Ask Clark: How Safe Is


Millions of Americans use free personal finance apps like to track their spending, but many people still have reservations about whether it’s safe to link bank accounts with online budgeting tools.

Should You Trust 

Money expert Clark Howard frequently gets calls on his radio show from people who want to know if Mint and other budgeting tools are safe to use.

Clark says there’s no such thing as a hack-proof website, but he’s still a fan of

I’m asked repeatedly about Mint, how safe is it? We live in an era where no matter what encryption level people are using, whatever security, there are vulnerabilities in the system. That’s possible. But what I know is that the power of these tools to help you get your spending under control is so great that I think that power outweighs the risk of the potential vulnerabilities of any financial tool or any site or any app.

Listen to Clark talk about security on The Clark Howard Show Podcast:

More Information

Personal finance apps like Mint need your login user name and passwords to organize and manage your accounts.

“Login user name and passwords are stored securely in a separate database using multi-layered hardware and software encryption,” Mint said on its security FAQ page.

Mint, which comes from the makers of TurboTax and QuickBooks, also uses multi-factor authentication.

To protect your account, Mint suggests that you create strong passwords, never share your passwords, use virus protection and a firewall on your computer, and don’t install programs from unknown sources.

Do you need Clark’s help with a money-related issue? You can submit a question online at

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