Archive for March 27th, 2008

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Many people have asked me why I blog about personal things such as my money. My answer isn’t usually that easy, but it boils down to a couple things: support and networking.

These two things are important to me because I obviously cannot do this alone. I look to the readers for support and help on my trials and tribulations. The readers here at Walletpop have been instrumental in helping me get to where I am now, even though I still have a LONG way to go.

There are many other personal finance sites out there: Mint, Wesabe, NetworthIQ to name a few. I’ve signed up and used all those sites. Each one of those has it’s own strength’s and weaknesses. One thing that they’re missing is community. There is such a steep learning curve to financial issues, whether it’s figuring out which credit cards to sign up for, how to consolidate a student loan, how to go about getting a mortgage, what on earth an IRA is–whatever. Sometimes people can feel alienated by their lack of experience or their debt. There are countless other people out there that are going through the same things we could all learn from each other.That is where Debtsy fills the void. Located at http://www.debtsy.com, Debtsy, currently in private beta, fills the void that all those other sites seem to miss. They tend to focus on syncing with your accounts and automatic notifications and things like that. Those features seem redundant to me. The people who I have met on the web through personal finance blogging don’t need reminders or syncing utilities that are always out of date. They want simple tools to track their finances and more than anything else, community. I have been using Debtsy for 3 days now and love it. The site is under constant development so new features are being rolled out all the time.

Think of Debtsy as the “Facebook” of personal finance. You build your page, add your accounts, you can even set goals for your personal finance goals. You can add friends and create groups to meet people that share the same goals/problems as you. As a community, everyone can help improve their situations.

As I mentioned, Debtsy is currently in private beta; however, Debtsy founders have given me a select number of invites to issue out to Walletpop readers. To receive an invite, send an email to abelicio@gmail.com.

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We’ve covered Animoto before. It’s a rocking web app that allows you to create a music video with your own pics or video in about 5 minutes or less. Now, Animoto has recently won the Film/TV Web award at the 2008 SXSW conference and has some new features we thought deserved a revisit.

For starters, Animoto has a new Facebook app which grants you to produce unlimited free 30 seconds spots using your Facebook photos. If any of your pics are tagged with your Facebook friends’ names, they too will get an alert in their News Feed informing them.

If you’re not too excited by that, (is it possible to get excited by Facebook apps anymore?), you can also now export any of your Animoto videos directly to YouTube by clicking a tiny button. The beauty here is there’s no video camera or video editing software required to produce professional results.

And there’s the ability to post your videos to most each social network around, like: MySpace, Friendster, Blogger, TypePad, Freewebs, Webwag, Pageflakes, Netvibes, Windows Live.com, iGoogle, Orkut, Hi5, LiveJournal, Xanga, myYearbook, LiveSpaces, Tagged, Multiply, BlackPlanet, Eons, Piczo, and Vox.

In our previous post, we stated we wanted the ability to add text to the pics. Apparently that idea has registered with Animoto but it is not live yet. A work around is to add your text to a photo and save it as a JPG or GIF and upload it like your other photos. They’re also still working on the capability to send videos to cellphones and downloading videos to your personal.

No word yet on a Lessig Method video tool. Now, wouldn’t that be something?

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