u00a0<\/p>\n\n\n\n

Summary: Personal Capital vs Mint<\/strong><\/h2>\n\n\n\n

Personal Capital vs Mint isn\u2019t actually a battle \u2014 they\u2019re not competing personal finance platforms. <\/p>\n\n\n\n

Rather, Personal Capital (Empower)<\/a> is an investment platform with few budgeting features, and Mint<\/a> is a budgeting platform with few investment features.<\/p>\n\n\n\n

<\/div><\/th>
Personal Capital (now Empower)<\/div><\/th>
Mint<\/div><\/th><\/tr><\/thead>
Best for:<\/div><\/td>
Investing<\/div><\/td>
Budgeting<\/div><\/td><\/tr>
Cost:<\/div><\/td>
Free<\/div><\/td>
Free<\/div><\/td><\/tr>
<\/div><\/td>
Sign Up<\/a><\/div><\/td>
Sign Up<\/a><\/div><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Personal Capital (Empower) is best for investing.<\/span> <\/strong>Although Personal Capital (Empower) does have some budgeting features, it focuses on investing and planning for future financial goals like retirement, buying a house, or saving for college.<\/p>\n\n\n\n

Mint is best for budgeting.<\/span><\/strong> Although Mint has some holistic net worth tracking features that include your investment portfolios, it focuses on your bank accounts, credit cards, and other loans to make budgeting and saving money easy.<\/p>\n\n\n\n

Let\u2019s break down Mint vs Personal Capital to help establish which one is right for you.<\/p>\n\n\n\n

What is Personal Capital (Empower)?<\/strong><\/h2>\n\n\n\n

Best for:<\/strong> Investing<\/p>\n\n\n\n

Cost:<\/strong> Free<\/p>\n\n\n

\n
\"Empower<\/a><\/figure><\/div>\n\n\n

Personal Capital (Empower) is an investment platform that helps you manage your investments, grow your net worth, and track your progress toward financial goals such as retirement, buying a house or car, saving for college, and more.<\/p>\n\n\n\n

Who is Personal Capital (Empower) Best For?<\/strong><\/h2>\n\n\n\n

If you already have a handle on your budget and savings, your next step should be building an investment portfolio. Personal Capital (Empower)<\/a> offers a variety of tools to take your investment strategy to the next level, whether you\u2019re just starting your investment journey or you\u2019re preparing for retirement.<\/p>\n\n\n\n

You can easily stay on top of your positions<\/a>, monitor your diversification, and track your progress toward your key financial goals. <\/p>\n\n\n\n

Plus, if you have multiple investment accounts (say one at Fidelity, two at TD Ameritrade, and one at Vanguard), Empower will aggregate your portfolios to show you the holistic view of your total investment mix.<\/p>\n\n\n\n

Personal Capital (Empower) Features:<\/strong><\/h2>\n\n\n\n

1. Dashboard<\/strong><\/h4>\n\n\n
\n
\"Personal<\/a><\/figure><\/div>\n\n\n

Empower\u2019s Dashboard<\/a> can be your \u201cinvestment headquarters.” The Dashboard shows you all of your accounts, positions, fees, and offers access to all of Empower\u2019s calculators.<\/p>\n\n\n\n

\n
Check out the Dashboard<\/strong><\/a><\/div>\n<\/div>\n\n\n\n

2. Retirement Planner<\/strong><\/h4>\n\n\n
\n
\"Personal<\/a><\/figure><\/div>\n\n\n

You don\u2019t need to guess if you will be prepared for retirement or not \u2014 there\u2019s a handy calculator for that!  <\/p>\n\n\n\n

Empower\u2019s Retirement Calculator<\/a> can project your future net worth based on current savings rates and returns, then provide targeted withdrawal rates depending on how much you\u2019re planning to spend.<\/p>\n\n\n\n

3. Investment Checkup<\/strong><\/h4>\n\n\n
\n
\"Personal<\/a><\/figure><\/div>\n\n\n

After importing your accounts into the Dashboard, the Investment Checkup<\/a> will:<\/p>\n\n\n\n