Personal Finance 2.0

I am not sold on social networks and stock picking, at least the message board and digg copycat solutions.

We are starting to see the convergence of Personal Finance and Social Networking and that has way more potential.

We live in a money culture. A vast majority are ALWAYS worried about it. Combining social networking with personal finance is a logical extension. If a million yahoo’s will watch Suze Orman spew her credit card and mattress message, there must be a way for a conversation to happen (without her).

The Wall Street Jounal has a good piece outlining a lot of the new players and is a good reference point to start your research .

With Wallstrip, I committed to the space. There will be much trial and error.

I think less is more in this space. People make it too complicated. Ideas are always welcome.