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)

Debt Reduction: Penny Wise and Pound Foolish

Today I’m going to start off by asking a couple of questions… Are you carrying any high interest debt? Do you have any money in the bank? If you answered yes to both of these questions, then let me ask another one… Just how much money do you have in the bank? The reason I ask is that a surprising number of people are holding excess cash in the bank while paying ridiculous interest rates and failin […]

How to Get a Raise (or at Least Keep Your Job)

I’m a huge fan of taking control of my own situation. I don’t like giving mediocrity a place in my life because it gives others power over me, and leaves me less able to steer my own ship. […]

0% Credit Card Hop Scotch: Not a Kids Game

This is a guest post from Andy Jolls, a former FICO executive and founder of VideoCreditScore. If you like what you see here, please consider checking out his videos and/or subscribing to his RSS feed. A few years ago, a friend of mine was engaged in 0% credit card hopping. […]

Questions to Ask About Your Settlement Statement

As many of you know, we’re in the process of buying a townhouse. We recently received the paperwork from our lender, including our truth in lending disclosure, a disclosure book, and our good faith estimate. […]

Citi to Remove Automatic Travel Insurance

I recently learned that Citi is removing the automatic travel insurance from their cards, effective September 1, 2009. If you’re anything like me, then I know exactly what you’re thinking… “Travel insurance? […]

How to Save Money on Homeowners Insurance

I’ve written in the past about how to save money on health insurance, life insurance, and car insurance. Today I’m going to round things out with an article on homeowners insurance. […]

Ally Bank Raises Savings Account Interest Rate

Late last week, Ally Bank did something that’s been almost unheard of over the past year or so… They raised the interest rate on their online savings account. No, it wasn’t a large increase — just an additional 0.05% — but at least it wasn’t a decrease. It remains to be seen if anyone else will follow suit, but I doubt it. […]

How to Track Lending Club Investments in Quicken

I’m now convinced that investing through Lending Club is (at least for me) more than just a passing fancy. As such, I decided that it was high time to start tracking things in Quicken. I’ve actually been avoiding this task because I’ve already invested in over 100 loans, and the prospect of tracking so many independent investments is a bit daunting. […]

401(k) Limits to Decrease in 2010?

According to human resources consulting firm Mercer, the IRS might be forced to reduce 401(k) contribution limits in 2010. Next year’s limits, which are tied to inflation, will be announced in October. Inflation has been negative since March so, unless it picks up between now and October, the IRS will have no choice but to reduce contribution limits. […]