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 140)

Buying Series I Savings Bonds

Well, it took me nearly six months to take my own advice, but… I logged into TreasuryDirect last night and bought some Series I Savings Bonds. We were initially delayed by some snags in setting up my wife’s account, and then time simply got away from us. I was finally prompted to act by news that the variable portion of the interest rate will be dropping from 3.06% to 1.54% in May. […]

Don’t Take a Vacation From Your Budget

My wife and I spent the first eleven days of this month enjoying our debt free vacation. Although we didn’t exceed our budgeted vacation spending, we found that the unstructured life of vacation could easily spill over into our every day financial lives when we got back home. Vacation spending When on vacation, it’s common to approach spending in unfamiliar ways. […]

AmEx Gold Card 25k Signup Bonus

It’s back! American Express has offered a 25k point signup bonus in the past, but not for awhile. I recently received word, however, that they’ve revived this promo, offering a 25k point signup bonus for the AmEx Rewards Gold Card. This bonus is good for a free plane ticket, or up to $250 in store gift cards. […]

Buying Life Insurance: One Company or Two?

A reader named Sandra recently wrote in with a question about buying life insurance. Here’s what she asked: I have a life insurance question. I am looking for life insurance for my husband and me. […]

Planning Your Dream Wedding on a Budget

Wedding Season Approaching! My in-laws had a wedding last summer that was absolutely beautiful, and it didn’t break the bank. It didn’t happen by accident, though, as it took some planning on their part. […]

Tax Deferred vs. Roth Retirement Contributions

If given the choice, should you make traditional (i.e., tax-deductible) or Roth retirement contributions? This has been a hot question in financial planning circles ever since Roth plans were created in 1997. For the sake of simplicity, I’m going to restrict today’s discussion to IRAs, but it’s applicable to any retirement vehicle with a tax-deferred vs. Roth option. […]

Low Interest Credit Cards

This post continues our series describing features of the best credit card offers in specific categories. So far we’ve taken a look at PenFed credit cards, Chase credit cards, Citibank credit cards, and Top 8 Balance Transfers. Today we’re happy to bring you information about the best low interest credit cards. […]

Should You Roll Over Your 401(k)?

There once was a time when people worked the same job their entire life and retired with a pension. Now? Not so much. Instead, most people work multiple jobs during their lifetime, and their retirement is funded by money accrued in their 401(k). So… When you switch jobs, what should your old 401(k)? Don’t cash it out First and foremost, do not cash out your 401(k). […]

How Much Money Do You Need to Retire?

Over the past several months, JD over at GetRichSlowly has been running a poll that asked the following question: If you were 65 and retiring today, how much do you think you would need? Interestingly, 42% of respondents said they’d need over $1M, and 27% said they’d need more than $2M. […]

Thoughts on Lending Money

I’m willing to bet that most of you have either loaned money to friends and family, or have been asked to do so. How did the experience pan out for you? […]