We all make regrettable decisions when it comes to spending money. With Tweetwhatyouspend, you can now share your shame with other members of the Tweetwhatyouspend community to solicit comments, suggestions and support!

Tweetwhatyouspend has just introduced “The Wall of Shame,” a new component in your Cash Journal aimed at keeping you honest about your spending. Drag entries onto The Wall of Shame component (pictured below) to highlight the entry in bulletin board-fashion in your own Cash Journal. You can also optionally share it with the TWYS community for commentary. see screencast below!

Here’s how The Wall of Shame works: You spend money on something you’re not proud of and enter it into your Cash Journal either through Twitter, or directly through Tweetwhatyouspend Once the entry is on Tweetwhatyouspend.com, drag it onto The Wall of Shame component (pictured left) If you don’t want to share the entry publicly with the TWYS community, uncheck the “share my shame publicly” checkbox before dragging the entry onto the Wall of Shame If you’ve chosen to share your shame publicly, (which is the default option) a message bubble will appear once you’ve dropped the entry on The Wall of Shame. Add comment about the entry if you so desire for the community to see Whether you choose to enter a comment or not, if you’re sharing shame publicly, your entry will appear in “The Wall.” You can make your entries on The Wall public and anonymous through changing your settings.

The Wall is a new site section of Tweetwhatyouspend which displays Wall of Shame entries posted by users on TWYS. It’s a forum for users to view and comment on Shame entries. You’ll notice a new tab navigation for The Wall at the top. Below is a screenshot of what The Wall looks like.

‘Shame’ is the first of many styles of Wall entries. In addition to sharing the bad, you’ll soon be able to share the good as well such as savings on purchases you’ve made, or times when you were able to restrain yourself from retail therapy.

We look forward to your feedback in the comments section below. Watch a two minute screencast of how it works below!