Five Cent Nickel

Written by a man who has been meticulously recording his finances since 1997 (stored in Quicken), Five Cent Nickel is one of the oldest and most respected blogs around. This blog often provides great commentary on—and summaries of—useful financial tips featured by other publications. If you’re too lazy to read every little money article out there, just stop by Five Cent Nickel and get the cream of the crop.

Latest Posts from Five Cent Nickel (page 137)

What To Do With a Lost Credit or Debit Card

Have you ever wondered what you should do if you find a lost credit or debit card? We ran into this situation over the weekend, and I thought it would make for an interesting discussion topic. Finding a lost card We took the boys to see a movie on Saturday. My wife and I were out and about separately, so we decided to meet at the theater. […]

Buying Lending Club Notes on the Secondary Market

Earlier this week I began experimenting with the Lending Club note trading platform. I’ve been investing with Lending Club for about 14 months now, and have almost exclusively invested in new loans. […]

How to Deposit Checks by Mail at ING Direct

As a followup to yesterday’s post about depositing scanned checks, I wanted to share a tip for depositing checks into your ING Direct account. Because ING Direct doesn’t yet support the uploading of check images, I’ve typically deposited checks at my local bank and then initiated an ACH transfer. […]

How to Survive Financial Betrayal

If you’re old enough to read, then you’ve almost certainly been “had” financially once or twice. Perhaps a “friend” borrowed money and didn’t pay it back. Instead, she “remembers” that it was a gift from the start — and tirelessly tries to convince you. Or maybe your brother-in-law sold you mortgage life insurance — and you didn’t need it. […]

Sign Up for Pinecone Research Paid Surveys

This is just a quick note to say that Pinecone Research is currently accepting new applications. In case you’re not familiar with Pinecone Research, they’re a reputable paid survey company that offers a guaranteed payout of $3 per 10-15 minute survey. While $3 isn’t much, the time invested is small, so it might be worthwhile if you’re looking for ways to earn extra money. […]

How (and Why) to Roll Over Your 401(k)

Most people will work for several companies throughout their career. As you move to another company, you should be careful not to forget about your retirement investments. […]

Increased FDIC and NCUA Insurance Limits Have Been Made Permanent

On Saturday morning, I read that the number of bank failures in 2010 had climbed to 108. For the sake of comparison, “just” 69 had failed at this point last year, and bank failures peaked at 12 in 2002 as a result of our last recession. As you’re likely aware, FDIC insurance limits were increased from $100k to $250k per depositor per institution back in 2008. […]

Postponing Taxes on a Roth IRA Conversion

Have you considered converting funds from your Traditional IRA into a Roth IRA? If you’re a regular reader, you’re aware that the income limits for Roth IRA conversions went away this year. What I haven’t talked about as much are the tax consequences of such conversions. To make a long story short, you’ll have to pay taxes on any tax-deferred funds that you convert. […]

What Tinky Winky Taught Me About Money

If you’re a parent, you probably know who Tinky Winky is. He’s one of the infamous Teletubbies – those colorful little TV creatures who live in Teletubby Land, of course. You remember his friends Po, Dipsy and Laa-laa, don’t you? I knew it would all come back to you. […]