Press and Blogger Central / Press Release

Martha Shaughnessy
AtomicPR for Mint

Money Management Counseling and Cash Prizes for Two Winners Help Them Alleviate Holiday Debt and Survive Tax Season

Mountain View, Calif., April 1, 2008 – Money Management counseling and cash prizes will help two contest winners to handle their holiday debt. (, the fresh, free, easy and intelligent way for people to manage their money online, today announced the winners of its “Holiday Spending Hangover” contest, launched in January to help reduce personal debt accumulated over the 2007 holiday season.

Daryl B., of San Francisco, won the video portion of the contest for his “Daddy Needs a New Pair of Shoes” submission, and Mary B., of Somerville, Massachusetts., won the written portion for a heartfelt tale of financial woe, called “All You Need is Love (and Lots of Money)!”. Both entries can be viewed at

“The videos and stories submitted for our contest brought to life what a challenge money management is for a lot of people,” said Aaron Patzer, founder and CEO of Mint. “It’s our hope that the prizes awarded can help the winners get back on their feet, financially. And with the help of Mint’s expense tracking tools – which anyone can use for free – it’ll be easier to stay out of debt in the future.”

“Being debt-free allows me to save money and help out family and friends in times of need,” said the San Francisco resident. “After I pay the bills, I will track where my money goes very carefully.”

The winners each received more than $3,500 in cash, and will receive free credit counseling provided by InCharge® Debt Solutions, Inc., a leading U.S. credit counseling organization. InCharge was a key supporter of the contest, providing financial education and debt resolution assistance for the winners.

Contestants’ stories about their “holiday debt-ache” were submitted in video or in writing. Thousands of site visitors voted to determine the top ten submissions in each category. Those entries were then judged on their originality, creativity, humor and relevance to the Holiday Spending Hangover theme to determine the two Grand Prize winners. Winners received the amount of their credit card balances, as of December 31, 2007, – along with free credit counseling.

A full list of contest rules, entry, and award details can be found at

More than 200,000 people are now using Mint for effortless money management. For more information on how works, please visit

About Mint is the leading online personal finance service, providing more than 200,000 users a fresh, easy and intelligent way to manage their money online. And it’s free. Mint is currently managing over $10 billion in transactions and has identified more than $100 million in potential savings for its users. Designed to be effortless, takes less than five minutes to set up. Users register anonymously using only a valid email address. Mint then does the rest, securely downloading transaction data from more than 6,500 bank, credit card and investment accounts on a daily basis. Users never need to import or synch their data. Mint applies patent-pending technology and proprietary algorithms to categorize transactions; provide a unified view of all account activity; alert users to low balances, bank fees, upcoming bills, and even potentially suspicious account activity; and give users personalized suggestions for significant savings opportunities. Mint is rated top in its category by PC World and PC Magazine and has received two Webby awards since the September, 2007 launch of its public beta service.

Mint’s management team includes seasoned industry veterans drawn from the ranks of Charles Schwab & Co., eBay, Expedia, Intuit, PGP and other leaders in the finance, security and software spaces. Investors include top venture capital firms and prominent individuals associated with companies including Blue Nile, Google, Intuit, PassMark Security, PayPal, Yahoo! and others.

For more information on’s free online personal finance service, please visit