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 4)

11 Great Books About Money That Everybody Should Read

Editor’s Note: This post was originally published in 2007. However, we feel that the books listed here are timeless, and still provide a wealth (pun intended) of information. […]

The Triple Tax Advantages of a Health Savings Account

With the rising cost of healthcare in the United States, many are looking for ways to save on medical expenses. Employers are continuing to push healthcare costs onto workers, making monthly premiums higher than ever. In addition, high-deductible health insurance plans have become increasingly popular. For these reasons, people turn to health savings accounts for savings on medical expenses. […]

8 Ways to Save for Retirement in your 40s and 50s

I told the story elsewhere of how my wife and I woke up in our late 40s to a harsh realization: our investment cupboard was bare. We were not alone, though. In fact, millions of Americans in their 40s or 50s don’t have nearly enough money saved to retire. In a recent GAO survey, 29% of households age 55 or older had no retirement savings. […]

How to Use Up Your FSA Dollars Before You Lose Them

Given that the year’s end is quickly approaching, a lot of you are likely making moves to get your finances in order before 2017. For those of you who have employer-sponsored health insurance plans, you may have contributed to a Flexible Spending Account (or FSA) in 2016. An FSA is a tax-advantaged account offered by employers in conjunction with certain health insurance plans. […]

Credit Karma to Begin Offering Free Tax Filing for 2017

How do you plan to prepare and file your taxes this year? If you’re like 43% of Americans, you probably did your tax returns from the comfort of your home, maybe even using a service like TurboTax or TaxAct. Well, get ready because in 2017, there will be a newcomer to the market of tax filing services. […]

20 Money Saving Tips for the Holidays (#3 is our secret weapon)

All of us, I’m sure, are busy shopping and planning for gifts for all the people we care about. In the process, though, we need to take some precautions. We don’t want to end up in a situation where we are happy for a month, but are left paying December’s credit card bill throughout the next year. So, here is my list of money-saving tips for the holidays. […]

A Review of the Chase Freedom Unlimited Card

Looking for an easy-to-use rewards credit card that doesn’t make you think twice about bonus categories? One that earns you cash back no matter what you buy, with flexible redemption options? Well, the Chase Freedom Unlimited may be a great option for you. The Basics This rewards card offers a flat 1.5% cash back on every purchase. […]

How to (Legitimately) Make Money Online in 2017

Maybe you’re a stay-at-home mom looking for a new career, or a college student hoping to make money on a flexible schedule. No matter your situation, the web is the perfect place to explore money-making possibilities. […]

How to (Legitimately) Make Money Online in 2017

Maybe you’re a stay-at-home mom looking for a new career, or a college student hoping to make money on a flexible schedule. No matter your situation, the web is the perfect place to explore money-making possibilities. […]

Should You Consolidate Your Federal Student Loans?

Student loan consolidation is often touted as one of the big perks of using federal student loans. Unfortunately, there are a lot of myths out there about consolidating your student loans. […]