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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

Cash Advances: 3 Things You Need to Know Before Getting One

By Sabado Domingo

Cash advances are very fast and easy to get, especially if you have a credit card. However, not all credit card issuers allow cash advances. Some people think that getting a cash advance is just making a withdrawal from an ATM or a bank, but it's ...

Continue reading Cash Advances: 3 Things You Need to Know Before Getting One

February 3, 2022

4 Kick-Ass Debt Lessons from the Karate Kid

By Ben Edwards

Most of us have been bullied at one time or another as a kid. Perhaps you were called a name or harassed or even hit. This near-universal experience may be one reason why the movie classic known as The Karate Kid resonated with both adults and ...

Continue reading 4 Kick-Ass Debt Lessons from the Karate Kid

February 2, 2022

4 Things You Should Know to Be Financially Literate

By Brooke Joly

Financial literacy is the ability to understand and implement basic financial concepts. And since financial education is still working its way to the mainstream, often it's the responsibility of each individual to figure out what personal finance ...

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January 31, 2022

How to Pay Off Credit Card Debt Quickly (No Matter How Much You Owe)

By Len Penzo

The most common reader question I get is this one: "How can I pay off my credit card debt as quickly as possible?" I always pay my credit card balances in full at the end of every month. That being said, I know exactly how I'd handle it if I ever ...

Continue reading How to Pay Off Credit Card Debt Quickly (No Matter How Much You Owe)

January 31, 2022

100 Words On: Why Many ‘Rich’ People Are Only Fooling Themselves

By Len Penzo

Pablo Picasso said, "I'd like to live as a poor man, with lots of money." Sage advice. That's because doing the exact opposite is a recipe that's guaranteed to eventually bring financial trouble to anybody brazen enough to try it. Still, that doesn't ...

Continue reading 100 Words On: Why Many ‘Rich’ People Are Only Fooling Themselves

January 27, 2022

9 Smart Reasons to Get Aggressive With Your Debt Busting

By Sabado Domingo

When it comes to paying down your debt, there are hundreds of reasons to get aggressive. Some are unique to individuals and their particular financial circumstances, but most cross the boundaries of personal situations to find common ground among ...

Continue reading 9 Smart Reasons to Get Aggressive With Your Debt Busting

January 19, 2022

Want a Higher Credit Score? Here’s How to Get It

By Enero Febrero

Do you wish your credit scores were higher? For the vast majority of working adults, the numerical scores reported by the three major bureaus have a massive impact on their lives. Not only do your scores determine whether you can borrow, but they ...

Continue reading Want a Higher Credit Score? Here’s How to Get It

January 17, 2022

8 Financial Resolutions To Adopt This Year

By Sabado Domingo

There's genuinely no better way to kickstart the new year than with a few motivational resolutions. And while most of us have listed resolutions like getting fit, eating healthier, and other common goals, deciding to make a few financial resolutions ...

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January 17, 2022

The Debt Business and How to Avoid Being an Economic-System Casualty

By Sabado Domingo

Does "the man" profit from you being in debt? The short answer: yes. There absolutely is money to be made by keeping people in debt. Think about it: You're granted a credit card with a $1500 limit and an interest rate of 17% (which sounds high ...

Continue reading The Debt Business and How to Avoid Being an Economic-System Casualty

January 12, 2022

100 Words On: Why Not All Debt is a Four-Letter Word

By Len Penzo

Not all debt is bad. Debt is generally okay whenever it is used to buy something that may increase in value. For example, going into debt can make perfect sense when you're trying to start a business, or expand an existing one. Very few people can ...

Continue reading 100 Words On: Why Not All Debt is a Four-Letter Word

December 30, 2021

These 4 Financial New Year’s Resolutions Are Actually Sustainable

By Sabado Domingo

One of the things that sets the human race apart from other species is our ability to learn by looking back at the past. But by this logic, New Year's resolutions should have long ceased to exist. After all, most people make enthusiastic New Year's ...

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December 24, 2021

What You Should Really Know About Credit Cards

By Sabado Domingo

Rifling through your wallet, you're likely to find an array of cards you might use for spending on certain products. Your main debit card is likely to be for regular shopping, such as for groceries, rent and utility bills. As for more peripheral ...

Continue reading What You Should Really Know About Credit Cards

December 15, 2021

Emergency Loans: What Are They and How Can You Get One?

By Sabado Domingo

You might be experiencing a financial emergency right now without enough money saved up to cover the expenses. If that sounds like you, the good news is emergency loans are available to help you with your problem, as they can provide fast funding to ...

Continue reading Emergency Loans: What Are They and How Can You Get One?

December 2, 2021

How to Raise Capital for Starting Your Business

By Sabado Domingo

Every business has a story and inevitable challenges that they had to face when they began their journey. However, businesses that face hardship are often the ones that succeed. While talent, skill, and intellectual abilities are crucial to ...

Continue reading How to Raise Capital for Starting Your Business

December 2, 2021

3 Credit Score Myths that Can Keep You from Growing Financially

By Tex Freitag

You learn how critical credit scores are to your quality of life from the moment you enter adulthood. Whether you apply for student loans, credit cards, auto loans, rent, mortgage, and in some cases, a job, your scores play a significant role, as ...

Continue reading 3 Credit Score Myths that Can Keep You from Growing Financially

November 17, 2021

5 Personal Finance Tenets That Aren’t as Smart as They Used to Be

By Len Penzo

When I was a kid I used to love the fun houses found at summer carnivals and local fairs. I loved the sense of twisted reality provided by image-distorting mirrors and the wacky side-rooms where water appeared to flow uphill and it was nearly ...

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November 1, 2021

6 Ways to Overcome a Bad Credit Report

By David Mills

Do you have problems managing your finances? Are you unable to meet your deadline repetitively? If you answered 'Yes' to both questions, don't feel disheartened; you're not alone. According to a report from the Corporation for Enterprise ...

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October 20, 2021

10 Great Ways to Avoid Student Loan Debt

By Mikey Rox

When the average student graduates, she's almost $30,000 in the hole. That's some education, all right. More than 44 million students are now up to their caps and gowns in student-load debt -- to the tune of $1.5 trillion. That makes student loans ...

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October 19, 2021

A Guide to No-Check Credit Loans

By Sabado Domingo

You might have heard of no-credit-check loans before now. These can be used in the case that you need fast access to cash for an emergency, this could be a car repair, a medical procedure, and so on, in spite of what your credit is like. With ...

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October 18, 2021

How to Get Hired for a New Job Even Though You Have Bad Credit

By Neal Frankle

Finding a good-paying job is never easy. And if you've got some scuff marks on your credit history, the task is even more challenging. Not many employers hire people without first combing through their credit report these days. That's because the ...

Continue reading How to Get Hired for a New Job Even Though You Have Bad Credit

October 12, 2021

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