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 152)

Locking in Our Interest Rate

Big news this week… We went ahead and locked in our mortgage interest rate. My husband called the lender on Wednesday, and we’ve since faxed back the agreement. We’re locking in our 30 year fixed rate mortgage at a 5% interest rate with a 1.017% origination fee. To be honest, I’ve been anxiously watching our lender’s site and counting the days until our closing date. […]

Savers vs. Spenders: Opposites Attract?

Are you and your significant other a “money match”? My wife and I have very similar money habits, but many other couples apparently don’t. In fact, according to researchers at the University of Pennsylvania: “Surveys of married adults suggest that opposites attract when it comes to emotional reactions toward spending. […]

ING Direct “Added Value” CDs

Earlier this week, ING Direct announced a new promotion aimed at generating more deposits. Dubbed the “Added Value” CD, they are offering a 12 month CD that pays a 0.15% premium over and above their standard rate. As of right now, that means you’ll get 2.25% APY vs. the standard 2.10% APY. The catch here is that you have to fund the CD with “new money” that is transferred in from elsewhere. […]

Current 0% Balance Transfer Offers

A reader named Hannah recently wrote in to ask about current 0% balance transfer offers. It seems that she took advantage of a 12 month offer last November, and is now looking for another to extend her 0% promo period with a new offer. Unfortunately, credit card issuers have gotten increasingly stingy with their offers over the past year or so. […]

Clean and Maintain Your Windows Computer for Free

Is it really necessary to buy software programs to clean and/or protect your Windows computer? And either way… Which ones should you use? “Yesterday it worked, today it is not working, Windows is like that.” -Margaret Segall Why take advice from me? Though I do not speak of it often I am an Information Technology Manager (a.k.a. […]

Lending Club – September 2009 Performance

As September came to a close, I was enjoying an 11.98% net annualized return with Lending Club. Once again, I spent the month expanding my holdings beyond my original “High Risk” and “Low Risk” test portfolios. […]

How to Get Out of Your Cell Phone Contract

A few weeks ago, I ran across a nice video that gave a rundown of ways to get out of your cell phone contract without paying an early termination fee (ETF). […]

Historical FDIC Insurance Limits

With all the recent talk of the FDIC wanting to raise more funds to meet its obligations, I thought it would be interesting to take a look at FDIC insurance limits over the years. A brief history of the FDIC For those that aren’t aware, the FDIC was formed following the signing of the Banking Act of 1933 (also known as the Glass-Steagall Act). […]

Saving and Spending During the Holiday Season

It’s time people! Whether you like it or not, the Holiday season will be upon us in the blink of an eye. Are you financially prepared? “The wise man plans and saves for the future, but the foolish person squanders what he has.” -Proverb Today I will outline two basic concepts. […]