Posted by DebtKid :: September 24, 2007 @ 11:07 am

Do you ever remember depositing your gold coins in any of the Super Mario games? I sure don't. Sure, 100 coins would get you another life, but what if you wanted to save or spend those coins? Where would Mario keep his gold coins? Where should we keep our gold coins? Let's examine the options.

Where to keep our "coins"

1. Under the mattress: It's possible that Mario was a conservative gold coin investor, and wanted to keep his shiny coins close to his mushroom home. Not the smartest move financially, but hey, this guy jumps on turtles and willingly goes down dark drain pipes.

2. At the local Mushroom Kingdom Bank: If Mario was a little smarter, he might have deposited his loot into a savings account at his local bank. Here he can at least earn a few percentage points of interest on his coins.

3. At the virtual Mushroom Kingdom Bank: On a hot tip from Yoshi, Mario might have deposited his coins at those new online banks that have been sprouting up in the mushroom kingdom. Earning 5% on his coins, Mario thinks this sounds pretty good.

Where Mario Really Should Keep His Coins

4. Lending Club: When Mario heard that Luigi got a loan from Lending Club to purchase a new Kart, he took a closer look at social lending. Upon learning he could earn an even higher interest rate by lending his money responsibly to other Mushroom Kingdom residents through Lending Club he was so excited he nearly ran into a random cannonball!

Mario wouldn't keep his shiny coins earning nothing under his mattress or in a checking account. Diversify your cash investments and consider becoming a lender with Lending Club. Plus, you'll make the Princess's day when you show her the interest rates you could be earning!