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A Twitter for Credit Card Purchases?

Are the intimate details of your daily spending and personal finances too private? Then have I got a site for you.

If Facebook, MySpace and LinkedIn don’t let you share enough of yourself to a dubious group of “friends” then I proudly present to you a new service called Blippy. The site, still in beta, allows you to send information on individual credit card purchases to your online social network. Why anyone would actually want to do this is another thing.

The New York Times broke the news of Blippy in a recent article which explains how Blippy got started, but not why it’s needed.

Blippy’s founder, Philip Kaplan, is an Internet mogul who doesn’t have any problem with TMI. On his wedding day he sent out the follwing tweet : “Getting married. About to walk down aisle. Putting phone on vibrate.”

Another of his other projects made him rich when in in 2002, he created the AdBrite network, which places ads on more than 100,000 affiliated sites and had 2008 revenue of $31.6 million.

Kaplan has had his finger on the pulse of the web for a long time now, so maybe Blippy does have legs.

Come to think of it, this may be a neat way to use guilt and shame to help you control your spending. It’s highly unlikely that you’ll whip out the Visa at the Pleasure Palace if you know that your mom will see the charge go through. Don’t panic just yet, the service does allow you to configure what charges get sent out and to whom.

In my opinion, if your credit card spending is prolific and cool enough to be tweeted out to the world, then you need to reevaluate what you’re doing in the malls. The only glamor Blips (or Bleeps, whatever) should be when you hit Costco, the consignment shop or Dollar General.

Still on the fence? You have time to think about it. Blippy is currently available by invitation only (the cool thing for new websites to do) and is slated for general delivery sometime in 2010.

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