The Sun's Financial Diary

This past Sunday, August 15th, is the effective date for existing bank customers to opt-in overdraft protection plans (new customers have to enroll in the program starting July 1st if they want the *protection*) in case their bank accounts are overdrawn. This is a requirement set by the new overdraft law which went into effective [...]

If you are a credit card user, I am sure you love to use your cards and receive 1%, 2% or even 3% cashback. But have you ever thought about who actually pay for all those credit card rewards, cashbacks, points, miles, you are getting when you use a rewards credit card to buy stuff? [...]

Despite deep partisan divide, President Barack Obama recently signed into law the Dodd-Frank Wall Street Corporate Reform and Consumer Protection Act. The law is meant to address a number of the dilemmas caused by financial institutions that resulted largely in one of the worst economic downturns since the Great Depression. Many of the changes addressed [...]

The easiest way to protect your money is to simply not spend it. If you’re safe and sound at home, then so is your money. Problem is, though, that many of us – myself included – enjoy getting out and about and indulging a bit from time to time. For our family, I’ve found that [...]

The AT&T Universal Savings and Rewards Card from Citibank, which was the first ever credit card I got more than 13 years ago, is a credit card that’s designed for those with good credit who desire a credit card with an excellent rewards program. This card acts both as a credit card and a calling [...]

Earlier this year, the economy and the nation’s financial health looked like it might finally be on the mend. After bottoming out in the 6500s in March 2009, the Dow has spent the last several quarters roaring back. By April of this year, the Dow was back above 11,000, unemployment numbers were starting to come [...]

The grass is always greener… Keeping up with the Joneses… Shall I go on? It seems like our society is always after the latest and the greatest, the biggest and the best. As a result, we dig deeper and deeper into our pockets to afford it. But why? Is it really better? Is it really [...]

Here are some current credit card bonus promotions if you are looking for extra incentives when deciding which card to apply for: Citi Forward Visa Card will give you a $200 gift certificate to Restaurant.com if you use your Citi Forward Card to make at least $100 purchase between now and September 15, 2010. With [...]