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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

Len Penzo dot Com Is Five Years Old Today!

By Len Penzo

I wrote my first blog post five years ago today. Now I've got to be honest with you, folks: I only started Len Penzo dot Com as a way to try and keep myself from getting bored. It's true! Hopefully, I haven't bored too many of you since ...

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December 11, 2013

Why Doing Lines on Black Friday Isn’t All It’s Cracked Up to Be

By Len Penzo

Despite the conventional wisdom, Black Friday is not the busiest shopping day of the year. Most procrastinators know that honor belongs to the Saturday before Christmas. Black Friday has changed over the past decade or two, and the Internet has a ...

Continue reading Why Doing Lines on Black Friday Isn’t All It’s Cracked Up to Be

November 28, 2013

Financial Market Outlook: USA Versus UK

By Sabado Domingo

Both the United States and the United Kingdom's stock markets have had their share of ups and downs in the last few years, partly due to a shaky global world economy and the real estate bubble burst. While it's impossible to predict exactly how the ...

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November 24, 2013

Yet Another Reason Why I Hate Buying Tickets from Ticketmaster

By Len Penzo

Most of you know I've had a hate/hate relationship with Ticketmaster for a long time now. After all, this is the company that wrote the book on ridiculous consumer fees that, many people argue, only serve to exploit their hapless customers; it's a ...

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May 27, 2013

A Fun Interview with Stacking Benjamins’ Host, Joe Saul-Sehy

By Len Penzo

I recently met with Joe Saul-Sehy to talk about his new money podcast, Stacking Benjamins, which debuts this week. We had just finished recording his final Two Guys and Your Money show, and I figured it would be clever to conduct the interview via ...

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May 20, 2013

How I Stupidly Got Ripped Off by Not Getting Multiple Estimates

By Len Penzo

Whether we realize it or not, we manage financial risk whenever we take the time to get multiple price estimates from competing contractors. Those who do often get rewarded for their efforts. As for those who don't, well ... they often end up ...

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March 25, 2013

100 Words On: How Smart People Make High Risk Ventures Pay Off

By Len Penzo

Risk and reward are inextricably intertwined. Of course, the richest rewards come to those who are willing to take the biggest risks. The oft-forgotten corollary to that strategy is that, by its very nature, high risk endeavors also have a greater ...

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December 20, 2012

Why Financial Success Often Depends on the Road Not Taken

By Len Penzo

Decisions, decisions. Like it or not, our lives are defined by them. It's no secret that a big part of our financial success is based upon the decisions we make in life. Just ask any person who has jeopardized their financial future by, say, ...

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December 17, 2012

Why I Refuse to Get Upset By Subtly Deceptive Advertising

By Len Penzo

Last weekend I was lured to an online calendar website with the following promise: "Everything up to 60% off!" Sixty percent! While I was visiting there I found a calendar that was on sale for $13.49 -- $1.50 off the regular price of ...

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November 28, 2012

100 Words On: How to Avoid Burning Out

By Len Penzo

It takes real drive to turn our biggest dreams into reality, but sometimes the relentless passion that fuels our inevitable push for success becomes counterproductive. When personal expectations finally exceed what we can reasonably achieve on our ...

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October 4, 2012

The Olympics: More Proof Those Given Everything Appreciate Nothing

By Len Penzo

Am I the only person in America with a working television that hasn't watched a single minute of the Olympics on the boob tube? It's not that I'm not interested in them; I am. It's just that I've been really busy doing research and getting ready ...

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August 1, 2012

What Does ‘Flare’ Taste Like? When Swanky Marketing Goes Too Far.

By Len Penzo

Last week my boss and I were sitting in a conference room when he spied a pack of gum that someone had left on the table. "Hey, Len! You want some gum?" "Well, that depends," I said. "What flavor is it?" "Five." "Five? What the heck does ...

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July 2, 2012

My Daughter’s Latest Business Venture (A Car Wash? That’s So Last Year!)

By Lenina Penzo

This is another post from my 12-year-old daughter, Nina. Hi everyone! My dad asked me if I would write another article to tell you about my latest accomplishments so far in 2012. My last post received a lot of attention because it was put on ...

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February 8, 2012

Len Penzo dot Com Surpasses One Million Page Views!

By Len Penzo

When I wrote my first article for Len Penzo dot Com way back on December 11, 2008, one milestone I never considered reaching was the magical one million page-views marker. It's a good thing too, because during the first nine months of this blog's ...

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July 20, 2011

If It Feels Good Do It: Maybe Strategic Defaults Aren’t So Bad After All

By Len Penzo

I bought my first home in 1990 at the top of the Southern California real estate market and promptly found myself with an "underwater" mortgage. And although I owed more than the home was worth over the next seven long years, I never walked away from ...

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June 6, 2011

The Penner Awards: The 10 Craziest Money Blunders of 2010

By Len Penzo

As 2010 comes to a close, I think it is only appropriate that I share my picks for the ten dumbest money stories of the past year, highlighting some of the most dumbfounding displays of numismatical naivete and financial ineptitude known to ...

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December 29, 2010

Why Baseball’s Jayson Werth Is Worth $126 Million (and You’re Not)

By Mr. Credit Card

This is a guest post from my good friend, Mr. Credit Card, from www.askmrcreditcard.com.   For the past three years, his Philadelphia Phillies have been the nemesis of my beloved Los Angeles Dodgers. I certainly feel we can learn a lot from how b ...

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December 15, 2010

Consumer Alert: Qualia Free Coffee E-mail is a Scam

By Len Penzo

Any time I get an email offering me a free anything just for clicking on a link, I get suspicious. I know.   I'm just paranoid that way, but it usually saves me a lot of heartache down the road. Not five minutes ago I got an email from "J" who sent ...

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November 20, 2010

What Would YOU Be Willing to Do for a Million Dollars?

By Len Penzo

Several years ago I wrote a very popular post highlighting the seven deadly sins of personal finance. Of course, one of those seven deadly sins was greed. Greed often makes people do some really crazy things they wouldn't otherwise ...

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December 1, 2009

The 5 Worst Jobs For Teenagers

By Len Penzo

With summer here, schools are now on hiatus for vacation in most places around the country and teenagers are scurrying to find temporary jobs to earn some extra money. With that in mind, some parents may be interested to know that the National ...

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June 12, 2009

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