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Economic Crisis Is Economic Opportunity For Online Money Management

by glu on September 18, 2008

  • BillShrink, a startup currently known for its phone bill savings suggestion system, has expanded its cost-cutting offering to the credit card sphere.
  • Despite competition in the online personal finance space from last years TC40 winner Mint, BillShrink hopes to emphasize its comparison-based interface to help users choose the credit cards, based on a few income and spending habit inputs, that will save them the most money.
  • Online finance sites are starting to feel like social networking sites in that they require a lot of personal information in order to achieve “ideal results.”  Except that a fiasco on a social network results in empty pride, while a personal finance fiasco results in an empty bank account.

Can Mint implement this feature fast enough to make BillShrink irrelevant?

Made tiny from: TechCrunch.com original post

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