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 6)

Why borrowing for a wedding is a bad idea

I enjoy weddings. I’m just not sure how much I’d pay for one. That thought was prompted by reading recently that the typical wedding in the United States costs around $30,000 these days. Now, I’m a little skeptical about that number. After all, there is whole cross-section of businesses dedicated to promoting the idea of big weddings. I think of it as the wedding industrial complex. […]

Why borrowing for a wedding is a bad idea

I enjoy weddings. I’m just not sure how much I’d pay for one. That thought was prompted by reading recently that the typical wedding in the United States costs around $30,000 these days. Now, I’m a little skeptical about that number. After all, there is whole cross-section of businesses dedicated to promoting the idea of big weddings. I think of it as the wedding industrial complex. […]

How to decide whether to pay off debt now or later

A very wealthy and successful guy I used to work for once mentioned something about his mortgage to me. I was a little taken aback, and asked why someone with his money would still have a mortgage. […]

How to decide whether to pay off debt now or later

A very wealthy and successful guy I used to work for once mentioned something about his mortgage to me. I was a little taken aback, and asked why someone with his money would still have a mortgage. […]

Money worries and woodpeckers

I suppose it is bound to happen if you live in a wooden house in a semi-rural area. Our house has become besieged by woodpeckers. The insistent, get-you-up-out-of-bed nagging of their rapping on the walls reminds me of the inescapable angst of having money worries. The problem is, I know what to do about financial doubts. […]

Money worries and woodpeckers

I suppose it is bound to happen if you live in a wooden house in a semi-rural area. Our house has become besieged by woodpeckers. The insistent, get-you-up-out-of-bed nagging of their rapping on the walls reminds me of the inescapable angst of having money worries. The problem is, I know what to do about financial doubts. […]

Depending on stock returns to fund your retirement? Think again

How worried should I be? That’s a question financial people get a lot when the market is as unstable as it has been over the past several weeks. Actually, it’s a question we ask ourselves in those environments. Having both asked and answered that question several times recently, let me share some of the answers I’ve come up with. Down 500 points? […]

Depending on stock returns to fund your retirement? Think again

How worried should I be? That’s a question financial people get a lot when the market is as unstable as it has been over the past several weeks. Actually, it’s a question we ask ourselves in those environments. Having both asked and answered that question several times recently, let me share some of the answers I’ve come up with. Down 500 points? […]

The hidden costs of bad credit

The worst thing about bad credit isn’t being turned down for a loan or a new credit card. After all, there are worse things than not being able to borrow. […]

The hidden costs of bad credit

The worst thing about bad credit isn’t being turned down for a loan or a new credit card. After all, there are worse things than not being able to borrow. […]