Dead Cat Bounce: The Complete Guide
They say that what happens must go down, but an equally true and less discussed phenomenon is that what goes down must go up. At least sometimes. The idea of ”bouncing a dead cat” may sound a bit unsettling, but if you hear it mentioned in a trading context, it refers to a specific phenomenon […]
Best credit cards of 2021 (how we make an extra $ 2,000 a year)
Several years ago I came to the painful realization that my credit card habits were costing me more than $ 10,000 up to this point! No, I didn’t have any credit card balance, I didn’t pay any interest or late fees. I paid my bill honestly each month in full. My mistake was that I […]
7 tax deductions and incentives for college students to save money
Over the past 20 years, the cost of college tuition has tripled and has grown nearly 8 times faster than wages. While public higher education is mostly the responsibility of the state, the federal government does encourage continuing education through tax deductions and tax incentives. To see how you can take advantage of these tax […]
Take part in the raffle for a $ 100 Free Home Depot Gift Card for 2021
Thanks to you Wealthy Nickel readers, I am giving a $ 100 Home Depot Gift Card to one lucky winner. Scroll down the page for full details! I started giving giveaways on this site about a year ago and have not stopped since then. I love pranks because they are a way to give you […]
How Jeff makes over $ 1,000 a year with online surveys
Is it really possible to make money from online surveys? I had the opportunity to interview Jeff Cooper, who blogs at Have Your Dollars Make Sense, about his side work with online polls and micro-problems. There is a lot of controversy about whether you can actually make money through surveys, but as you will see […]
10 properties in 10 years with Jonathan Sanchez
Welcome to the Wealthy Nickel Side Hustle and Entrepreneur interview series, where I share inspiring stories of people pursuing financial freedom through entrepreneurship. Today I had the opportunity to interview my friend and fellow blogger Jonathan Sanchez. He and his wife decided to invest in rental properties to improve the well-being of their family, and […]
11 common money mistakes and how to avoid them
Congratulations! You graduated from college and took your first job! This is an exciting and frightening new chapter all rolled into one. You will make some serious money for the first time in your life, but you will also be responsible for some serious adult bills. Avoid the most common monetary mistakes made by college […]
How risk averse are you? Here are the best ways to find out?
All the recent hype around Gamestop, cryptocurrency, non-fungible tokens (NFTs) and meme stocks got me thinking: anyone no longer risk averse? Anyone appreciate a steady profit versus playing 50/50 to win big or lose it all? Of course, I know the answer is yes. There are currently over $ 4 trillion in passive funds, which […]
How long to keep tax returns: 7 questions to consider
How long to keep tax returns is one of the most frequently asked questions in personal finance. Did you know that the average American spends 13 hours a year preparing federal tax returns? For small business owners, this figure almost doubles to 24 hours! After filing your tax return for the year, it’s always a […]
Is Chase Sapphire Preferred the Best Reward Credit Card Ever?
Whether you are looking for cashback or travel rewards, Chase Sapphire Preferred is one of the best cards out there. When I first learned about credit card rewards, Chase Sapphire Preferred was the very first card I applied for. With this card alone, our family of four was able to fly home for Christmas practically […]