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 6)

Was 2013 a turning point (and what should you do about it)?

Sometimes history is obvious at the time; other times, key turning points become clear only in retrospect. The better people are able to recognize when such a change has occurred, the more sound their financial decisions they will be. […]

Buying the Right Snow Blower

This post comes from Aaron Brandt at our partner site Quizzle.com It’s time to face facts. It is now December. It is going to snow. And you need to be prepared to dig your way out of whatever icy mayhem this winter offers. Sure, you can toil away in the elements with a shovel, or you can upgrade to a snow blower and handle feet upon feet of snow with ease. […]

5 Shrewd Ways to Adjust Your Portfolio As You Near Retirement

Mike Lewis is a financial writer who discusses retirement planning, investment options, smart money management, and insurance. Life was good at the end of 2007 for Bill and Mary. Bill, at age 60, had enjoyed a successful career with Walgreens, one of the largest retail companies in America. […]

How To Win The Next Lottery, Guaranteed

The odds are astounding, really. Someone won the big Megamillions lottery jackpot of over $600 million last week. Millions of tickets were bought — No, make that hundreds of millions. Did you buy one? Why? Why would you, or any other rational person, buy a lottery ticket? The odds of winning are incomprehensibly small. And that’s really the key, isn’t it? […]

How sustainable are your financial habits?

Sustainability has become a key concept in environmental and resource-management circles. It’s also a good goal for your personal financial practices. I’m sure it once seemed as if the world contained an endless reservoir of oil; but by the end of the 20th century it was clear that when people draw on a resource faster than it can be replenished, eventually shortages will occur. […]

Five apps to protect your identity this holiday season

This post comes from Anthony Fontana at our partner site Quizzle.com It wasn’t too long ago that shopping actually required people to get off the couch and fight through crowds at the mall. That isn’t the case anymore. In fact, online shopping is easier than ever. Just last week I bought two pairs of jeans and a couple shirts, all within a matter of minutes, by using my smartphone. […]

Your assignment: work longer and/or save more

Back in 2010, near the Great Recession’s nadir, the National Retirement Risk Index (NRRI) released a finding many regarded as troubling in the extreme. That discovery was that even if Americans worked until age 65 and annuitized all their assets, including the proceeds from reverse mortgages on the homes in which they lived, fully 53 percent of U.S. […]

Bank Review: CIT Bank

If yours is a small business or middle-market company, one source you may turn to for financing or leasing capital is CIT Group, a 105-year-old New York City-based firm. CIT Bank, a division of CIT Group, Inc., is an FDIC-insured institution that assists consumers in much the same way that its parent company has helped finance business activity. […]

Why New Year’s resolutions fail and what to do differently next year

Have you started thinking about New Year’s resolutions? Do you want to lose weight in 2014, save more money or spend more time with family? I know I do. And research shows that roughly half of all Americans are hoping to do the same. Still, of those who resolve to make it happen, only a tiny percentage will keep their resolutions. […]

Capital One 360 Bank review

Capital One has been a major player in the credit-card arena. They expanded into the retail-banking space by acquiring three regional banks — Hibernia, North Fork and Chevy Chase Bank. They became one of the ten largest banks in the nation based on deposits after acquiring ING Direct. ING Direct was one of the most popular online savings banks among financially savvy consumers. […]