A Simple Way to Break Your Habit to Overspend

I love Discover Magazine; I find most of the articles to be interesting and sometimes very inspiring too. As an engineer, I occasionally end up leveraging some of the scientific discoveries featured in the magazine in my research and development work. The March 2009 edition of Discovery had a very intriguing discussion piece on how the human brain works.

Within that article a professor of neuroscience at Princeton University

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Saturday Link Love

This past week, Len Penzo dot Com had articles posted at the following carnivals:

• The Carnival of Everything Money: An Editor’s Pick (!) for What It Really Feels Like to be a Millionaire
• Money Hacks Carnival #59 – Duct Tape Edition
• Recession Fighters
• Festival of Frugality
• Carnival of the Vanities
• Money Saving Tips
• The Bobo Carnival

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Don’t Fall for the Siren’s Song of Socialism

Rasmussen Reports released the results of a survey today that shows only 53% of American adults believe capitalism is better than socialism. This poll represents a shot over the heads of everybody who cares for the future of this country.

Among adults over 40, socialism is preferred by only 13% of those surveyed. But it is the view of the under-30 crowd that is especially disconcerting. Among those

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Is It Finally Time to Get Rid of the Penny?

A while back I moved into a new office at work. When I looked in the desk, I found 162 pennies in one of the drawers. I can only assume that the previous owner used the desk as his chosen repository for all the pennies he received in change whenever he went out for lunch.

I can’t really blame the guy who did that. In fact, I think pennies are an

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The Best of the Best in Money and Personal Finance

Gosh, am I nervous!  I feel like an investor in a new musical that has just opened up on Broadway…

Welcome to the inaugural edition of the Best of the Best in Money and Personal Finance!  The goal of this carnival is to provide bloggers with a stage for highlighting their very best personal finance posts of the previous month.   To keep the carnival true to its theme, I decided

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My Ten Commandments of Personal Finance

Maybe you heard about that infamous Kelton study done a couple years ago that found that Americans could identify more ingredients in a Big Mac than the individual Ten Commandments. To wit: eighty percent of Americans knew there were two all-beef patties in a Big Mac, but only 6 in 10 could identify “Thou shalt not kill” as one of the Ten Commandments.

My anecdotal research verifies the Kelton study.

I know

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Ten (Extremely) Out-of-the-Box Ideas for Saving Money

For many people, sticking to a tight budget often requires moving out of their traditional comfort zone. Studies have shown that thinking “outside the box” can provide many creative ideas for keeping a household budget on track — usually in ways that you might not otherwise consider.

Let me share with you ten out-of-the-box ideas that I am currently implementing and/or pondering in order to keep my household finances on

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Stop the Bailouts and Let the Bankruptcy Process Do Its Job

The Obama administration’s decision to force out the head of General Motors should send chills throughout the private sector for years to come. President Obama continues to use the current financial crisis to undermine the free market and stretch his authority vis-a-vis the private sector in ways previous presidents never dared.

Although it is a bit late I am certain that the ex-chairman of GM, Rick Wagoner, finally realizes that

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What It Really Feels Like To Be A Millionaire

Yesterday my family and I got in the car and drove to Arizona for the day to see my beloved Los Angeles Dodgers play a Cactus League game against the Chicago White Sox at their new spring training complex known as Camelback Ranch.

The Dodgers lost 6-1 and, I gotta tell you, if the Dodgers don’t find some pitching help real soon it’s going to be a very long season. We

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Blog Carnival News and Other Link Love

Several articles from Len Penzo dot Com were featured this week on other websites including The Carnival of Money Saving Tips, hosted at Save Few Bucks; Comics and Cents hosted at The Writer’s Coin; The Tax Carnival at Don’t Mess With Taxes; The Political Blog Weekly, hosted at US Common Sense; and, The Money Hacks Carnival, hosted at MoneyTLD.

Thanks guys for the link love!

By the way, I have started a

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