Why you should change your Mint.com and other budgeting account passwords

  | 
Team Clark is adamant that we will never write content influenced by or paid for by an advertiser. To support our work, we do make money from some links to companies and deals on our site. Learn more about our guarantee here.

If you use Mint.com or a similar type of software’s personal budgeting tools, money expert Clark Howard says you may want to change your password right away!

Read more: Budgeting basics: What you need to know to get started

Is your Mint.com password safe? Follow Clark’s advice

On the radio show, Clark told a caller named Kurt to use a different password on Mint.com than the password for any other financial institution: bank, brokerage firm, credit union, etc.

“If a criminal hacks into your Mint account and you use a common password, they know everything you’ve got at that point,” Clark said.

Listen to Clark’s advice for Kurt on the Clark Howard Show Podcast

Remembering different passwords is difficult. That’s why Clark likes Dashlane, a free digital password manager that securely tracks your passwords so you don’t forget them again.

And when you’re creating passwords, add length and complexity — the more unique, the harder they are to hack.

“If you’re using the same password on different financial sites, you’re at risk,” Clark said. “I go further and use a different password on every financial institution that I use.”

Read more: 5 timeless tips from my grandmother that can save you money

Common Cents: Budgeting 101

This post was last modified on January 24, 2019 1:47 pm

Recent Posts

Why Do Costco and Target Allow Cell Phone Salespeople? And Are They Legit?

You walk into a Costco browsing for treasures and hoping to find some delicious free…

9 hours ago

Chase Increases Sign-up Bonus for Popular Credit Cards for Limited Time

If you've been considering signing up for one of the Chase Sapphire credit cards, now…

3 days ago

6 Home Expenses You Have To Budget For (Beyond Your Mortgage)

The costs associated with owning a home go way beyond the amount on the mortgage. …

3 days ago

Should I Pay Off My Mortgage Before Retirement or Invest?

Inflation hits people on a fixed income the hardest. Say you're retired. You're living off…

3 days ago

Should I Fire My 1% Financial Advisor To Save on Fees?

Deciding to save and invest are great habits. But once you check that box, your…

4 days ago

Fubo Drops Popular Channels Amid Dispute with Warner Bros. Discovery

If you're considering subscribing to Fubo, you need to be comfortable missing out on some…

5 days ago