-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 WjmTkZ4+/8aG32ftAerq8/6K0l3wtpp8arLGzqLjOE3bv/vvQQ0om9f47cxMWrh4
 q+BVRFGbR5NcFnePH0YTAg==

<SEC-DOCUMENT>0001038838-04-000949.txt : 20041014
<SEC-HEADER>0001038838-04-000949.hdr.sgml : 20041014
<ACCEPTANCE-DATETIME>20041014150326
ACCESSION NUMBER:		0001038838-04-000949
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040908
FILED AS OF DATE:		20041014
DATE AS OF CHANGE:		20041014

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Devine Michael
		CENTRAL INDEX KEY:			0001304273

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22236
		FILM NUMBER:		041078794

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		520-742-7373

	MAIL ADDRESS:	
		STREET 1:		8031 N. TUSCANY DRIVE
		CITY:			TUCSON
		STATE:			AZ
		ZIP:			85742

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FARADAY FINANCIAL INC
		CENTRAL INDEX KEY:			0000910639
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MANAGEMENT CONSULTING SERVICES [8742]
		IRS NUMBER:				330565710
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		175 SOUTH MAIN STREET
		STREET 2:		SUITE 1240
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84111
		BUSINESS PHONE:		801-502-6100

	MAIL ADDRESS:	
		STREET 1:		175 SOUTH MAIN STREET
		STREET 2:		SUITE 1240
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84111
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>form3devine090804_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2004-09-08</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000910639</issuerCik>
        <issuerName>FARADAY FINANCIAL INC</issuerName>
        <issuerTradingSymbol>NONE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001304273</rptOwnerCik>
            <rptOwnerName>Devine Michael</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>8031 N. TUSCANY DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>TUCSON</rptOwnerCity>
            <rptOwnerState>AZ</rptOwnerState>
            <rptOwnerZipCode>85742</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>CFO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>424787</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Options</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2004-09-08</value>
            </exerciseDate>
            <expirationDate>
                <value>2014-02-07</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>103578</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Options exercisable for 64,739 shares of common stock vest in equal monthly installments from November 7, 2004 through
 February 7, 2008. The remaining options are vested or vest within the next 60 days.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/d/ Michael W. Devine</signatureName>
        <signatureDate>2004-09-14</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----