Spendster.org - Learn How To Save

In the words of the team behind it, Spendster will let you “share your story of impulse buying, over-spending or just plain wasting money on the stuff you don’t need.” In a certain sense, this web-based endeavor could be compared to a confessional where individuals can talk about their unnecessary expenses and see how much they could have saved in the first place.

Upon visiting the site, you can read stories that have been posted by others, together with videos files. Then, you can share your own experiences and calculate the amount that has been misspent. That could turn out a painful experience, but it serves a good purpose, as you will quickly realize what could have been saved had the money been put to a productive use.

The site also includes a shoutbox for random rantings and ravings along with links to related blogs of interest, whereas a “More stuff” category contains additional advice on saving and cutting on expenses.

“Share your story of impulse buying, over-spending or just plain wasting money on the stuff you don't need.”

It is a healthy start towards opening your eyes and start saving more efficiently.

Are there similar websites, or is this one a forerunner?