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 3)

Amazon Prime Rewards Visa Signature Card Review – 5% Cash Back at Amazon

Today we review the Amazon Prime Rewards Visa Signature Card. For those who frequently buy from Amazon, it’s hands down the best rewards card available. As you’ll see, you can earn up to 5% cash back with no annual fee. Every month I spend a few minutes reviewing the monthly credit card purchases my wife and I make. […]

5 Ways to Build Credit Without a Credit Card

Building good credit has many benefits. It helps you get low rate loans and approved for an apartment rental, just to name two. It can be a challenge, though, to build credit without a credit card. Here are five ways to do it. Americans’ credit scores are on the rise. Not everyone is necessarily cheering this news. […]

How to Find the Best Car Insurance for Teens

Adding a teenager to a car insurance policy is costly. If done correctly, however, there are ways to reduce those costs. Here are 5 ways to find the best car insurance for teens. Having a teen who can drive is a big adjustment. There’s helping them learn to drive and the worrying when they are on the road. […]

The Pros and Cons of Investing in Peer-to-Peer Loans

Peer-to-peer (P2P) investing offers the potential for high returns. With those higher returns, however, comes higher risk. Here we cover the pros and cons of investing in peer-to-peer loans. P2P investing has been growing in popularity in recent years. Some estimate that the market will near $900 billion by 2024. […]

What is the Best First Credit Card for Young People

Picking your first credit card can be a challenge. You want a card with great rates and features, and one you can actually get. Here are some options for finding the best first credit card. When you’re just starting out without much credit history, finding the right credit card can be tough. Limited credit can limit your options. […]

How to Save Money on Homeowners Insurance

Homeowners insurance is a necessity for those who own a home. It’s also required by mortgage companies. Here are some practical ways to save money on homeowners insurance. We’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 about saving money on your homeowner’s insurance. […]

What Happens to My Debt if I Die

Debt is a challenge to many in this life. But what happens to your debt when you die? The answer depends on a number of factors, including where you live, the type of debt, and whether a debt is secured. Nobody likes the idea of leaving their loved ones saddled with debt when they pass away. […]

9 Reasons Your Credit Score Has Dropped

It’s a common question–Why did my credit score drop? Your score can fall for many reasons. Some drops are insignificant, while others can seriously hurt your finances. We examine nine common reasons your credit score may have fallen. So you recently pulled your credit report or got an alert from a monitoring service. Suddenly, your score is lower than it was last month. […]

How to Rent an Apartment When You Don’t Have a Credit History

Many landlords check a prospective tenant’s credit report. For those with no credit, finding a landlord willing to take a chance on you can be a challenge. […]

How to Write a Winning Cover Letter

A cover letter is your 60-second chance to promote yourself. Write a poor cover letter and your resume lands in the rejection pile. Craft a compelling cover letter, however, and you land the coveted interview. Here are five keys to writing a great cover letter. Picture this scene. […]