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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

Do Payday Loans Have Any Benefits?

By Enero Febrero

Many people take out a payday loan when they have no other way of getting urgent cash. Whether it's a sudden medical bill or overdue rent, payday loans are often the only way to get that financial cushion, short of borrowing from a friend or ...

Continue reading Do Payday Loans Have Any Benefits?

November 20, 2020

Time vs. Money: Are You an Unwitting Financial Time Traveler?

By Len Penzo

I have a voracious appetite for time-travel stories. I absolutely love 'em. One of my all-time favorite television shows, The Twilight Zone, devoted at least five episodes to the subject; I wish Rod Serling had written more of them. With that ...

Continue reading Time vs. Money: Are You an Unwitting Financial Time Traveler?

November 16, 2020

The Ten Commandments of Personal Finance

By Len Penzo

Maybe you heard about that infamous Kelton study that found Americans could identify more ingredients in a Big Mac than the individual Ten Commandments. It's true, folks; 80% of Americans knew there were two all-beef patties in a Big Mac -- but ...

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November 9, 2020

The Pros & Cons of Freezing Your Credit Report: Is It Really Worth It?

By Len Penzo

The humongous data breach in 2017 by Equifax that exposed the sensitive personal information of nearly 146 million Americans, greatly increased the risk of identity theft and financial fraud for those affected. Most people realize it's a risk that ...

Continue reading The Pros & Cons of Freezing Your Credit Report: Is It Really Worth It?

October 12, 2020

Yes, Check Writing Still Has Its Benefits; Here’s Why

By Sabado Domingo

In the old days, people wrote checks for everything from groceries to used cars. Everybody walked around with a checkbook in their purse or back pocket because it was the primary means of conducting transactions. Not any more. Today, most people ...

Continue reading Yes, Check Writing Still Has Its Benefits; Here’s Why

October 7, 2020

14 Unconventional Money Moves That Are Smarter Than You Think

By Len Penzo

Life doesn't always turn out as you might expect it to. The truth is, many things in life often defy all sense of logic. For example, there was a time when a reasonable person watching Justin Bieber sing on a city sidewalk for spare change would ...

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October 5, 2020

100 Famous Quotes About Debt

By Len Penzo

Let's face it: not all debt is bad. For example, debt is generally okay whenever it's used to buy something that may increase in value. That being said, it's always best to try and keep your debts to a minimum. So with that in mind, here are, in ...

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September 28, 2020

The Best Household CEOs Understand the Importance of Saying ‘No’

By Len Penzo

By most accounts, there are more than 250,000 words in the English language. Of course, I have my favorites. For example, I've always been quite fond of platypus; I smile every time I hear myself say it. For some reason, there happens to be ...

Continue reading The Best Household CEOs Understand the Importance of Saying ‘No’

September 14, 2020

5 Telltale Signs That You’re Headed for a Credit Crisis

By Sabado Domingo

You don't have bad credit -- yet. However, anyone can make a mistake that leads him or her down the wrong credit path. Fortunately, bad credit isn't usually something that develops overnight; instead, credit errors compile over time to transform a ...

Continue reading 5 Telltale Signs That You’re Headed for a Credit Crisis

September 2, 2020

18 Facts You Didn’t Know About the National Debt

By Len Penzo

I know that Halloween is still more than a month away, but it won't be long before people will once again be looking for ways to scare the pants off unwitting friends and family members. One way to do that without having to dress up like a ghost ...

Continue reading 18 Facts You Didn’t Know About the National Debt

August 31, 2020

5 Things Everyone Should Do Before Applying for a Mortgage

By Sabado Domingo

Have you checked your credit score? Do you have all of the correct paperwork in order? Are you aware of the market in which you are planning to buy? Applying for a mortgage is never an easy job. You can't change your income or credit history ...

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August 13, 2020

5 Ways to Enjoy Free Family Travel with Credit Cards

By Enero Febrero

Using your credit cards to earn reward points for travel is a legitimate and easy way to see the world with your family. In addition to flying, the reward points can help families cut costs with their hotel, rental car and meals. Here are several ...

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August 13, 2020

How to Manage Your Personal Finances When In the Military

By Tex Freitag

disqualify you from military

Life in the military brings a huge host of benefits. Chief among them is a stable income -- even in a bad economy. There are a lot of financial perks that you can take advantage of while in the military, but it also requires some discipline on your ...

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August 6, 2020

9 Guilt-Free Ways to Rip Off Your Credit Card Company

By Len Penzo

Sitting on the edge of the Sonoran desert, along the main highway between Los Angeles and Palm Springs, lies Hadley's, a popular fruit stand and tourist stop that sells, among other things, banana date shakes. I love 'em; they're an incredibly ...

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August 3, 2020

4 Positive Financial Habits to Develop Right Now

By Enero Febrero

Whether you're managing your own money or your business's resources, good financial habits take time to build. Indeed, developing and then carrying out a sound financial plan is often the product of months or even years of hard work and dedication. ...

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July 31, 2020

Power to the Pinched! The Personal Finance Anarchist Cookbook

By Len Penzo

Once upon a time, no self-serving radical activist would be caught dead without The Anarchist Cookbook and its misguided recipes for making homemade bombs, tear gas, and other sinister items out of everyday household products. Of course, that got ...

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July 20, 2020

How Personal Loans Can Boost Your Credit Score

By Sabado Domingo

If you want to improve your credit score, you might mistakenly believe that the best thing to do is to completely avoid getting into debt. However, not having any debt can actually have the opposite effect when it comes to your credit rating. If ...

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July 14, 2020

The Easiest Money You’ll Ever Make

By Len Penzo

Who doesn't love making money? I know I do. Now let's take it up another notch. Who doesn't love making money for as little effort as humanly possible? If you aren't nodding your head right now, then I think it's safe to say that you're not being ...

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July 13, 2020

7 Big Lies About Gold that Wall Street Doesn’t Want You to Know

By Keith Weiner

It's hard to say which lie about gold is the biggest whopper. Many widely held beliefs about gold are lies -- propaganda hammered home to have us believe the only true measure of wealth is government-issued debt. Big Lie #1: Gold is a barbarous ...

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July 7, 2020

Bad Credit Loans: What You Need to Know

By Sabado Domingo

Typically, your credit history is crucial when getting a loan from different lenders. They will look at the credit history to determine your capacity to repay your loans without delay. In most cases, having good credit increases your chances of ...

Continue reading Bad Credit Loans: What You Need to Know

June 26, 2020

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