There is a new kid in Silicon Valley called BillShrink which is offering a free service, that they claim will help us save money. The site currently provides information covering the cost of gasoline, wireless plans and credit cards where you live. In order to participate in the free service you need to register and provide a valid email address. To find cheap gas you also need to enter in a home and work address. If you are skeptical about giving out this information than this site is not for you.

On their site BullShrink states the following about itself:

It is. Absolutely free. Billshrink created the technology to collect and present unbiased, comprehensive information so you can see for yourself which options are best for you and why. We rank plans only by the parameters most people care most about – the total cost and the match to your individual needs. And, we always allow you to see how we calculate each recommendation. Just look for the question mark icons.

BillShrink returns exactly the information available on your service providers’ site and others — so you can compare apples-to-apples. Did you know there are over 10 million cell phone plan and add-on combinations? Or, that every credit card has over 100 meaningful variables? We’re obsessed with tracking all the details about everyday services, every minute of every day – so you don’t have to.

BillShrink understands that service providers have no incentive to help you save, but we do. BillShrink is interested in the total cost of a service Ð with all the hidden fees, add-ons, and promotional benefits. Any one of these variables may be relevant to you and may save you money.

There is more information about BillShrink on their site. Take a look and see what you think.

Comments welcome.

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