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 151)

The Newlywed’s Guide to Managing Money

As I mentioned last week when I wrote about saving money on your wedding, your wedding day is just one day out of your entire marriage. Today I want to talk a bit about managing your money to make the rest of your marriage as smooth as possible. Being responsible with your finances includes looking at how the two of you view money and planning how you’ll approach it in your marriage. […]

Will the Homebuyer Tax Credit Be Extended?

This is just a quick note about the $8000/$6500 homebuyer tax credit. As you may recall, this credit was originally introduced as an $8000 first-time homebuyer tax credit that was set to expire on November 30, 2009. Shortly before its expiration, Congress acted to push the expiration date back to April 30, 2010. […]

Investment Losses and the Wash Sale Rule

Most investors are familiar with the concept of “capital gains.” A capital gain is a profit that results from the sale of an asset that has appreciated beyond its purchase price. […]

How Do You Keep Track of Your Finances?

I’ve shared a lot about how we keep track of our finances, so today I want to turn the tables and ask you guys to share your methods. As you’re likely aware, I’m a bit of a Quicken junkie, having tracked our spending, investments, etc. in one version or another since January 1, 1997. (Yeah, I know. […]

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. […]