Site Seeing: SmartyPig.com

July 20, 2009 12:00:00 AM PDT
Remember that piggy bank you had as a child? The lesson of saving for a rainy day is needed now, more than ever.-----------------------------------------------------------------------------------------------
Smartypig.com
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In this week's edition of Site Seeing, it turns out the internet has a 21st-century version of the piggy bank.

One of the lessons from the current economic meltdown is: be careful what you buy, especially if you don't have the money.

But the credit crunch doesn't mean we still can't go on that vacation or buy that new gadget, it just means we should be smarter about putting aside the money to do so.

That's where sites like Smartypig.com promise to help. It's one of many similar websites like mint and thrive focused on teaching people how to save.

Smartypig.com is simple. First set up a free account. Choose a savings goal and then put the extra money away. Smartypig.com will then keep track of how much money you need to save and how long you need to save it. And if you have a large goal and need some extra help, Smartypig.com allows friends to chip in via social networking sites like Facebook or MySpace.

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