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 160)

How to Choose a Mortgage Lender

I recently received an e-mail from a reader who was wondering how to select a mortgage lender. More specifically, he wanted to know: “If bank A offers me a certain APR with roughly $3,000 in closing costs, while bank B offers me a lower APR with roughly $3,000 in closing costs, but bank B is a no name bank, which do I pick? In the end, a contract is a contract, right? […]

Discover More Card Bonus Categories for 2010

Do you have a Discover More card? If so, you might be interested in learning more about the 5% cash back bonus categories for 2010. […]

Save Then Buy vs. Buy Now, Pay Later

Today I want to suggest a New Year’s resolution that is guaranteed to improve your bottom line. It’s a simple concept really… Do not purchase a good or service until you have saved the money to pay for it. Period. So why is this so hard for us to grasp, adopt, and live by? It’s not complicated, it’s not unreasonable, and it makes perfect sense. So what’s the deal? […]

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. […]