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 139)

How to Add Linked Accounts to ING Direct

As I noted when I wrote about closing our HSBC Advance saving account, I’ve been trying to streamline our finances. As a part of this process, I’ve also decided to interlink our remaining accounts more effectively. As has been the case for years, the “hub” of our online banking system is ING Direct, so today I wanted to share the steps for linking additional accounts to ING. […]

Death and (No) Taxes: The 2010 Estate Tax Loophole

In the United States, the estate tax is a tax imposed on the transfer of assets from a deceased individual to their heirs. […]

Citi Dividend Platinum Adopts Rotating Reward Categories

Guess what? Since I’m such a “valued cardmember,” Citi recently wrote to say that they’ve decided to “enhance” the rewards program associated with my Citi Dividend Platinum Select card. […]

Summer Travel Plans

I don’t know about you guys, but we’re headed out of town for a glorious week of relaxation. In fact, by the time you read this, we’ll have nearly reached our destination. As we do nearly every summer, we’re traveling by car, and we’ll wind up covering close to 3,000 miles by the time we get back home. […]

Pick and Process Your Own Fruit to Save Money

It’s that time of year again folks! It’s harvest season for pick your own strawberries here in Michigan, and blueberry season isn’t far behind. Wouldn’t you rather pick local, organically grown berries for a fraction of the cost of store bought berries from who-knows-where? Good, me too. First, go to to find local, organic fruit growers. […]

Credit Card Rental Car Insurance Policies

I’ve written in the past about the hidden costs of renting a car, and Laura touched on one of these – rental car insurance – yesterday. Today I want to follow that up by taking a closer look at credit card rental car insurance policies. Believe it or not, all major credit card issuers provide you with rental car insurance coverage if you pay for the rental with your card. […]

Best and Worst Airlines for Redeeming Frequent Flyer Miles

The most recent issue of Money Magazine highlighted an interesting study on the availability of reward flights on five major airlines. […]

Travel Insurance – What’s Necessary?

This past week has been a lot of fun, as we’ve been hanging in Los Angeles for our vacation. It’s great to have some fun while getting work done as we headed to the E3 Expo to check out the latest video game technology. Our trip out west went smoothly, and we arrived in LA on time. Our friend’s wife wasn’t so fortunate, as she got caught in Atlanta with multiple delays. […]

The Downside of Travel Rewards

Despite my revelation on Friday that we’re getting an AmEx Delta SkyMiles card, I have to admit that I’m not a huge fan of travel-based rewards. This goes for both airline and hotel rewards programs. There are several reasons for this… Redemption difficulties First and foremost, it’s often difficult to redeem your rewards even if you’ve saved up a ton of points or miles. […]

Applying for an AmEx Delta SkyMiles Credit Card

We’re in the midst of some travel planning, and have decided to pull the trigger and apply for an American Express Platinum Delta SkyMiles card. Why? Several reasons… Baggage fees. As I noted about six weeks ago, Delta is now waiving their baggage fees for AmEx Delta cardholders. When we take long trips as a family, it’s not uncommon to check four bags (for the six of us). […]