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 5)

Are Extended Car Warranties Really Worth the Expense?

Car repairs always seem to come at the wrong time. What’s more, one single problem with a vehicle could cost you thousands of dollars straight from your pocket. When you first purchase a car, it can seem like the clock is ticking down to that manufacturer’s warranty expiration date with lightning speed. That timer starts as soon as you drive away from the lot. […]

Five Ways to Get Your Credit Report for Free

I’ve talked at length in the past about how your credit score is determined and why it’s important. Aside from paying your bills on time, one of the biggest things you can do to protect your credit score is to keep a close eye on your credit report. While you’re entitled to one free credit report per year from each of the three major credit reporting bureaus, sometimes that just doesn’t cut it. […]

Bankruptcy and Marriage: Should You Marry Someone Who Went Bankrupt?

Here’s an email about marriage and money that I recently received from a reader: I have a question about marrying someone who will go through bankruptcy BEFORE marriage. […]

How Much are Your Vices Really Costing You?

Do you drink beer? Smoke cigarettes? Do you love your morning latte on the way to work? Maybe you really enjoy lunch out with your coworkers a few times a week? Of course you do. However, these little habits may be costing you more than you think. More importantly, they could be doing serious damage to your financial future. I’m not knocking your vices. We all have them. […]

5 Shrewd Ways to Adjust Your Portfolio As You Near Retirement

Life was good at the end of 2007 for Bill and Mary. Bill, at age 60, had enjoyed a successful career with Walgreen’s, one of the largest retail companies in America. His career, begun 28 years previously, enabled Mary to be a stay-at-home mom and paid for their two kids’ college education. […]

Capital One® Quicksilver® Cash Rewards Credit Card Review – 1.5% Cash Back on ALL Purchases

One of the most important aspects of personal finance success is spending responsibly. Some experts preach that avoiding credit cards altogether is a terrific way to make sure you’re never in debt. Others suggest leaning on credit cards as often as possible to improve your credit and earn rewards. I personally espouse the latter advice. […]

8 Ways to Boost Your Resume While Still In School

Whether you’re still in high school or just finishing up college, work experience is key to landing on your feet when you graduate. The job market, especially for younger workers, is still pretty tough, with employers reporting a fairly flat number of new graduate hires projected for 2017. […]

8 Ways to Stretch Your Vacation Dollar

There are plenty of well-known ways to save money on your vacation, such as booking flights and hotels online, cashing in credit card rewards, or eating the free breakfast in your motel. […]

Five Primary Reasons Why Your Credit Card Application Was Declined

I try to take advantage of promotional credit card offers as much as possible. When big bonuses come around, I apply. When great cash back reward programs are offered, I’m immediately figuring out how much money I can save by using a new card instead of an old one. But sometimes all these new credit cards and their spending requirements can get me into a bit of a bind. […]

20 Ways to Save Money During 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. […]