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

How to (Legitimately) Make Money Online in 2017

Maybe you’re a stay-at-home mom looking for a new career, or a college student hoping to make money on a flexible schedule. No matter your situation, the web is the perfect place to explore money-making possibilities. […]

Should You Consolidate Your Federal Student Loans?

Student loan consolidation is often touted as one of the big perks of using federal student loans. Unfortunately, there are a lot of myths out there about consolidating your student loans. […]

How to Calculate Your Personal Savings Rate

Savings is a huge part of personal finance. In general, you can always do two things to improve your financial situation: save more and earn more. Although earning more is a lofty goal, income is never guaranteed. […]

Can You Find a Hobby That Actually Saves You Money?

Expensive hobbies can really wreak havoc on your budget. Fortunately, there are frugal hobbies out there that are enjoyable and offer money-saving opportunities. Here’s a list of ten hobbies that save you money plus how you can save money on each one of them: Gardening Fruits and vegetables are great for your diet, but not so nice on your wallet. […]

Where Should You Keep Your Emergency Fund?

An emergency fund is a cash reserve you set aside to be used for unexpected expenses, or for regular expenses in the event of loss of income. If our lives went exactly as planned, we would never experience things like major home repairs, medical problems, or job loss. Unfortunately, all of these things are a reality and they often come at high costs. […]

Should You Have More Than One Credit Card?

Some people argue that having multiple credit cards is a sign of financial well-being. Others argue it’s a sign of poor money management. There’s no golden rule as to how much plastic you should carry, but before you apply for your second, third, or umpteenth credit card, you’ll want to read this article. There are varying opinions about having multiple credit cards. […]

The Four Types of Savings Accounts That Everyone Should Have

When it comes to finances, it’s important to be organized. Organization keeps you on track with your goals, makes it easier to budget, and helps you stay sane during tax time. One part of your finances that can messy,  if not organized properly, is your savings. With so many different things to set money aside for, it’s best to split it up. […]

Barclaycard Arrival Plus™ World MasterCard® Review

Frequent travelers looking to cash in rewards for their travel purchases may want to check out the Barclaycard Arrival Plus™ World Elite MasterCard®. This card offers great miles, which can be easily redeemed for travel statement credits. […]

How to Refinance Your Car Loan

More and more people are deciding to finance the purchase of their cars. According a study conducted by Experian, 84.9% of new cars were purchased with financing in 2015. […]

A Review of the Hilton HHonors Card

The Hilton HHonors card from American Express is great for those who frequently stay in the Hilton chain of hotels. It offers excellent rewards, especially on travel-related purchases, and comes with complimentary Silver Status within the Hilton HHonors program. Hilton HHonors Card Basics This credit card is clearly geared towards the elite traveler. […]