Sharing your (wasted) spending stories

Posted by Ted McEnroe November 6, 2008 at 1:25 pm

OK, this one won’t make you save money immediately, but it does let you have a little fun with the money you have already wasted. The National Endowment for Financial Education has launched a new website at spendster.org that lets you track just how much money you have spent on things that you don’t use, never needed, or just bought on a whim.

The site lets you post videos telling your stories, provides ways to calculate the effect of your wasted spending (by factoring in credit card interest, and so on versus saving the money), and so on. I have only played with it a little, but it does seem to take some of the pain out of where you’ve somehow spent all that cash.

Here’s one video example:

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