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 11)

Wills that leave values, not valuables

You’re accustomed to seeing personal-finance articles on this site, and a quick scan of the archives will reveal every imaginable personal-finance subject. You’ll find blogs about the best zero-percent-APR credit cards and how to track down the best high-yield savings accounts. You’ll spot posts on financial plans and funding home purchases and college educations. […]

Anatomy of a credit-based insurance score

If you drive a motor vehicle in the United States, it is compulsory in most states to carry insurance. Auto insurance is one of the “big wins,” where a little effort provides a big payoff, not just once, but again and again. There are several well-known ways to save on auto insurance ranging from keeping a clean driving record to shopping around. […]

The Myth of the Post-Retirement Worker

This post comes from Libby Kane at our partner site LearnVest.com. By now, you’re probably aware that the average American is woefully underprepared when it comes to saving for retirement. “That’s okay,” you might think. “I can always just work for a few more years, or take on a part-time job to cover my expenses.” That’s a common belief many of us hold. […]

Have you considered these low-cost healthcare options?

We have a nephew who lives in Switzerland whose wife recently gave birth to their second son. She stayed in hospital for an entire week and the blessed event cost them … nothing. Contrast that with this report from the New York Times, detailing the high cost of childbirth in the States. Obamacare is an attempt by the Government to “do something” about the problem. […]

Learning to live with risk

The stock market has had some rocky sessions lately, but we should be used to that. The 21st century has already dished out two major bear markets in stocks, not to mention what has happened to real estate, oil futures, and gold at various times in the 2000s. We are having to learn to live with risk. That is not natural for me. I am not a risk-taker by nature. […]

Frequent Flier Miles Will Soon Favor the Rich

This post comes from Libby Kane at our partner site LearnVest.com. We don’t need to tell you that air travel is expensive. That’s even with airline loyalty programs, which generally grant frequent-flier miles to travelers based on the distance traveled. These are later redeemed for a free trip (or part of a trip). But rewarding customers this way is slowly being abandoned by the industry. […]

Enter a new chapter in personal finance success

One of the telltale signs you’re rapidly becoming an annoying elder statesman is an increasing tendency to buttonhole much younger people and dispense advice they haven’t sought, don’t want and are unlikely to take to heart. You know the kind of guidance I’m talking about. Always eat your green vegetables. Exercise regularly. Look both ways before crossing the street. […]

Make an appointment with yourself to manage your money

This is a guest post from J.D. Roth, who founded the blog Get Rich Slowly in 2006. Roth wrote Your Money: The Missing Manual and is the “Your Money” columnist for Entrepreneur magazine. His latest project is a year-long course on how to master your money, which explains how to slash costs and boost income so that you can pursue early retirement and other goals. […]

Time to think about taxes, again!

Yes, I know we’re just past last year’s tax season, but good tax planning works only if we start early enough for the current year. Having last year’s tax return still fresh in memory gives us a great start for next year’s tax planning. Understand how your income is being taxed Do you know what your effective tax rate is? Do you have more than one income source? […]

5 Vehicles With the Longest Lifespans

This post comes from Anna Williams at our partner site LearnVest.com. There are dozens of factors to consider when it comes to buying a new car—everything from safety features to the length of the loan. But if durability is high on your lists of musts, a new study might help steer you in the right direction. […]