As much as I like to spend money, I do love to save money and learn about ways to multiply my savings. I’m slowly learning the ins and outs of finance and investing, and recently discovered MyWallSt.net, which is a great financial social networking site.

I know you’re thinking that finance and social networking don’t go together, but MyWallSt.net is really great. It’s not stuffy financial talk that most of us don’t understand like other websites and financial journals. It’s a chance for members to share ideas, information, and stock picks with other members on a level that’s easy to comprehend and put to use. It’s casual, yet competitive, with members taking their stock picks seriously.

Members can win money by taking the ‘Rookie Challenge”, upload pictures, videos, and stock picks, and create custom profile which enables them to write blog entries and comments.

The latest financial news and stock quotes are always at your fingertips on the front page of MyWallSt.net, along with the top ten Rookies and member stock ratings. It’s a great place to browse and learn from other people’s stick picks, blog entries, and percentages so that when I have money to invest, I’ll have the experience to invest it wisely.

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