Deciding If You Should Have a High Deductible Health Plan

As a followup to Wednesday’s article on whether or not you should use your employer’s HSA custodian, I wanted to talk a bit about deciding whether or not to switch to a high deductible health plan (HDHP). For me, the decision was based entirely on a quick cost/benefit calculation. Consider the premiums The most obvious […]

How to Hire the Perfect Business or Life Coach for Free

You will benefit in unimaginable ways if you hire a great business or life coach. I don’t care if you are trying to get rid of credit card debt, fix your marriage, or start saving for retirement. You can hire a great coach. And the good news is that the very best coaches will gladly […]

Should You Use Your Employer’s HSA Custodian?

I’ve written in the past about how unhappy I am with my employer’s choice for our HSA custodian. In terms of accounts fees and service, they’re fine. When it comes to investment options, however, they’re awful. Every single fund has a load and a high expense ratio. All of this got me to thinking about […]

How to Handle Debt Collectors

I hate debt collection agencies. This distaste is mainly because of past personal experience. A few of years ago, a collection company called me repeatedly about a medical bill that my insurance company had already paid. I sent the proof of payment through fax and mail, but they refused to accept it. I decided that […]

Series I Savings Bond Rates – November 2010

This is just a quick note to say that the September inflation numbers are out, so we can now calculate the new Series I Savings Bond rates that will go into effect in November. As I’ve noted in the past, the Series I Savings Bond rate is composed of a fixed and a variable portion. […]

Power Over Plastic: Seven Practical Ways to Pay Off Credit Card Debt

This is a guest post from Jeremy Wright, who is a freelance financial writer. In the war on waste, we’re a credit to our communities. Our habits and our habitats are “greener” than ever. Sadly, in the war for our wallets, we’re still letting plastic beat paper. In the interest of “greening” our finances, here […]

Are NFL Fines Tax Deductible?

If you’re an NFL football fan, then you’re likely aware that there were a number of (literally) mind-numbing hits on wide receivers this past weekend. These included vicious hits by Pittsburgh’s James Harrison, Atlanta’s Dunta Robinson, and New England’s Brandon Merriweather. In case you missed them, here are some links to video clips on YouTube: […]

EPA Increases Allowable Ethanol Content in Gas

I’ve written in the past about how many drivers have reported significant drops in mileage when using a 10% ethanol-blended gas. That post spurred a ton of discussion, so I thought it would be worth highlighting a bit of ethanol-related news that I recently ran across… Did you know that the EPA has approved E15 […]

Husband Cancels Life Insurance, Wife Divorces Husband

Divorcing someone just because they cancel their life insurance policy? Is that a reasonable thing to do? The idea stunned me when I first read the e-mail. I figured there had to be more to the story, and there probably was. But as I read Melinda’s e-mail, I realized that when her husband canceled that […]

Five Things to Know About Getting a Person-to-Person (P2P) Loan

This is a guest post from Beverly Blair Harzog, who is a contributing editor at and co-author of the book “The Complete Idiot’s Guide to Person-to-Person Lending.” Five Cent Nickel has previously featured articles on Alternative Approaches to Investing with Lending Club and My Lending Club Loan Selection Criteria. When I was offered the […]