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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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18 Amazing Facts You Didn’t Know About Your Credit Cards

By Len Penzo

If you're like me, you never ever give your credit cards a second thought. However, after recently getting stuck in a supermarket line behind a nice lady who decided to pay for her groceries with a giant bag of loose change, I developed a new-found ...

Continue reading 18 Amazing Facts You Didn’t Know About Your Credit Cards

May 20, 2019

Is Coinstar’s 11.9% Conversion Fee Worth the Price?

By Len Penzo

I think grocery store self-check stands are both a blessing and a curse. When multiple shoppers, loaded up with enough groceries to, say, sustain a family of four through a nuclear winter are queued up in front of a human cashier, self-check kiosks ...

Continue reading Is Coinstar’s 11.9% Conversion Fee Worth the Price?

May 13, 2019

Good Personal Finance Habits Everyone Should Follow

By Len Penzo

There are good habits and there are bad habits - and I have a lot of bad habits. For example, I tend to bite my nails when I get stressed out. I also have a penchant for opening the cupboard to get a drinking glass -- then walking away and leaving ...

Continue reading Good Personal Finance Habits Everyone Should Follow

April 29, 2019

What are the Key Requirements for Securing a Startup Business Loan?

By Sabado Domingo

Businesses require loan facilities for a wide range of reasons such as: investing in equipment, maintaining business operations, starting a new branch, or even increasing a businesses' working capital. However, securing a loan is not an easy task as ...

Continue reading What are the Key Requirements for Securing a Startup Business Loan?

February 15, 2019

Rapid Cash Converter Loans for Tough Financial Situations

By Enero Febrero

Money matters are never as simple as we all grew up expecting and from time to time we can find ourselves in a financial fix due to one reason or the other. In such situations, it always boils down to the fact that we need quick money which could ...

Continue reading Rapid Cash Converter Loans for Tough Financial Situations

February 8, 2019

How to Choose a Bank for Your Small Business

By Sabado Domingo

One of the most challenging considerations when starting a small business is choosing a bank for your financial needs. For entrepreneurs, it can feel counterintuitive to use a different bank than what they use for personal finances. The overwhelming ...

Continue reading How to Choose a Bank for Your Small Business

January 30, 2019

How to Choose a Responsible Lender

By Enero Febrero

You've decided to take the plunge and get a personal loan. It all sounds so simple -- but the sheer volume of personal loan options and lenders to choose from can be overwhelming. With that in mind, here is a handy guide of five simple tips designed ...

Continue reading How to Choose a Responsible Lender

January 22, 2019

8 Small Business Financing Options for People with Bad or No Credit

By Sabado Domingo

After making the only New Year's resolution that matters, maybe it's time to use the resulting savings by turning it into an investment. A small business is one option, but they can be costly to maintain. Of course, there's certainly nothing wrong ...

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January 9, 2019

How to Open a Bank Account

By Sabado Domingo

Opening a bank account shouldn't be difficult. In our age of highly developed banking system, a life without bank accounts defies imagination. Indeed, it seems easier for us to visualize activities somewhere on the untrodden Venus or Uranus than ...

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December 18, 2018

4 Options for People Looking to Get a Used Car Loan

By Sabado Domingo

Driving is a part of life in the United States. We live in a large, spread out nation, which requires the use of vehicles to get from place to place. Many people choose to buy new cars. The US recently saw many years in a row of record new car sales. ...

Continue reading 4 Options for People Looking to Get a Used Car Loan

December 7, 2018

Are Credit Unions Better Than Banks?

By Sabado Domingo

There are a lot of questions surrounding if credit unions are better than banks. One of the problems with answering this question is that most of those asking don't understand the difference between the two. Credit unions have become more ...

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November 28, 2018

5 Reasons Why Banks Aren’t the Best Bet for Start-Up Loans

By Tex Freitag

The growth of startups worldwide has been nothing short of phenomenal over the last five to ten years. That growth is reflected in funding, which grew some 1400% between 2012 and 2017. Venture capitalists and lenders pumped $15 billion into US ...

Continue reading 5 Reasons Why Banks Aren’t the Best Bet for Start-Up Loans

November 23, 2018

Here’s a Look at Two Ways to Secure Home Financing

By Sabado Domingo

If you're thinking of buying a home, you will have to make sure you consider different financing options. This is one aspect you shouldn't take lightly, as homes aren't cheap. In fact, as the property market continues to reel from the effects of a ...

Continue reading Here’s a Look at Two Ways to Secure Home Financing

November 2, 2018

The 5 Worst US State Quarter Designs

By Len Penzo

It's hard to believe, but ten years has passed since the US Mint's very successful 50 State Quarters program ended. The program was a 10-year initiative that honored each of the nation's states in the order that they ratified the US Constitution or ...

Continue reading The 5 Worst US State Quarter Designs

October 29, 2018

How to Use Cryptocurrency to Improve Your Business Finances

By Sabado Domingo

Business owners around the globe have turned to cryptocurrency to improve their finances. When you consider the fact that cryptocurrency is gaining popularity at a very fast pace, it is no wonder why some businesses are beginning to accept it as a ...

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October 3, 2018

How Fees Quickly Erode Your Savings Account Returns

By Enero Febrero

Your savings are a long-term investment, and whether you have accounts for short term purchases to furnish your home, or fill your wardrobe -- or whether you have your emergency fund and bill payment funds saved in the same place -- you've worked ...

Continue reading How Fees Quickly Erode Your Savings Account Returns

August 31, 2018

7 Tips for Ensuring Your Personal Loan Application Gets Approved

By Tex Freitag

Personal expenses such as repair works and hospital bills can take up a considerable amount of money. With a personal loan, you can top up what you have or fund your needs fully. Although not all applications will be approved, here are some tips that ...

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July 5, 2018

100 Words On: The Real Reason Why Drive-Up ATMs Have Braille Keypads

By Len Penzo

One of life's greatest so-called mysteries is why American drive-up automated teller machine keypads have Braille on them. On the surface it seems to be a preposterous notion. After all, the logic goes, blind people can't drive; but who says only a ...

Continue reading 100 Words On: The Real Reason Why Drive-Up ATMs Have Braille Keypads

May 10, 2018

Here Are a Few Basic Factors to Consider When Shopping for a Home Loan

By Enero Febrero

Today, almost everyone understands that the last recession had its roots in domestic mortgage borrowing. Many home loans were effectively toxic and were almost completely dependent upon the increase in real estate values providing lenders with their ...

Continue reading Here Are a Few Basic Factors to Consider When Shopping for a Home Loan

May 8, 2018

Deciding Between Debit or Credit Is Easy with the Right Bank Account

By Tex Freitag

Every time you shop, you're likely presented with the conundrum of choosing debit or credit. After all. who carries cash anymore, anyway? When you're asked to decide, you might think: Do I want to get the cash back on that credit card, or is it ...

Continue reading Deciding Between Debit or Credit Is Easy with the Right Bank Account

March 29, 2018

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