The Get Rich Slowly blog has done a nice review of Mint, an online financial management tool. Mint combines all of your online financial information into one handy dashboard. It’s a good idea, although not an original one. The readers at GetRichSlowly did bring up some valid concerns though… not the least of which is the security implications of handing over all of your online banking passwords to a third-party. Now, I’m sure that we don’t have to worry about bad intentions by Mint. But, their database has to be a gold mine for identity thieves (or thieves in general). They also partner with Yodlee which adds another party of the mix.

I love the idea, but I don’t see how it can be executed to the level of security that most people would feel comfortable with. Maybe with deep integration in to the banks, but the banks wont likely go for that as they have competing products of their own.