Saving for College

I just ran across an article by Suze Orman on saving for your kids’ college education. Pretty run of the mill stuff, but good advice just the same. The take home lesson is that you need to prioritize your investment needs, and that you shouldn’t rank saving for college ahead of some other critical areas. […]

Investing on Friday the 13th

For all of you day traders out there… According to a recent CNN/Money article, you might want to try your luck investing on Friday the 13th. Over the past 50 years, the stock market (or at least the Dow) has performed better on this traditionally unlucky day than it has on a typical Friday.

Kids as a Tax Dodge

I know that this comes well after tax season, but I somehow neglected to write up something about this sooner. Regardless, it’s never too late to plan for the future… So here’s my advice if you want to minimize your tax liability in the coming years: have kids (or have more kids). That’s right, the […]

FiveCentNickel on

It was just brought to my attention by Ryan over at My Cashflow Blog that this site was mentioned in a Reuters article about personal finance weblogs along with the likes of All Things Financial, PFBlog, Frugal for Life, Seeking Alpha, and Sound Money Tips. Their take on what I’ve put together so far? “Short […]

Why Gas Won’t Get Cheaper

The May 9th issue of Time magazine had an interesting article on why it is that gas prices won’t be getting any cheaper (you can also read it online; subscription required). Nothing terribly new here, but there are some interesting statistics, as well as a bit of investment advice.

A Small(ish) Citi Gotcha

As you may have read in my previous entries (here and here), I’m a big fan of CitiBank credit cards and their generous rewards programs. This is not, however, to say that Citi is a credit card panacea. In fact, I just ran into one of their less obvious limitations during the past week.

Time is Money

At last! I’ve spent the last couple of days racking my brain, trying to remember the name of personal finance book that forever changed the way I think about money. After a good while browsing on Amazon tonight, I finally found it. But first the backstory… It was the mid-90s, I was in graduate school, […]

The Quarter Million Dollar Baby

There’s an interesting article over on MSN Money about the cost of raising a child. According to the most recent data from the USDA, a family making $70, 200 per year will spend an eye-popping $269, 520 to raise a child from birth through age 17. The numbers are a bit lower for lower income […]

Reshuffle Your Retirement, Part Deux

Not long ago, I wrote about rethinking your retirement contributions. In short, I suggested that you might want to consider sending excess contributions (those that go beyond what is necessary to get your employer’s match) to a Roth IRA rather than sending them to your 401(k) or 403(b). When I first started my current job, […]

Hospital Rankings Available Online

In the interest of remaining healthy, as well as wealthy and wise, I thought y’all might be interested in the U.S. Department of Health & Human Services’ hospital comparison website. This site, which was launched in April, allows you to assess the quality of care at nearly 4, 200 hospitals nationwide. While it currently only […]