jinijALL ABOUT THE MONEY!
Sharing Your financial Information For Fun Can Be Dangerous
Have you guys heard of blippy.com. If not, it’s a website that allows individuals to share their purchases with everyone. I’m not sure what purpose this will serve or if its even a good idea, but people seems to be using it. I guess the Internet is not such a scary place any more and publicizing your personal financial information has become the thing to do. Maybe I’m just old school, but I don’t want anyone to even think they have a clue about what and when I buy anything.
It has been less than 7 years since people were terrified to use their credit cards to make purchases online. Now people are divulging there credit card information for the fun it. While I can see the benefit in sharing your information with sites like mint and yodlee which helps many people, I can not see any good in sharing your sensitive information with site like these. I will be the first to say that sharing personal financial information will shape up to be a dangerous trend if more sites like this start to pop up. I am sure that they are doing their best to protect your information, but why take the risk? Credit is not something you can clear up over night, it take years to fix even the smallest mistakes.
The world wide web only have a handful of original sites and the other umpteen billion are just copies, so I am sure there will be at least a few more sites like this in the future. Don’t get me wrong, I’m all for technology, but it has to have a purpose. As far as I can tell, this site is just for you to show off to your friends and complete strangers. Well, I hope that I am wrong about this trend thing, but only time can tell.
I try to give the best advice on debt and managing your money on this site and your financial information should be kept on a need to know basis. Identity theft is a real problem and destroys lives on a daily basis. The risk is far too great, just be giving out such sensitive financial information willy-nilly (Always wanted to use that in a article). That is my opinion anyway, maybe you guys see it in a different light.
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Been reading for a few days now. It was very good and insightful information. BTW, I like your site design as well. I enjoyed reading it and hopefully you will write more soon. Do you have a newsletter? How do I subscribe to the blog itself?