The Sun's Financial Diary

I recently started thinking about money and women after I read a book written by Barbara Stanny. She is an author to a few books such as “The Secret of Six Figure Women” and “Prince Charming Isn’t Coming.” There were a few women that laugh after I told them the second book title because well, it was funny. Unfortunately, [...]

My folks are retired.  They have been for a good ten years now and in between travelling and soaking in the warm weather, they do their best to manage their investment portfolio to fund their retirement plans. They try to maintain a relatively safe portfolio that provides at least a decent return on their money [...]

A debit card could be the best option for you if you have issues with financial responsibility and controlling your spending and debt levels. However, while a debit card is a more responsible version of a credit card, it does not replace a credit card completely. For example, following are five things which a credit [...]

Good paying jobs are hard to come by in this tough economy, even for experienced professionals (the latest employment report this morning shows a 9.7% unemployment rate nationwide). After millions of job losses since the beginning of the current recession two and a half years ago, new grads are in a especially difficult position to [...]

Your clothes, shoes, cars and home furnishings will go in and out of style over the next 20 years as they have over the past 20 years. Music will change, television shows will end and dog breeds will fall in and out of favor. One thing that never changes, however, is how you should treat [...]

Living without credit in 2010 isn’t easy. The economy has evolved in recent decades such that credit is an unavoidable part of almost every major purchase. Buying a car, taking out a mortgage and even signing a wireless service contract all involve your credit to one extent or another. Increasingly, employers are even pulling the [...]

A couple of years ago, when airlines first started to add surcharges for checked-in baggage, their excuses were to use the extra fees to offset high fuel cost. At that time, the price of a barrel of crude oil was something like $140 and there were predictions that the cost of oil could go up [...]

One of the first things many people do when creating their own financial plan is to determine their net worth. By adding all assets and subtracting all liabilities they will create a financial starting point that indicates how healthy their situation is or isn’t. But relying too much on this number itself without properly weighing [...]