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The social bookmarking website for finance fanatics, Tip’d, is adding several new features:

  • The Tip’d Socialtickers are pages that track any given stock ticker across a variety of social networking websites. The GOOG StockTicker page aggregates posts about Google from Twitter, Technorati, Delicious, and of course, Tip’d. The site displays a convenient stock price chart as well as links to Google’s stock pages on a variety of other financial websites like Yahoo Finance.
  • Tip’d Video Integration. When you submit stories that include video to Tip’d, if possible, the site will embed the video directly so you don’t have to leave Tip’d to enjoy the multimedia experience.
  • Tip’d Top 100. If you’re interested to see which websites receive the most Tip’d votes, take a look at the Tip’d Top 100. Consumerism Commentary is currently 54th on this list.
  • Top Tip’d Ambassadors. See which users are recruiting the most new members for the community.
  • The Tip’d Greatest Hits is a list of the all-time most popular articles submitted to Tip’d. Three of the top seven most popular articles of all time are stories about Tip’d itself.

If you enjoy an article here at Consumerism Commentary, I encourage you to share it with your friends or a wider community by using the links at the bottom of the article, including the “Add to Tip’d” link.

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I’ve added more $25 bonus codes for new ING Direct customers last night. If you have at least $250 to deposit into a high-yield savings account, use one of these codes to receive a small boost.

You’d Better Watch Out: Gift Cards Can Be Lumps of Coal. If you are considering getting someone a gift card this year, opt for cash instead. Businesses that declare bankruptcy — and there may be more to come — will probably not honor the cards. If you receive a gift card, use it as soon as possibe. Not only will that help the economy, but you may lose it if you wait too long. Many gift cards lose value over time now, even if the issuing company stays in business.

Seized Tanker Anchors Off Somalia. Somalian pirates siezed an oil tanker from Saudi Arabia, one of the largest man-made objects in the world. The tanker carries one quarter of Saudi Arabia’s daily oil output, two million barrels, and is thought to be headed towards the United States. The hijackers will most likely be asking for the highest ransom ever paid to free the oil and the crew. The biggest concern is obviously the lives of the hostages, but will this have an effect on the price of a gallon of gas here?

Things it’s Cheaper to Do Yourself. Hiring out certain tasks has an appeal because it frees your time (in exchange for money) so you can spend that time on more more important, and possibly income-generating, tasks. But there are some fairly simple activities that would save you enough money if you do them yourself.

No Debt Plan. This is a series, currently on Part Nine, that helps you set up a budget, get out of debt, and build wealth.

Best Year-End Move for Salaried Taxpayers. Maximize contribution to tax-deferred retirement plans. Last month, I increased my 401(k) contribution to 50% of my salary, split evenly between a before-tax contribution (matched up to 4%) and an after-tax Roth 401(k) contribution. Even doing so, I will not hit the $15,500 ceiling because I started the year too low.

Tip’d is a social media website that lets you share and comment on finance-related current events, and today is its official launch date. I mentioned Tip’d last month when it was first announced to early adopters. At the end of every article on Consumerism Commentary, I have included a link labeled “Add to Tip’d.” With this, you can share stories from Consumerism Commentary with another audience. Connect with me on Tip’d.

For the “News and Blogs” features, which I plan to run almost daily as long as I have additional articles to share, I select some of the most interesting posts from my RSS reader and from pfblogs.org. If you don’t believe you blog is included on my RSS reader, please let me know to so I can add it. Thanks!

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Thanks very much to all the readers and contributors who have helped make Consumerism Commentary a complete community for the past five years. In the span of those five years, the “blogosphere” has exploded with thousands of new blogs that write about personal finance, the economy, budgeting, and every money-related topic you could possible conceive in your mind.

The problem now comes with finding the best of what’s out there. I have a number of suggestions.


Carnival of Personal Finance

The Carnival of Personal Finance is a weekly column, featured on a different host blog each Monday. Within the column is a select list of the week’s best articles, submitted by their authors and reviewed and screened by the host. The host also selects a few articles for “Editor’s Choice.” These five to ten articles are often great examples of the excellent writing found across the blogosphere. Note: The Carnival of Personal Finance was founded here at Consumerism Commentary.


pfblogs.org

pfblogs.org is an aggregator of over 1,000 personal finance blogs. This is a great way to keep your finger on the pulse of this niche in the blogosphere. Most importantly, pay special attention to the Friends of pfblogs.org; these bloggers take their writing seriously and work hard to produce the best content. You will find the popular listings on pfblogs.org the most useful. The most frequently-visited articles from the past 24 hours are presented in order of popularity. Note again: I created pfblogs.org.


