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 147)

Paying Income Tax on Your Health Benefits?

My wife recently received a mass e-mail from an acquaintance warning of a supposed healthcare-related tax hike. The e-mail referenced H.R. 3590 and stated that, starting in 2011, your employer will be required to report the total value of your employer-provided health insurance plan on your W-2 form. […]

Legislation Mandates Improved 401(k) Transparency

You may have missed this heading into Memorial Day weekend, but on Friday the House approved legislation that includes a provision to improve 401(k) transparency. This provision was part of H.R. […]

Managing and Maintaining a Home Office

One way people have coped with hard financial times is by developing an alternative stream of income. Whether you’re worried about layoffs or are looking to speed your debt reduction efforts, this can be a great way to get a leg up on things. Some people start out with something like consulting or programming from home for a few hours each day. Others do their freelance work outside their home. […]

How to Spot Counterfeit Money

Have you ever gotten stuck with a counterfeit bill? The LA Times recently ran an interesting story about a guy who cashed in a $1000 Postal Service money order and received ten $20 bills along with eight $100 bills in return. Unfortunately, all eight of the $100 bills turned out to be fake. Even worse… Once the police got involved, they confiscated the bills, and he was out $800. […]

Our House is Worth a Ton of Money – No, Really, It Is!

This is a guest post from Christian of Money Obedience. If you like what you see here, please consider subscribing to his RSS feed. Mortgage rates hit bottom again at the end of last year, which is when we started the process of refinancing our mortgage – finally. (Note: Mortgage rates are currently at the lowest point of 2010). […]

Lending Club Update – April 2010 Performance

I’m a bit late with this update, but I wanted to get it out there because I’m closing in on one year of lending money through Lending Club and will be doing a big, year-end post sometime soon. As April came to a close, my “net annualized return” (NAR) was 10.65% — not too shabby. […]

Financial Reform: What’s in It for Me?

The House of Representative passed their Wall Street reform bill back in December, and the Senate just passed their own version last week. All that remains now is to reconcile the differences between the two bills. […]

Recasting or Shortening Your Mortgage – Pros and Cons

What would you do if you had a little windfall come your way? Would you spend it all, or would you look for ways to improve your finances, such as paying off some of your debt? […]

The Worst Banks in America

Do you like your bank? A lot of people don’t. In fact, according to the JD Power & Associates Retail Banking Satisfaction Study, average customer satisfaction with retail banks has dropped for the fourth straight year in 2010. Would bad service make you want to find a better bank? […]