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 155)

What is a Donor-Advised Fund?

Last week, I gave myself a crash course in donor-advised funds. Unfortunately, it was too late, as I didn’t have time to act before the end of the year. I did, however, learn a lot, so I thought I’d share some of that knowledge with you. What is a donor-advised fund? A donor advised fund is essentially an umbrella charity run by an investment company. […]

America’s Most Expensive Cities

I just ran across an interesting article on that talked about America’s most expensive cities. […]

Creating a Financial Snapshot

Many people are reflecting on their accomplishments and mistakes this time of year. I like to use this time as an opportunity to review our finances and create a snapshot of where we stand. It helps us to see what we need to improve on and what goals to set for the upcoming year. Cash flow I start with cash flow because you need to make sure that you’re not spending more than you earn. […]

The Best of 2009

Now that the holidays are behind us and we are well and truly into the New Year, I wanted to take a look back at 2009. […]

Consolidate Your High Interest Debt With Lending Club

Year in and year out, one of the most common New Year’s resolutions is to get out of debt. With that in mind, I wanted to talk a bit about using Lending Club to consolidate and refinance your high interest debt while you pay it off. Those of you that have been following along know that I’ve been investing in Lending Club notes for awhile now. […]

Happy New Year!

This is just a quick note to say Happy New Year! While 2009 was a great year (both for FiveCentNickel and for my family), I’m hoping that 2010 will be even better. Matt has already opened up a discussion of financial goals for 2010, so I invite you to chime in over there about what you have planned for the coming year. And now… I’m off to spend time with family, watch some football, and relax. […]

Financial Goals for 2010

Now is the time to outline your financial goals for 2010. In case you haven’t already done this, I’ve put together some ideas to get you started. While I’ve loosely prioritized the main themes, you’ll want to tailor things according to your individual situation. Reduce your debt Debt reduction should, in my opinion, always be numero uno. […]

Traditional and Roth IRA Contribution Limits for 2010

With the New Year just around the corner, I thought it would be good to take look at IRA contribution limits for 2010. Contribution limits have been indexed to inflation since 2008, and can increase in $500 increments (as necessary). Because inflation has been so low, however, there’s not much new under the sun. […]

Effect of FICO Credit Scores on Loan Interest Rates

The other night, I was poking around over on MyFICO. They have a 30 day free trial that provides you with access to both your credit report and your FICO credit score. The free credit report isn’t a big deal, as you can get that free no matter what. […]

Reactive vs. Proactive Finances

This is a guest post from Darwin of Darwin’s Finance. If you like what you see here, please consider subscribing to his RSS Feed. In life, we’re routinely faced with situations that require an immediate reaction. Consider the need to pay monthly bills and keep your head above water. […]