If you are an avid online shopper, you're probably aware that there are many websites that offer online coupons or great deals. However, if you have accounts on any of the popular social networking websites, you may be sitting atop an untapped gold mine for some fantastic deals.

Facebook may be the most popular website for social networking, and it's one of the best places to find deals online. Many companies have a Facebook profile, and "friending" or "liking" those companies will likely key you into any deals they offer online.

Twitter is another great way to find savings online. While many stores tweet their own coupons and sales, you may find that some bloggers and avid tweeters will organize lists of the hottest deals online. It's possible to search for tweets from deal sites such as @shopdebtfree, that offer deals of the day, weekly contest.s, and exclusive coupons.

Lastly, if you have pals who love to shop on the web, start sharing any discounts you find on their social network profiles and you may find that they soon return the favor.

With some savvy social networking and planning, you can save lots of money on the web. However, it's important to use a secure payment service whenever you make a purchase online, to ensure that your personal information isn't compromised.