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)

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. […]

Lending Club Reduces Interest Rates for Borrowers

This is just a quick note to say that Lending Club appears to have reduced interest rates for borrowers by around half a percentage point. I first noticed this when I logged in to select notes for investment last week, and have seen mention of it elsewhere on the web. […]

Save for Retirement With a Spousal IRA

This is a guest post from Adam Hagerman of Money Relationship. If you like what you see here, please consider subscribing to his RSS feed. If you’re like most people, you may think that retirement is so far away that it can be dealt with later. The reality is that it is never too early to begin planning for retirement, and there is no better day than today. […]

How to Handle a Missing 1099 Form

Have you received all your tax paperwork? Every year around this time I get questions from people who are missing a Form 1099 and aren’t sure what to do. […]

Pursuing Financial Independence: Now What?

Yesterday, Matt challenged readers to figure our their financial priorities. That post generated some interesting responses, including one in which a reader wondered: “Now what?” I’m at the “now what” stage. We have paid the car off, and a fat savings account. We do not plan to pay off the house because we want to move soon. Not sure that the house will sell for the amount we paid. […]