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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

How Your Credit Report Can Help Raise Your Credit Score

By Enero Febrero

There are many advantages that come from tracking your credit report. If you're wondering, "How can get my free credit report?" the answer is simple: There are many online resources you can use to get a current copy of your report. This can be one of ...

Continue reading How Your Credit Report Can Help Raise Your Credit Score

May 13, 2020

What to Consider When Trying to Get a Car Loan with Bad Credit

By Sabado Domingo

Anyone who has ever had a bad credit history and low credit score will know just what a serious impact it can have on their futures. When your credit is damaged, you may struggle to get any form of finance from mainstream lenders, and this includes ...

Continue reading What to Consider When Trying to Get a Car Loan with Bad Credit

May 13, 2020

A Startup’s Guide to Working Capital Loans: Everything to Know

By Tex Freitag

business statements with pen and calculator

According to data by the Federal Reserve, 40% of businesses have a hard time paying their operational expenses. For such business, failure to access working capital financing can lead to low or no investment in other critical operational areas for ...

Continue reading A Startup’s Guide to Working Capital Loans: Everything to Know

May 7, 2020

5 Finance Management Tips Everyone Wishes They Had Known Sooner

By Enero Febrero

Nowadays, money is everything; it pays the bills, secures a future, and makes life more comfortable. But, if we want to live the dream and never stress about finances, we need to know how to manage them. Of course, if you are in a pinch and need ...

Continue reading 5 Finance Management Tips Everyone Wishes They Had Known Sooner

May 5, 2020

5 Steps to Better Money Management

By Tex Freitag

Millions of Americans are out of work, oil prices are at record lows, and we're only at the beginning of the coronavirus crisis. While you're working on protecting your physical health in the face of this pandemic, there's never been a better time to ...

Continue reading 5 Steps to Better Money Management

May 4, 2020

38 Secrets for Financial Success: My Personal Finance Manifesto

By Len Penzo

Awhile back, somebody asked me to summarize my personal finance "playbook" in a blog post. Well ... Here it is: Debt is a form of indentured servitude where people agree to sacrifice a portion of their future earnings in exchange for instant ...

Continue reading 38 Secrets for Financial Success: My Personal Finance Manifesto

April 20, 2020

Is It Better to Borrow From a Bank or Private Lender?

By Tex Freitag

If you're considering a personal or business loan to get you through a financial hardship, you need to know the difference between a bank and private lender. Many people need financial help from time-to-time, and most commonly this is in the form ...

Continue reading Is It Better to Borrow From a Bank or Private Lender?

April 17, 2020

The 6 Most Common Ways to Finance a New Car

By Sabado Domingo

There are multiple ways to finance your new vehicle, but be careful: Some are riskier than others and all of them require some discipline and financial planning. So consider these tips and strategies to memory before you think about buying your next ...

Continue reading The 6 Most Common Ways to Finance a New Car

April 15, 2020

Can I Get an ATV Loan with Bad Credit?

By Sabado Domingo

Having bad credit will impact your ability to be approved for financing, or otherwise affect the loan terms that you're able to receive. In fact, you may find that you won't be eligible for any kind of loan from any lenders. The lower your credit ...

Continue reading Can I Get an ATV Loan with Bad Credit?

April 8, 2020

What to Do If You Need an Urgent Cash Advance

By Sabado Domingo

Experiencing a financial emergency but don't have the cash to hand to sort it out? Yes, a payday loan gives you access to fast cash -- but for the "opportunity" you'll be charged an exorbitant amount in interest. So before you head down that route, ...

Continue reading What to Do If You Need an Urgent Cash Advance

April 3, 2020

How to Manage Your Finances During a Depression

By Enero Febrero

By all measures, it has been a bad month for the American economy. Whether or not we're about to enter a deep full-scale recession -- or possibly even a depression -- isn't quite clear yet. However, it's fairly obvious that the coronavirus pandemic ...

Continue reading How to Manage Your Finances During a Depression

March 26, 2020

Short Term Loans vs. Credit Cards: Which Is Better?

By Sabado Domingo

There are several reasons why you might want to take out a short-term loan or credit card. Perhaps you need to pay for an emergency repair, spread the cost of a big purchase, or consolidate your debts into one lump sum to clear them more quickly. ...

Continue reading Short Term Loans vs. Credit Cards: Which Is Better?

March 18, 2020

Why Visualizing Your Financial Future Is So Important – and How to Do It

By Bret

There are millions of posts and thousands of books explaining how to improve your finances. In fact, much of this information seems to get recycled back and forth. I have found only a couple of good books and posts that deal with the visualization of ...

Continue reading Why Visualizing Your Financial Future Is So Important – and How to Do It

March 11, 2020

The 15 vs. 30 Year Mortgage Debate: Why a 30-Year Loan Is Better

By Len Penzo

According to Freddie Mac's most recent survey, there is currently a spread of about 0.5% between the 15- and 30-year fixed rate mortgage benchmarks. I think most people naturally assume that, when it comes to choosing between a 15- or 30-year fixed ...

Continue reading The 15 vs. 30 Year Mortgage Debate: Why a 30-Year Loan Is Better

February 24, 2020

How the Best Entrepreneurs Manage Their Finances

By Sabado Domingo

Money problems; virtually everyone has them. After all, the average American has about $38,000 in personal debt. That's a massive amount that many won't even manage to pay off in their lifetime. When dealing with a tough financial situation, though, ...

Continue reading How the Best Entrepreneurs Manage Their Finances

February 20, 2020

Six US Presidents Who Suffered with Personal Debt Problems

By Kevin Bowen

Four US Presidents were born in the month of February, including two who are memorialized on Mount Rushmore: George Washington and Abraham Lincoln. (Ronald Reagan and William Henry Harrison are the other two.) As such, it should be no surprise that ...

Continue reading Six US Presidents Who Suffered with Personal Debt Problems

February 10, 2020

5 Lessons From My Italian Father on Love, Marriage and Money

By Vince Scordo

I talk about my Italian parents so much that most of my friends think Mamma and Papa are paying their firstborn son to say nice things about them. In fact, I often tell my readers at Scordo.com that if it weren't for my parents I'd be lost in terms ...

Continue reading 5 Lessons From My Italian Father on Love, Marriage and Money

February 5, 2020

Federal vs. Private: Your Guide to Different Student Loan Types

By Enero Febrero

It doesn't matter if you are planning on taking out student loans in the near future or have in the past, student loans can be confusing. Trying to understand the types of student loans might leave you feeling overwhelmed. Keep reading to learn ...

Continue reading Federal vs. Private: Your Guide to Different Student Loan Types

January 31, 2020

Personal Finance Course: How to Organize Your Money

By Sabado Domingo

Money. It's something you earn and something you spend, but do you ever feel like you'd like to have a better grip on it? Approximately 67% of American families claim to live on a budget but many people living on a budget still feel like they ...

Continue reading Personal Finance Course: How to Organize Your Money

January 30, 2020

The 50 Biggest Money Mistakes Household CEOs Make

By Len Penzo

I'm not ashamed to admit I make mistakes. After all, everybody screws up occasionally; for us humans, mistakes come with the territory. For example, I remember the time I decided it would be great fun to play Wii golf for eight consecutive hours. ...

Continue reading The 50 Biggest Money Mistakes Household CEOs Make

January 20, 2020

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