Mint is mainly used to track cashflows and budgeting, whereas, Wealthica is mainly used to track the performance of your assets such as bank accounts, properties, investment portfolios, cryptocurrencies etc.
Wealthica and Mint are both fintech apps that are networth trackers. You can open an account in jiffy with both these apps and enter your details. They automatically sync information, accumulate it into one platform and determine your financial health. In addition to your bank accounts, investment accounts and loan accounts, you can also manually enter your physical assets, such as real estate, gold etc. They are both associated and supported by a large number of financial institutions.
As mentioned above, both the apps have many similarities. Let us explore what the differences are between these apps:
8.With Wealthica you can track your crypto-currencies, whereas, you cannot do the same with Mint.
People have started giving importance to financial planning as it gives you a clear picture of where you are and you can efficiently plan for your future using these money management apps. With proper financial planning, you will not have the need to face monetary panic attacks in case of emergencies. Hence, it is important to use such apps to effectively and quickly plan your personal finances. You can choose either of the apps, based on your personal needs. There are a number of similar apps that are sprouting, such as Kubera, Wealthsimple, Passiv, Pocketsmith etc.