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 158)

Sunday Roundup – Back to School Edition

Our kids went back to school this past week. Seriously. At the beginning of August. When I was a kid, school always started the Tuesday after Labor Day. That old September-June school year is so engrained in me that it still doesn’t feel like summer vacation until early June, even though the kids get out a month earlier. […]

What are “No Penalty” CDs?

Have you ever wished you could lock in a competitive, guaranteed rate on your savings while still retainign the flexibility to access your cash in a pinch? If so, then you might be interested in a so-called “No Penalty” certificate of deposit (CD). What is a “No Penalty” CD? “No Penalty” CDs are exactly what they sound like — CDs that have no penalty for early withdrawal. […]

Why Banking With ING Direct Rocks

I NEVER thought that I’d be writing about how much I love banking! As a matter of fact, I’m laughing and shaking my head in disbelief as I write this… This article is a bit of a followup to my previous article about borrowing from big banks, which sparked quite a lively and interesting debate. […]

The Fallacy of Relative Price Evaluation

We’re just back from an end-of-summer trip to the beach. A good time was had by all, and the kids headed back to school this morning. […]

Navigating the Recession

Recessions suck. The stock market is down, unemployment is up, and good news is sparse. But a tough economy doesn’t mean that you can’t improve your lot in life. We’ve decided to use the recession as a time to simplify our lives and build a better financial system for our family. […]

Calculating Your Real Hourly Wage

This is a guest post from Bob of ChristianPF. If you like what you see here, please consider subscribing to his RSS feed. I’m currently reading “Your Money or Your Life,” a true personal finance classic. As great as it is, however, I won’t be reviewing it here. […]

401(k) Rollover Mistakes

This is a guest post from Dawn of Frugal for Life. If you like what you see here, please consider subscribing to her RSS feed. I’ve twice been given the opportunity to rollover my 401(k) instead of cashing it out, and I’ve twice failed to do so. […]

Cash for Clunkers Program Suspended

Big news out of Washington today… Apparently the Cash for Clunkers program has been a bit too popular, and is reportedly being suspended out of fear of running out of money. […]

Good Deals Don’t Always Pay

While I am a staunch frugalite, I am not a cheapskate! In fact, price is but one of many factors I consider when making a purchase, no matter how large or small. Like anyone else, however, I’ve made mistakes in the past that serve as continual reminders that good deals don’t always pay! You get what you pay for… Here are three examples that cheaper is not always better. 1. […]