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)

Ally Bank Raises Savings Account Interest Rate

Late last week, Ally Bank did something that’s been almost unheard of over the past year or so… They raised the interest rate on their online savings account. No, it wasn’t a large increase — just an additional 0.05% — but at least it wasn’t a decrease. It remains to be seen if anyone else will follow suit, but I doubt it. […]

How to Track Lending Club Investments in Quicken

I’m now convinced that investing through Lending Club is (at least for me) more than just a passing fancy. As such, I decided that it was high time to start tracking things in Quicken. I’ve actually been avoiding this task because I’ve already invested in over 100 loans, and the prospect of tracking so many independent investments is a bit daunting. […]

401(k) Limits to Decrease in 2010?

According to human resources consulting firm Mercer, the IRS might be forced to reduce 401(k) contribution limits in 2010. Next year’s limits, which are tied to inflation, will be announced in October. Inflation has been negative since March so, unless it picks up between now and October, the IRS will have no choice but to reduce contribution limits. […]

Attention Finance Freaks – Consider Your Loved Ones!

Finance Freaks please step forward… Are you like me? The Personal Finance FREAK of the house? The one who is always pushing the envelope, always trying to cut costs, boost savings, etc. […]

Get a $25 Bonus from Lending Club

This is just a reminder that the good folks at Lending Club are offering FCN readers a $25 signup bonus* just for opening an account. Here’s how it works… 1. Visit Lending Club using a link in this post 2. Open and activate a lender account 3. The $25 will be automatically deposited in your account shortly That’s it. […]

What is a Mortgage Escrow Account?

I recently received an e-mail from a reader who is interested in paying off her mortgage early. In it, she asked the following: Is it better to pay money monthly that is applied to your escrow or your principal? […]

Shopping for Homeowner’s Insurance on a Condo

We’ve been busy shopping around for home insurance for the condo that we’re buying. I’ve contacted several agents by phone and e-mail looking for a good deal. […]

Get a $75+ Bonus from Zecco

About a week ago, I received an e-mail from Zecco, an online discount broker, with details about their “Friends Program.” The short version is that you’ll get a $75 bonus or 20 free trades for each and every friend that you refer. If you already have a Zecco account, here’s what you need to do: Visit Enter your name and e-mail address Enter (or upload) the ad […]

Eight Great iPhone Apps for Managing Your Money

As most of you know, I got an iPhone back in July. Since it arrived, I’ve had a blast digging through the App Store looking for life-changing apps. While I’ve found some real gems, I’m sure that I’ve missed out on some great ones. […]

Bank Fees Increasing

Has your bank increased fees related to your checking or savings accounts? According to a recent blurb in Money Magazine, banks have turned to account maintenance fees, overdraft fees, etc. […]