May 1, 2012

How To Increase Your Chances Of Getting A Job

Find out what people are doing to increase their chances of snagging the job they want. We live in a society in which most people fear being different, fear making waves and thus fail to exhibit their unique qualities. […]

The Deception of Coupons and Discounts: Yeah, I Totally Needed Two Gallons of Milk

This probably isn’t the most novel observation in the world, but it would certainly seem that a great many people get “tricked” into spending more than they normally would by the lure of coupons and discounts (cue Captain Obvious). These “fake-ish” coupons and deals come from everywhere: newspaper clippings, TV and radio offers, Internet promotions, fliers, smartphone apps. […]

Thanks to the Consumerism Commentary Community

In just a short period of time, Consumerism Commentary will be entering its tenth year of existence. The site’s ninth anniversary is approaching, and I’ve been involved with the website longer than I’ve been involved with any other commitment in my life. Jobs and relationships have come and gone, but Consumerism Commentary remains. […]

Confront the Credit Card Companies (121/365)

For most people, the debt that really tips things from a manageable situation into a very challenging one is credit card debt. Credit cards are incredibly easy to acquire and incredibly easy to use without a second thought. Often, people can rack up hundreds of dollars in debt before ever seeing a single bill. […]

Why Experts are so Wrong

The following is an excerpt from Jackass Investing: Don't do it. Profit from it.. It's a book that takes "conventional knowledge" on investing and argues that it's a myth.A truly telling study conducted by Philip Tetlock, a research psychologist at Stanford University, helps to answer this question. The study looked at 82,361 predictions made by 284 experts (pundits). […]

Seven Years of FiveCentNickel

This is just a quick note to say that today marks the 7th anniversary (blog-iversary?) of FiveCentNickel. During that time, we’ve published 3006 posts* (including this one) which have received nearly 35,000 comments. […]

Seven Graduation Presents That Won’t Clobber the College Fund

As my 17-year-old son approaches his high school graduation, all sorts of expenses are aiming for my wallet. But I’m deflecting one commonly overlooked graduation expense: Gifts for the half dozen or so graduates who will invite us to their open houses. Cash is the standard graduation gift these days, but face it, cash is crass. And it’s expensive! […]

The Difference Between Visa and MasterCard

When we think of credit cards, often we think of the logos that accompany the most commonly used credit cards: Visa and MasterCard. These two companies are often said in the same sentence, and many people think that they are essentially the same company. However, this isn’t the case. […]

The Next Credit Crunch

There are signs that the economy might be in more trouble in the near future. One of the symptoms of the recession was the credit crunch. […]

Cutting Down the Options

When a person signs up for their 401(k), they’re often hit with an onslaught of options. What percentage do they want deducted? Which of these fifty different funds do you want to put your money into? Or do you want to split your money among different funds? […]

Dollar Coins: Or, In Other Words, a New Tax

This post is by staff writer Sarah Gilbert. “You need 75 more cents!” the woman at our favorite burger joint, Little Big Burger, said brightly after I sent my 9-year-old to order another serving of truffle oil fries with all the change I could find in my bag. Thankfully, I knew I’d sent enough money: I’d stashed a dollar coin in my bag, saving the Abraham Lincoln because, well, Lincoln. […]

Yahoo! Principle of Investing

In William Baldwin’s column in an old issue of Forbes, he writes a “fictitious” investment advice letter to his widow, he suggests two important rules for her. The first rule is to use fee only advisors, it’ll cost more up front but be cheaper in the long term and yield more independent advice. […]

Ask the Readers: How Do You Save Money on Your Hobbies?

Editor's Note: Congratulations to Melissa Hansson, Alex J, and Margaret Davis for winning this week's contest! If you have any free time after work or on the weekends, you probably have some sort of hobby you participate in to pass the time. […]

19 Ways to Reuse Old Towels

When I was a young lad in college, this article would have made no sense to me. I had one towel. I washed it often. The idea of having so many towels that I would need to find creative ways to use the old ones, well, that didn't occur to me. Then I got married. And the towels multiplied like Tribbles on the Starship Enterprise. That’s why I’m writing this article now. […]

Youth and Money: Finding the Frugal Balance

At a relatively young age, there are several decisions you must make that will set you on a certain path for the rest of your life. If that’s not daunting enough, add money to the equation — the frugal habits you learn (or don’t learn) now can affect the security of your finances well into your retirement years. “But I’m young, I’ll worry about that later,” you might try to argue. […]

Best Money Tips: 101 Ways to Make Money Online

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on 101 ways to make money online, handling unexpected expenses, and how to save money if you hate negotiating. Top 5 Articles 101 Ways to Make Money Online — To make money online, become a reviewer or a paid traveler. […]

80-20 Your Investments

Now that I've discussed how to 80-20 your finances, I wanted to tackle the subject of investing and share what I consider to be the few, key steps you need to take to get the most out of what you save and invest.  While many people seem intimidated by investing and don’t know where to begin or what to do, being a successful investor is not that complicated. […]

Catching Up

After several weeks of limited posting, I thought it would be nice to catch up with all of you guys.  First off, I hope that you are all doing well!  Here in Georgia, we had a very mild winter – and it already feels like summer.  I think it hit 92 degrees today! My kids and I planted a “garden” this year.  I use the quotes, because we only managed to plant some onions, some strawberries, and some […]