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 133)

Should We Give Locally Before Giving Globally?

The need to give is everywhere. Giving is an important and integral part of personal and family budgets throughout the nation. As American’s we are blessed with an abundance, and with great abundance comes great responsibility. […]

Re-Evaluate Your Recurring Expenses

Over the past few months, I’ve locked in hundreds of dollars worth of savings without giving up a thing. How? Easy. […]

E*Trade to Move Banking Customers to Discover Bank

This is just a quick note to say that I recently received a letter from E*Trade Bank saying that they’re moving my account to Discover Bank. According to the letter: “We are writing to let you know that your E*Trade Bank account referenced above will soon be transferred to Discover Bank, and become a Discover Online Savings Account. […]

Increasing Our Life Insurance Coverage

Between closing on our new home and dealing with our new expenses, we’ve learned quite a bit over the past month. We’re now turning our attention to our insurance needs and considering increasing our life insurance coverage. We’ve been feeling as if we don’t have enough life insurance given our new financial circumstances. […]

2011 Federal Income Tax Brackets (Projected Tax Rates)

Today I wanted to take a look ahead at what the 2011 tax year might have in store for us. Yes, I realize that we still have two months before 2009 taxes are due, but there are some important changes looming and the time to start planning is now. Income tax bracket changes In case you weren’t aware, the Bush tax cuts of 2001 and 2003 are set to expire at the end of 2010. […]

Balance Transfer Credit Cards (Current 0% APR Balance Transfer Offers)

The Credit Card Act of 2009 hasn’t even gone into effect yet, and it’s already had a major impact on the credit card landscape. Take, for example, balance transfer credit cards. Less than a year ago, you could apply for a no-fee balance transfer offer for 12 months. Today, there don’t seem to be any no-fee, zero percent balance transfer offers. They simply don’t exist any more. […]

Interest Free Financing and Cash Discounts

Interest free financing presents us with an opportunity to borrow money for free while investing with the possibility of greater gain. On the other hand, using cash for purchases can save us money immediately by increasing the likelihood of a discounted purchase. Is one superior to the other? […]

Are You a Spender or a Saver at Heart?

This is a guest post from Richard Barrington, who is a banking analyst for MoneyRates.com. Richard previously spent over twenty years as an investment industry executive. Whether you tend to save money or overspend is largely determined by your financial habits. […]

More on Lending Club’s Reduced Interest Rates

As a followup to yesterday’s post about Lending Club reducing their rates for borrowers, I reached out to Rob Garcia, who is the Senior Director of Product Strategy at Lending Club. Here’s what he had to say: As you know, we constantly monitor our marketplace to provide better rates to borrowers and great returns to investors. […]

New Home, New Expenses

After less than a month in our new home, we’re still adjusting to being home owners (or ‘home loaners’ as my husband likes to say). Among many other changes, we have some new expenses that we didn’t have as renters. Mortgage payments For example, our first mortgage payment is due in March. […]