The Sun's Financial Diary

Stock prices are falling, house prices are falling, gas prices are falling. And when gas prices lost more than 60% in 5 months, we know we are going to get  a break on inflation. After all, the economy is in a recession and demands on everything are down. The Bureau of Labor Statistics released this [...]

Early last month, Kiplinger’s Personal Finance magazine published its annual best list. Among services and products recognized by the magazine, there are a few I am interested in having another look: Online Savings Account: FNBO Direct Checking Account: Schwab Bank High Yield Investor Checking Money-Market Account: Flagstar Bank Express Money Market I don’t know for [...]

Credit score is a three–digit number generated on the basis of your credit report. Most of the lenders judge the financial stability of a person through their credit scores. A FICO credit score ranging within 720 to 800 is considered to be a good credit score. A high credit score will help you to avail [...]

I read this Reuters article tonight about new credit card rules that may soon be effective. There aren’t many details, but from what I read, it could be a good news to consumers. According to the article, the Federal Reserve, along with other two federal agencies, will vote next Thursday on new credit card regulations [...]

As a rate chaser, I am always on the lookout for new bank offers. And if I find one that I feel can better serve my money, I usually end up getting an account myself. Since it seems that there are always bank offers better than I am using, the result of the rate chasing [...]

American households really took a hit in the third quarter of 2008. Federal Reserve released its third quarter Flow of Funds Accounts of the United States today. According to the report, U.S. households lost $2.8 trillion in value from July to September to a total of $56.539 trillion. That’s a 4.7% decline from the second [...]

The tax season is coming soon and it’s about time to consider some tax strategies as 2008 quickly draws to a conclusion. With stock markets got hammered so badly this year, there are some moves you can make to take advantage of the current situation while preparing yourself for a rebound in the stock markets [...]

I put together a list of routing numbers of some popular online banks, those that I track regularly for their savings account interest rates. Along with the online bank ABA routing numbers, I also provided the sources where I found them. Most of the numbers are from banks directly, others are from places like FatWallet [...]