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 146)

Can You Retire With a Million Dollars?

I recently received an e-mail from a reader who is frustrated by their lack of progress when it comes to retirement savings. In short, they thought it unlikely that they’d ever be able save more than a million dollars, if that. […]

Your 401(k) Match: Don’t Miss Out on Free Money

Does your employer offer to match a portion of your retirement contributions? If so, are you taking advantage of it? I hope so. […]

What Happens if Lending Club Goes Out of Business?

I recently got an e-mail from a reader who was concerned about the long-term stability of peer lending outfits like Lending Club. In it, he asked: Is there any credible data as to how long companies such as Lending Club are likely to persist (5, 10, 20, 50 years)? […]

Free In-Flight Internet for the Holidays

This is just a quick note to point out that GoGo is offering free in-flight internet via a series of promo codes. […]

Flexible Spending Account – Spend It Before You Lose It

If you don’t spend the balance of you Flexible Spending Account before the ball drops in Times Square, you forfeit the excess and burn up your savings. Don’t squander your FSA! […]

Sixteen Books About Money

The Vanguard Group recently published a list of books about money that would make great Christmas presents. There are nine books about investing, and seven books about financial planning. […]

Live Within Your Own Means, Not the Means of Others

It’s very easy to slip into “keeping up with the Joneses” mode. Your friends have a new TV, or maybe they traded in their old car for a new one. Or perhaps you want to get a nice big house like they have, and take advantage of the homebuyer tax credits at the same time. From personal experience, I can tell you that it’s not worth the stress and hassle of trying live within other people’s means. […]

Who and How Much to Tip During the Holidays

With Christmas just around the corner, I though now would be a good time to talk about holiday tipping. […]

Lending Club Defaults, Delinquencies, and Collection Details

Back in October, Lending Club hosted a webinar on “Credit & Collections.” Having had a couple of loans go late, and one actually wind up being charged off, I was naturally interested. While you’re more than welcome to view the webinar itself, it’s about 35 minutes long. […]

How to Ask for Discounts

When’s the last time you asked a seller to reduce their asking price? If you’re like most people, it’s probably been a long time. In fact, maybe you’ve never done it. “Haggling (bargaining) is common in some countries, such as China, Turkey and Egypt. […]