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Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: strider3700 on May 10, 2012, 10:26:50 PM

Title: Mint weekly mortgage payments and precious metals
Post by: strider3700 on May 10, 2012, 10:26:50 PM

After seeing it mentioned here enough I decided to set up mint.  So far it seems ok but I have a couple of issues that perhaps I'm not seeing how to do it. 

First - I pay my mortgage weekly.  I don't see a way to set anything to weekly payments in the budget.  How can I handle this? I also see that it thinks that I have a mortgage payment tomorrow of $0  I'm assuming this is all related?

Second - Is there any way to tie in precious metals?  I have a couple of gold and silver coins.  Assigning them a value is only good for a day or two.  Can it be linked to spot?

Thanks

Title: Re: Mint weekly mortgage payments and precious metals
Post by: velocistar237 on May 11, 2012, 08:10:56 AM

It looks like Mint only does monthly, multi-monthly, and once for its budget time frames. You could just put [365.25/12/7=] 4.35 times your weekly amount into your monthly budget and tell it to roll it over. It will average out. Kludgy, but it's a start.

Mint guesses your bill amounts based on your last bill, and maybe based on information from the bank. You can ignore the $0. It might eventually figure it out, and it might not.

For the second topic, Mint doesn't have anything better than what you do already.
http://satisfaction.mint.com/mint/topics/tracking_physical_gold_and_silver

You could change the value just once a month. In the long run, that's probably the shortest time scale that you will care about in terms of net worth.