A Web site that NEFE recently launched because we’re trying a different route to reach Americans.
Spendster.org is a site where people can go to confess the stuff that they shouldn’t have bought. The purpose of the site is to give people a chance to talk about what they could have done with the money if they hadn’t bought the junk, and to look at their needs and wants. The site has videos, photos, message boards, an interactive calculator, and articles to help people on their way to better spending. NEFE’s CEO and president, Ted Beck, came up with the concept of Spendster. On a trip to Los Angeles, Ted said, “Listen, everyone has a drawer at home full with junk. I doubt anyone has really sat down to think about how much money they’ve spent on it all.” So, the idea was born.
Tags: financial education, nefe, spending