Social Finance Websites

We’ve been noticing a lot of social finance and investment websites cropping up, like Covestor and Wesabe.

These new money-management sites do things like point out that you are spending a disproportionate amount of money on frivolous things. Okay, we don’t need some third-party software telling us we spend 50% of our salary at Barney’s. But we could see how this might be helpful for the truly budget-conscious.

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