Personal finance

Are These Myths Preventing You from Saving for Children’s Higher Education?

Posted by Sun on May 18, 2008 (3) Comment

We started to save for our daughter’s future education shortly after they were born (for our second daughter, we did wait nearly four months before opening a 529 plan for her ) and since then we have been making monthly contributions to their 529 accounts, currently5. Th at $14,77e reason for deciding to help [...]

Popularity: 13% [?]

Categories : 529 plan, Personal finance Tags: , ,

Best Cash Back Credit Cards

Posted by Sun on May 12, 2008 (13) Comment

I am a credit card person. Wherever possible, I use credit cards to pay for my purchases. To me, credit cards are my friend, not foe. The reasons for me to favor credit cards over debit cards or cash are twofold:

I know exactly where my money went,
I can get cash back for the money I [...]

Popularity: 23% [?]

Categories : Credit cards, Personal finance, Special Tags: , , ,

Online Bank Savings & Check Interest Rates

Posted by Sun on May 9, 2008 (17) Comment

It has been more than four months since I last updated my little interest rates table. During this four-month period, the rate picture of online banks has changed a lot, going down 5% something to mostly in the neighbourhood of 3% APY, as the Fed cut interest rates every time they met. However, the latest [...]

Popularity: 25% [?]

Categories : Banking, Personal finance Tags: , , ,

E*Trade Raise Rates on Complete Savings Account: Interest Rates Bottomed?

Posted by Sun on May 6, 2008 (5) Comment

In a sign that interest rates may stop falling and start rising, E*Trade Financial sent me an email this afternoon with a surprising update: Start May 8, they will increase the interest rate of their Complete Savings Account from the current 3.01% APY to 3.15% APY, though the Fed has cut interest rates by another [...]

Popularity: 17% [?]

Categories : Banking, Personal finance Tags: , , ,

First-Class Postage Going Up Again, Soon

Posted by Sun on May 6, 2008 (5) Comment

Back in February, the U.S. Postal Service announced that the postage for one-ounce first-class mail will go up by 1 cent to 42 cents next Monday, May 12th, so does the price for a Forever stamp.
When the stamp was first introduced in 2007, I didn’t buy any extra other than the booklet of 20 when [...]

Popularity: 18% [?]

Categories : Personal finance Tags: , ,