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 137)

Mapping Out Our Financial Life

The other night I spent some time streamlining our banking system. I’ve more or less settled on three core online savings accounts: ING Direct, Ally Bank, and Discover Bank to go along with our local bank accounts. Why these three? As many of you know, I love the convenience of ING Direct. They’re so good at so many things. […]

Link Roundup: Transmission Trouble Edition

Over the past week or so, my wife’s 2004 Odyssey has given her a blinking green “D” (drive) light on several occasions. After looking in the owner’s manual, we were a bit concerned because the blinking green light is a sign of transmission trouble. For those that are unaware, the 2nd generation (1999-2004) Honda Odyssey has a history of transmission troubles, particularly in the earlier years. […]

Stop Learning and Start Earning

It’s time to stop learning and start earning. I’m not kidding. You really should stop studying and just get out there. […]

Mixed Banking News From the FDIC

This is for all you financial statistics junkies out there… According to the FDIC’s quarterly banking profile, more than one in ten US banks (829 out of 7830) are currently in trouble, and the number appears is climbing, with the number of banks on their “problem list” increased by 7% during the 2nd quarter. In terms of bank failures, 118 banks have already under in 2010, compared to 140 in all o […]

Hotel Alternatives: Save Money When Traveling

This is a guest post from Matthew Kepnes of Nomadic Matt’s Travel Site. If you like what you see here, please consider subscribing to his RSS feed. When we go on vacation, we book a hotel. We are sort of taught that’s where you stay. By instinct we book a hotel. […]

Paying Down Debt With a HELOC

Are you swamped with high interest debt and looking for a solution? The airwaves are filled with ads for debt consolidation, but do you really need someone to do it for you? Why not do your own legwork and roll your debts into one low(er) interest loan? One option for consolidating your debt is rolling it into a HELOC. But first… You might have some questions. What is a HELOC? […]

Flexible Spending Account Changes for 2011 and Beyond

Open enrollment season is just around the corner. With that in mind, I wanted to remind you of some changes that will soon be affecting Flexible Spending Accounts. For those that are unaware, an FSA allows you to use pre-tax dollars to pay for medical expenses. […]

Claim Your Credit Card Rewards

Here’s some homework for this weekend… Log into your credit card accounts and claim whatever rewards you might have accrued. While some reward credit cards (such as Amex Blue Cash) automatically credit your cash to your account, others (such as Chase Freedom) don’t. When I logged into our Chase Freedom account the other night, I found that we had a bit over 25k points waiting to be redeemed. […]

How Many Checks Do You Write?

Do you still write checks? Whenever I mention the (seemingly) ancient are of check writing, I always get a few comments from readers who have long since quit writing checks. As much as I’d like to join the ranks of the non-check-writers, we still have a number of instances where we need to write a check. […]

Character Flaws and Financial Success

It occurred to me recently that I can use my character flaws to make much smarter life choices going forward – financial and otherwise. More importantly, so can you. The thought popped into my head while my wife and I were on vacation in New York. (Side note – the vacation was debt free!) While there, we visited two of our best friends – Lori and Nathan. […]