Tip'd

If you like Digg for finding the best news and articles in general, take a look at Tip’d. Tip’d is like Digg, where news articles are submitted by anyone. For example, I saw an article on MSN Money Central about Henry Paulson, and I submitted this article even though I was not the author. Submitted articles that are enjoyed by others in the Tip’d community get promoted.

It’s easy to find articles you like with Tip’d. You can browse a number of categories, such as personal finance, economy, green, and real estate. These are the types of articles that wouldn’t always “succeed” on Digg, so creating a “social media” website specifically for personal finance is a good move.

The founders of Tip’d have extensive experience with social media and beneficent search-engine optimization. If any niche new website has the potential for success, it’s Tip’d.

Every article on Consumerism Commentary is followed by an option to “Add to Tip’d.” If you read something here that you like, click on this link to share the article with the Tip’d community.


Alltop

Alltop is an aggregator like pfblogs.org. With the Personal Finance page on Alltop, in one view you can see five latest articles from both mainstream finance news like The Motley Fool and Forbes as well as some of the top money-related blogs such as I Will Teach You to Be Rich, Get Rich Slowly, and Consumerism Commentary.


Google Blog Search’s business section contains the latest news from blogs as well as a search form to help you quickly find what you want from thousands of participating websites. Personal finance articles can be found in the business section. Google’s powerful search engine groups related stories across hundreds of blogs, giving you a quick idea of how many people are writing about any particular news item.


Technorati

Like Google Blog Search, Technorati offers a home page for business articles throughout the blogosphere, but with this portal, you can focus on finance articles more specifically. Technorati meshes in news from mainstream media with articles from the blogosphere. In terms of search capabilities, I prefer Google, but Technorati has unique features that let you measure the popularity of blogs and blog articles.


Have I neglected to include any other resources? Please free to let me know.

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This morning I have the honor of hosting the 119th edition of the Festival of Frugality! I’d like to lead off with an announcement: I gave my notice yesterday. As of April 12th, I will be a full-time blogger. After months of deliberation, I have decided to take Consumerism Commentary to the next level, and that can only be done without distractions such as my soon-to-be-former day job.

I will now be joining the ranks of those reliant on the web for income, like J.D. from Get Rich Slowly and Jim from Blueprint for Financial Prosperity. Wish me luck, I’ll need it.

If you’re new to Consumerism Commentary, please take a moment and subscribe to the RSS feed. Now, here are the best articles amongst all submissions for this week’s Festival of Frugality.

Editor’s Choice

If you can rent rather than buy, do it. Silicon Valley Blogger presents Rent Instead Of Buy, And I Mean Anything! posted at The Digerati Life. “Let’s take a tour of my virtual warehouse and check out the rental market for some of its items shall we? Not all lease ideas are money savers, but all exist to serve the purpose of filling a demand.”

Sharon Harvey Rosenberg from The Frugal Duchess presents Sell the Coach Bag? What I’m Willing To Give Up for Financial Security. If faced with a financial hardship, how far are you willing to go to sell off your assets? Here’s Sharon’s answer.

In Lovely Leftovers, P. Sycamore from She Laughs at the Days to Come writes, “Whether your leftovers come from the fridge, the freezer or the restaurant, the most important thing to remember about leftovers is that they’re like money… if you lose track of them, it costs you.”

glblguy has do-it-yourself tips in his article, Homemade car cleaning products, posted at Gather Little by Little.

Sarah from 20saver presents The beginnings of a frugal wedding. “Because we reused unwanted diamonds instead of purchasing a premade engagement ring, Jake paid considerably less for my ring than its actual value.”

Aryn from Sound Money Matters wonders: Is A Frugal Lifestyle Always Environmentally Friendly? No, but frugality isn’t about always going with the least expensive option.

Penny Nickel offers 10 ways you can use less artificial light — lower emissions and your energy bill! posted at Money and Values. Thanks for letting us know about Earth Hour.

Continue reading for more articles from the Festival of Frugality. Read the full article →

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