The Sun’s Financial Diary

Like about 100 million people across the country, I spent my Sunday evening watching Super Bowl XLIV between the Indianapolis Colts and the New Orleans Saints. I didn’t have a particular rooting interest in either of the teams although I did enjoy the feel good fairy tale ending for the city of New Orleans. [...]

I opened an ING Direct Business Savings Account last September when they had a promotion for $50 bonus. As I have explained in the post, the reason that I wanted to have an interest-bearing savings account for my business is, of course, to earn interest for the money that I had in a business checking [...]

As we’re getting into the tax season, how to lower tax payment legally is probably on everybody’s mind. While most techniques you could employ to reduce your tax bill for the previous tax year already expired at the end of the year from, there is still one thing you can do to significantly cut your [...]

I don’t know what it was like before, but for the first winter we are in Virginia, the snow we got so far was way too much, including 3 in just last week. Last December, we were lucky that we avoided the mess when we left town before last major storm hit. Not this time [...]

Are you using iPhone? If you are, then I have some freebies for you. No, it’s not the free Citi Mobile app.
I was contacted by Christopher Chapin at Space Age Industries LLC the other day about sharing a cool tool with readers of this blog, the Compound Interest Calculator (Don’t know how compound interest works? [...]

Zync from American Express is a rewards credit card that offers a full range of customizable card benefits. Membership Rewards, which can be redeemed for travel, shopping and entertainment rewards, are earned with every eligible purchase. Cardholders can also choose which Lifestyle Pack offers them the benefits they use most. Zync from American Express has [...]

A few years ago, after a long bout of worrying about money, I came to the realization that it’s expensive to be poor. If you don’t have the money to pay bills on time or at all, you incur expensive late fees and higher interest rates. A lack of available funds to purchase items when [...]

Are you a Citibank credit cardholder? If you are, then now you can access your Citi credit cards from your mobile device, such as BlackBerry, iPod Touch, or iPhone.
Citibank recently launched its mobile banking application, Citi Mobile, for iPhone which provides its customers with anywhere, anytime access to their credit card account information. Actually, Citibank [...]

Warren Buffett is in the news again!
Well, I suppose in the world of Wall Street, Warren Buffett never really leaves the news but the information that came out of Omaha, Nebraska this past week is particularly noteworthy.
On January 26th, it was announced that Berkshire Hathaway, Buffett’s holding company, would be replacing Burlington Northern Santa Fe, [...]

This is what competition is about.
Early last month, Charles Schwab reduced the commission for online equity trading to $8.95 per trade from the original price of $12.95. The move, as an recent article on Barron’s noted, could trigger a new price war in online trading. Now, there’s a strong evidence that the war may have [...]