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 12)

Should You Be a Full-Time Employee or a Freelancer?

According to the Bureau of Labor Statistics (BLS), the rise of the gig economy is the industrial revolution of our time — and we are only at the beginning of the journey. Some one in three Americans already freelance in some capacity, in fact. […]

Building an Emergency Fund

I’m sure that you’ve heard this before, but it bears repeating: when you’re getting your financial house in order, your first step should be to build up an emergency fund. An emergency fund helps you get through financial rough patches in your life — broken washing machines, unexpected medical bills, and the like — without derailing the rest of your financial plan. […]

How Being Unhealthy Can Impact Your Finances

You may not think about it, but your health can affect your finances… sometimes in ways you wouldn’t expect. There’s the immediate cost of unhealthy behaviors, such as buying cigarettes or fast food. Then there are the long-term expenses, such as medical care for preventable diseases. […]

What Does TaxAct Have to Offer for 2017?

Tax season is upon as, and many are in the market for a preparation software to file their own tax returns. You may have heard of TaxAct before, as you filed in past years. […]

Everything You Need to Know About Renter’s Insurance

If you rent your home, you may be wondering what protection you have in the event of vandalism or a natural disaster. Renter’s insurance is designed to provide financial coverage for renters, since homeowner’s insurance and landlord’s insurance typically don’t cover things like a tenant’s personal property. Despite this, only 37% of renters currently have renter’s insurance. […]

Things to Consider When Applying for a Credit Card

Whether you’re applying for your first credit card or your tenth, there are key factors you should always consider. These include things like your credit score, income, and what you want out of a credit card. Your Creditworthiness The first thing to consider when applying for a credit card is your creditworthiness. […]

Rebuilding Your Savings After An Emergency Expense

Few of us are strangers to unexpected expenses. A financial emergency can occur at any given time, no matter how diligent and prepared you think you’ve been. […]

How to Prepare to Shift Into a New Career

Whether you’re driven by practicality or passion, the reality is that for many of us, career change is “the new normal.” This trend is largely due to a potent combination of a volatile employment landscape, and an increasing number of innovative ways that we can strike a new balance between work and life. […]

You Can Only Spend Each Dollar Once

Over the weekend, I sat down to talk a bit about money with our oldest son. He receives a decent monthly allowance; he got some gift money for his birthday back in October, and he also makes money from random jobs like pet sitting, etc. […]

How to Protect Yourself From Identity Theft

We live in a digital age where all sorts of personal information is stored on our cell phones, computers, and even in the chips of our credit cards. This has opened us up to the possibility of a security breach… and, in turn, identity theft. Over the years, the frequency of identity theft and fraud complaints has continued to increase, and shows no signs of stopping anytime soon. […]