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 7)

Bank Review: CIT Bank

If yours is a small business or middle-market company, one source you may turn to for financing or leasing capital is CIT Group, a 105-year-old New York City-based firm. CIT Bank, a division of CIT Group, Inc., is an FDIC-insured institution that assists consumers in much the same way that its parent company has helped finance business activity. […]

Why New Year’s resolutions fail and what to do differently next year

Have you started thinking about New Year’s resolutions? Do you want to lose weight in 2014, save more money or spend more time with family? I know I do. And research shows that roughly half of all Americans are hoping to do the same. Still, of those who resolve to make it happen, only a tiny percentage will keep their resolutions. […]

Capital One 360 Bank review

Capital One has been a major player in the credit-card arena. They expanded into the retail-banking space by acquiring three regional banks — Hibernia, North Fork and Chevy Chase Bank. They became one of the ten largest banks in the nation based on deposits after acquiring ING Direct. ING Direct was one of the most popular online savings banks among financially savvy consumers. […]

What Nelson Mandela can teach you about your finances

Nelson Mandela is one of the few individuals who single-handedly changed the course of human history in a profound way. Unlike other famous leaders, such as Genghis Khan, Hitler or Napoleon, he altered the course of our nation (I’m South African) by eschewing all the traditional political weapons of mass destruction: revolt, violence and revenge. […]

Bank review: American Express Bank

American Express is a brand that is almost synonymous with credit cards, but in recent years they have also built a sizable base of deposit customers. By offering very competitive online savings rates, American Express Bank has grown its deposits from $7.2 billion to $26.5 billion in just five years. […]

Preaching financial moderation

It may be old age creeping on, but I seem to increasingly find my financial advice advocating moderation — a balance between two more extreme courses of action. The following are several examples: Personal budgeting. I’ve been known to be an obsessive planner, but I don’t actually have a household budget. […]

Stuffing Coal Into Scammers’ Stockings

Was Charles Dickens particularly ingenious when he came up with the legendary character Ebenezer Scrooge? Was Dr. Seuss at his creative best when he unveiled the Grinch? Did director Frank Capra and the others involved in assembling the classic film “It’s a Wonderful Life” experience a lightning bolt of inspiration when they dreamed up old man Potter, that conniving rotter? […]

Money-saving tips for the holidays

All of us, I’m sure, are busy shopping and planning for gifts for all the people we care about. In the process, we don’t want to end up in a situation where we are happy for just one month and but are left paying December’s credit card bill throughout the next year. So here is my list of money-saving tips for the holidays. […]

10 Credit Card Pitfalls To Avoid This Holiday Shopping Season

This post comes from Lindsay Meredith at our partner site Quizzle.com The holiday shopping season will be in full swing before you know it, and, if you’re like many Americans, you’ll be making your special purchases with a credit card. After all, credit cards are a safe and convenient way to shop, plus they off special protections on the stuff you buy, like extended warranties and insurance. […]

R.I.P. Black Friday?

A Long Life Nobody knows for sure exactly when Black Friday began as an American tradition. Know-it-all site TIFO (Today I Found Out) credits the Macy’s Thanksgiving Day Parade as something the retailer did to draw shoppers to its store almost a century ago. However, the parade was (and still is) on Thanksgiving Day, when the store was closed, rather than the day after. […]