The Sun’s Financial Diary

Since I am a Citi cardholder, I occasionally get promotional offer from the bank, offers on credit card and banking products. Recently, they sent me a promotion for cheap concert tickets this summer through Citi Private Pass. I myself is not a fan of music, but I thought I’d pass this promotion along to those [...]

I didn’t pay much attention to the “Cash for Clunkers” program (the Car Allowance Rebate System (CARS) program) because my 2000 Honda Accord is still in pretty good shape (though it has more than 115K miles on it already) and I have no plan to replace it. However, with so much talk about it, I [...]

It’s not a secret that entry level salaries aren’t the greatest paying, but college graduates still need to survive and somewhat enjoy their lives. This is why I really wanted to write about how college graduates can stretch their entry level salary as much as possible. Don’t worry because today I [...]

Money can be stressful. From earning to managing to spending, money consumes a large part of our lives and can even define how we feel about ourselves and how others view us, and that is during good economic times.
When times turn tough, any little cracks in our money handling run the risk of becoming giant, [...]

Early this year, Discover introduced a new prepaid debit for teenagers, the Discover Current Card. Even though the Current card is designed specially for teens, it gives their parents a great deal of control on the way their children use the cards. The goal is by using this card, parents and teens can work [...]

but they will come a rather heavy price.
Since now I am working in the DC area and will soon be a resident of Virginia, I started to tune my radio to news stations in this area. Early this week on my way back from work, this piece of news got my attention. Virginia Governor announced [...]

I have talked about Ally Bank quite a lot recently, from my decision to open an account with the bank, to troubles when trying to get a second account, to eventually leaving the bank after only two weeks. It wasn’t a good experience for me, even though initially I thought I could use Ally Bank [...]

I decided to end my short relationship with Ally Bank, though not completely.
For the two weeks that I banked with Ally, I felt very disappointed about the bank, not only because the trouble it caused during the process when I was opening my second CD account last week, which is very discouraging, [...]

This is ugly! Actually it’s much uglier than I first thought.
Last Thursday, I opened an Ally Bank 9-month No Penalty CD account. However, due to some errors in the process, I ended up opening two accounts, not just one as I wanted, each with an initial deposit of $56,000. Since I don’t have that much [...]

Nowadays, you won’t find many credit card issuers who are willing to give you 12 months of free loans (0% APR for 12 months) and even if there are card companies can give you 0% APR for 12 months, they usually charge at least 3% if you use the card to make balance transfer (the [...]