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)

Prosper Resumes Peer-to-Peer Lending

Just over a week ago, Prosper got permission from the SEC to re-launch their lending platform. […]

Borrowing From Big Banks – A Moral Issue?

*Me to group* “Hello everyone. My name is Matt and I’m a recovering big bank customer.” *Group replies in unison* “Hi Matt!” *Me to group* “I’m 33 years old, and have been borrowing from big banks ever since they courted me with offers of credit cards and free t-shirts on my University campus back in the 1990s. […]

Creative Budget Balancing

States across the country are hurting. High unemployment numbers and reduced corporate profits have gutted tax revenue. At the same time, every state besides Vermont has a law requiring a balanced budget. As such, state governments are getting desperate to make ends meet. A recent article in Forbes highlighted the lengths to which some states are going. […]

Save Money by Questioning Your Purchases

Today I just wanted to highlight an excellent comment that I recently received. In response to “Quit Shopping, Save Money,” a reader named ‘sekishin‘ said: “When considering a purchase, picture a stranger offering you [the cash value of the purchase] or the item in question. Which is of greater value you? […]

Buy vs. Rent: The Real Estate Dilemma

One goal that my husband and I have is to own a house. This hasn’t been a spur of the moment decision. We’ve been planning it for awhile, and have been working together toward our goal one step at time. The decision of whether or not to buy a condo, townhouse, or house can be overwhelming. […]

Investment Performance: CDs vs. Stocks

Last week I highlighted an article about the long-term performance of stocks vs. bonds. The upshot was that, while stocks hold a slight long-term edge, bonds can (and do) outperform stock over significant time periods. Today we’re turning our attention to certificates of deposit (CDs). CDs vs. Stocks Did you know that CD outperformed stocks* from 1994-2008? It’s true. […]

Weekly Roundup – Broken Xbox Edition

Just about a week ago, our Xbox 360 crashed with an E74 error. The bad news is that this error code signals a “General Hardware Failure.” The good news is that it’s still under warranty. […]

Investment Advice: Ignore the Noise

While paging through the latest issues of Forbes and Money, I noticed something amusing… Both magazines were chock full of advice on how to navigate the current economy with your finances intact. No surprise there. […]

Testimony of a One Car Couple

Up until a few months ago, if someone would have asked my wife or me to get rid of one of our cars, we would’ve just snickered and responded, “Impossible!” But then it happened… I wrecked my car. A bit of background From the time we met in 2003 up until seven months ago, my wife and I had always viewed two cars as a necessity. […]

Size Matters: Tall People Make More Money

According to a recent study out of Australia that was published in The Economic Record, taller men earn more money than their shorter brethren. […]