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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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Lawsuit Loans: How They Work and How to Get One

By Tex Freitag

Lawsuits are costly procedures, to say the least. You must pay your lawyer's legal fees while the case is being fought in court. Then there is the time factor: some lawsuits take months, even years to reach a verdict. And if you're in an accident ...

Continue reading Lawsuit Loans: How They Work and How to Get One

March 5, 2025

Will Refinancing Save You Money? Here’s How to Tell

By Sabado Domingo

Are you considering the best ways to manage your finances while securing reliable financial support options? Lowering loan interest rates can significantly reduce your monthly payments and long-term expenses. Seeking professional advice ensures you ...

Continue reading Will Refinancing Save You Money? Here’s How to Tell

March 4, 2025

Beware the Four Horsemen of Personal Finance

By Len Penzo

four horsemen of personal finance

Reverend Len from the First United Church of Our Lady of Blessed Household Finances is back in his pulpit and I know you all know what that means... Yep. It's time for another homily for my small but faithful congregation! I've already showed ...

Continue reading Beware the Four Horsemen of Personal Finance

March 3, 2025

Is It Better to Lease a New Car?

By Enero Febrero

'Buying a brand new car is one of the bigger purchases we make -- not quite as big as buying a house, but significant none the less. But many people insist that it's actually better to lease a new car. But is it really? For many of us, money is ...

Continue reading Is It Better to Lease a New Car?

February 19, 2025

8 Payday Loan Alternatives That Loan Sharks Don’t Want You to Know

By Gerrid Smith

When you examine the numbers, it's difficult to deny that payday loans are detrimental to your finances. Yet people use them -  despite the fact that there are payday loan alternatives out there. The trouble is, payday loans affect real people with ...

Continue reading 8 Payday Loan Alternatives That Loan Sharks Don’t Want You to Know

February 12, 2025

What Is a Mortgage Broker (and Is One Right for You)?

By Len Penzo

What is a mortgage broker? In short, a mortgage broker is an independent middleman who finds potential customers for mortgage lenders. The mortgage broker's job is to collect all of the loan documents from a prospective borrower; he then reviews and ...

Continue reading What Is a Mortgage Broker (and Is One Right for You)?

February 6, 2025

7 Financial Literacy Tips for First-Time Credit Card Holders

By Enero Febrero

financial literacy tips

Filipinos are now more prosperous and eager to spend than ever; they also hunger for financial literacy tips. For their part, Philippine credit card providers have shown themselves ready to address this need. Indeed, credit cards now offer more perks ...

Continue reading 7 Financial Literacy Tips for First-Time Credit Card Holders

January 27, 2025

Why Your Expensive Car Doesn’t Impress Smart People

By Len Penzo

expensive car cheap house

A reader named Jennifer left a comment on my blog lamenting expensive cars and the sense of entitlement she saw in many people. Here is an excerpt: I know a woman who is a single mother and hit up her friends for money to replace the engine in her ...

Continue reading Why Your Expensive Car Doesn’t Impress Smart People

January 27, 2025

How to Get a Mortgage with Bad Credit

By Len Penzo

Are you searching for how to get a mortgage with bad credit? Well ... finding a mortgage when you have a bad credit score is not impossible. However, it usually requires the borrower to make a few concessions, such as paying a higher interest ...

Continue reading How to Get a Mortgage with Bad Credit

January 23, 2025

Dora the Explorer’s Five Easy Steps to Financial Health

By Timothy Hoff

When I was little, I loved to watch cartoons. You know, the big ones: Quick Draw McGraw, Ruff & Reddy, Mighty Mouse. OK, so I'm an old guy. Anyway, in my youth, I did not have any interest in finance, personal or otherwise. That changed in my ...

Continue reading Dora the Explorer’s Five Easy Steps to Financial Health

January 22, 2025

Understanding Crypto Debit and Credit Cards

By Tex Freitag

crypto debit and credit cards

The rise of cryptocurrency has transformed the way we think about money, offering innovative solutions for modern finance. One such solution is the cryptocurrency card, a tool that bridges the gap between digital currencies and everyday transactions. ...

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January 20, 2025

The 7 Deadly Sins of Personal Finance

By Len Penzo

I remember going to catechism as a kid and learning about the seven deadly sins. Maybe that's why an old national sin survey, conducted by a Kansas State University team of geographers, caught my attention. The provocative study measured and created ...

Continue reading The 7 Deadly Sins of Personal Finance

January 13, 2025

Should I Pay Off My Mortgage Early?

By Len Penzo

The decision to pay off the mortgage early is always a hotly debated topic. Unfortunately, the question of "should I pay off my mortgage early?" can't be answered easily because everybody's circumstances are different. In fact, there is no right ...

Continue reading Should I Pay Off My Mortgage Early?

January 9, 2025

The Only New Year Resolution That Really Matters

By Len Penzo

Although 2025 is just getting started, I've already read a plethora of personal finance articles from various experts and self-made suburban millionaires who have been espousing their top new year resolutions. Of course, all of the usual suspects ...

Continue reading The Only New Year Resolution That Really Matters

December 30, 2024

How to Refinance a Mortgage In 7 Easy Steps

By Len Penzo

There is very little difference between getting a mortgage and refinancing it; in fact, the processes are virtually identical. If you've decided that refinancing is right for you, here is a brief overview explaining exactly how to refinance a ...

Continue reading How to Refinance a Mortgage In 7 Easy Steps

December 26, 2024

8 Practical Mindful Money Management Strategies

By Sabado Domingo

money management strategies

Managing money can sometimes feel like a constant battle - especially when it feels like there’s always more month left than money. Many of us are caught in cycles of spending without thinking, overspending on unnecessary things, or making impulse ...

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December 23, 2024

Behold the Power of Compound Interest!

By Len Penzo

George Lucas continues to mislead millions of people into believing that the most powerful force in the universe is, well ... the Force. But every successful household CEO knows for a fact that Lucas is dead wrong. That is not surprising at all given ...

Continue reading Behold the Power of Compound Interest!

December 23, 2024

Myths and Facts About Being Declared Insolvent

By Tex Freitag

facts about being declared insolvent

For many individuals, there is an inordinate fear of the possibility of being insolvent. It often results in anxiety, which can make an individual believe in false information that will make them more anxious. So let's explore some myths and facts ...

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December 19, 2024

6 Ways to Stop Stressing Out About Money

By Anum Yoon

Right now, at this moment, how much money do you have? Before you answer: does the mere question begin to stress you out? If so, you probably wish you could stop stressing out about money. Rest assured, you're not alone. According to the number ...

Continue reading 6 Ways to Stop Stressing Out About Money

December 17, 2024

Navigating Financial Crunches: Turning Possessions Into Immediate Relief

By Sabado Domingo

Life is unpredictable, and financial emergencies can strike when we least expect them. Whether it’s an unexpected car repair, a sudden medical bill, or a pressing home repair, finding quick solutions to cover urgent expenses is essential. While ...

Continue reading Navigating Financial Crunches: Turning Possessions Into Immediate Relief

December 16, 2024

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