We released our own Facebook application last night. We spent a lot of time making the application look and feel like a part of Facebook, so hope you guys like it!

Click here to add the application to your Facebook account.

Today’s edition of the Wall Street Journal has an article analyzing the recent surge in popularity of “social personal finance” websites. Jane from the WSJ writes:

… amid the rising popularity of social-networking services such as Facebook and MySpace, a crop of new personal-finance Web sites is letting users post their private personal-finance details and share advice with each other on tracking their spending and making better investment decisions.

Jane spoke to Mike Zazon, one of our users from Ohio, who used spreadsheets before switching to Buxfer. He says:

Buxfer takes away the awkwardness of going to collect (debts) later

Right on, Mike! Friends need to be as comfortable with sharing money as they are with sharing photos, and that’s what Buxfer is all about.

The innovation happening in the personal finance space is very exciting indeed. What’s better is that users are willing to change their traditional behavior patterns and try out new things which help them simplify their financial lives. Social personal finance is definitely here to stay. Intuit and Microsoft, WATCH OUT!!

The latest issue of Online Banking Report has named Buxfer as “Best of the Web” amongst social personal finance sites.

Buxfer (is) named OBR Best of the Web in the report for several pioneering features, including login via third-party APIs, transaction input via email, file appending, Google gadget, and budget alerts

All of our features originate from a simple idea: how can we make it really easy for users to manage their finances? And that’s how we will continue to operate in the future, so many more cool and useful features should be coming your way soon!