What a brilliant premise: Wesabe is a new social web app for personal finance, founded by Jason Knight and Marc Hedlund. The idea is that it’s an attempt to harness collective wisdom about finance and spending decisions — both big and small.

The biggest problems facing an online site dealing with personal finance data, of course, are privacy and security. Wesabe recognizes this, and they talk about their policies and procedures clearly and plainly.

Definitely worth checking out.

Tuesday, 21 November 2006