Kip Tips

Great Advice From Around the Web

A weekly look at personal finance tips and insights others are offering.

By Cameron Huddleston, Contributing Editor, Kiplinger.com

November 17, 2010

Everyone's talking about Prince William's engagement to Kate Middleton. In my family, we're talking about another Will's engagement -- my cousin. We couldn't be more excited that he finally asked his long-time girlfriend to marry him.

I'm sure the two Wills won't be the only ones popping the question over the holiday season. So I wanted to share a blog post from David Weliver at Money Under 30, How Much Should You Spend on an Engagement Ring? Weliver urges men not to heed the old advice that you should spend two months' salary on an engagement ring, especially if it forces you to go into debt. "The less debt you bring into a marriage, the better," he writes. We at Kiplinger's couldn't agree more (see Six Money Mistakes of Newlyweds).

Here are more personal finance tips and insights from across the Web:

Beware of the Phrase 'We Can Cut Your Debt in Half!' [Wise Bread]
"Let’s discover what those companies who talk about “what credit card companies don’t want you to know” actually don’t want you to know about them."

Debt Collectors Exploit Facebook to Embarrass You to Friends and Family [Consumerist]
"A woman has filed suit, the first of its kind, to get a debt collector to stop harassing her, her friends, and her family through Facebook and other social networking sites."

Side Hustle Series: I'm a Live-in Landlord [Budgets Are Sexy]
"This hustle has allowed me to pay for graduate school without borrowing a single penny."

How to Spot 10 Counterfeit Products [FreeShipping.org]
"With the holidays hot on our collective heels, counterfeits of everything will be more prominent than usual."

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