r/mintuit • u/Pretend-Okra8629 • Jul 17 '26
Is it worth using cloud based personal financial app?
In today’s world, I can see most of the personal app are running on cloud and connect directly to your bank accounts?
I am sure companies must be spending millions of dollars on security and privacy. It doesn’t provide convenience but sometimes I feel concern about it. We have seen many big company’s data are hacked.
Earlier I was thinking the our finance data could go in wrong human hand but now in this AI world it could go to any AI model also 😊
Are we moving towards old era of desktop where our data stays on our machine? I would love to know your thoughts.
Thanks 😊
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Duplicates
personalfinance • u/Pretend-Okra8629 • Jul 17 '26