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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

3 Things You Should Know Before Getting a Gun Trust

By Sabado Domingo

Gun trusts seem to be everywhere nowadays. You can't enter an online gun forum or a physical gun shop dealing with tightly restricted weapons without hearing someone discussing them. Using a gun trust is one of many significant decisions to make when ...

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February 9, 2022

The Marriage Conundrum: Joint or Separate Accounts?

By Len Penzo

This past weekend, the Honeybee and I had one of those conversations that most couples who are married long enough tend to have from time to time. But that didn't stop our daughter, Nina, from shaking her head in complete amazement after overhearing ...

Continue reading The Marriage Conundrum: Joint or Separate Accounts?

February 7, 2022

19 Tips for Saving a Bundle of Cash on Home Appliances

By Len Penzo

We recently replaced our old refrigerator. It's not that the appliance was on the verge of breaking down; it's just that I am very risk adverse and I figured that, with the recent spate of supply chain issues, I figured we'd get a jump on any ...

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January 17, 2022

Reverse Mortgages as Payment for Elderly Care

By Tex Freitag

Typically, elderly care can be expensive. If you have an elderly family member, it's one of the concerns you have to think about as they age and experience physical and cognitive decline. No matter how independent they are when they're young, it'll ...

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January 14, 2022

14 Reasons Why Monitored Home Security Systems Are for Suckers

By Len Penzo

Even though today's DIY home security systems make it easier than ever to monitor your home from anywhere and at any time with a smart phone, I still see the occasional ad from companies offering home burglar alarm installation and monitoring ...

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January 10, 2022

What to Consider Before Closing a Deal on a Vacation Home

By Corazon Gritar

As you work to become more financially secure, leisure time might feel more precious than ever. This is why many professionals choose to purchase their own slice of paradise: a vacation home. Whether this is a new idea for you or you've been ...

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December 28, 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

Grandfather Says: The Miracle of Birth

By RD Blakeslee

Grandfather used to ask God to help him with this or that. He says he hasn't done that for quite awhile now, but he is moved to thank God when one of His gifts comes Grandfather's way. The miracle of birth is one of those gifts. For ...

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December 23, 2021

The Pros and Cons of Selling a Structured Settlement

By Sabado Domingo

If you tell me that you have recently been awarded a structured settlement, I automatically know at least a couple of things about you: You've made it through a trying time. Settlements are awarded to plaintiffs in lawsuits, often after they've ...

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December 22, 2021

My Peanut Butter Taste Test: What 8 Choosy Mothers Really Chose

By Len Penzo

Before the average American kid gets his high school diploma he or she will supposedly eat 1500 peanut butter sandwiches. That being said, most Americans' passion for peanut butter doesn't stop after childhood. And in case you're wondering, a ...

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December 13, 2021

Grandfather Says: Holiday Wishes!

By RD Blakeslee

Grandfather says Happy Christmas and a Merry New Year! *** About the Author: RD Blakeslee is a nonagenarian in West Virginia who built his net worth by only investing in that which can be enjoyed during acquisition and throughout life, as ...

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December 9, 2021

4 Presumptuous Gifts that Can Strain the Recipient’s Budget

By Len Penzo

I remember the worst gift I ever received. It was a vacation to the Bahamas that an old girlfriend of mine gave to me. It was one of those too-good-to-be-true ultra-low-cost package "deals" that was exactly that -- too good to be true. Our "hotel" ...

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November 29, 2021

How Not Having A Budget Can Affect Your Finances

By Sabado Domingo

The past couple of years has been extremely tough for most of us, as many people have struggled financially with all the lockdown orders, travel restrictions, managing the fear of getting sick, and scrambling for vaccines. But if there is one ...

Continue reading How Not Having A Budget Can Affect Your Finances

November 25, 2021

Grandfather Says: Thanksgiving Greetings from West Virginia

By RD Blakeslee

Some folks hereabouts have wondered what Grandfather "at home" looks like. Well, here's a scene for you ... It occurs to Grandfather that he looks like a hick in that particular picture. But, as you can see, his living room looks quite ...

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November 25, 2021

10 Things That Today’s Middle Class Can No Longer Afford

By Len Penzo

I was fortunate enough to grow up in a solidly middle-class family. We weren't rich by any means; there were many times when we were forced to really pinch pennies -- but for the most part I never wanted for anything. According to the US Census ...

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November 22, 2021

How to Find Temporary Housing Between Moves

By Sabado Domingo

Picture this: Your new lease ends on the same day your old one ends or, your new home is ready for occupation the same day the people who bought your home move in. Unfortunately, things often just don't work out that way. Instead, many people find ...

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November 3, 2021

How to Convince Friends and Family Members to Lend You Money

By Mikey Rox

I'll be the first person to warn you about borrowing money from family and friends, but if you really must turn to your pals and relatives for some quick cash, here are a few tips that will help you do it right and keep your relationships ...

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November 2, 2021

Why You Should Avoid Using Food Delivery Services

By Sabado Domingo

Over the last five years, the market revenue of food delivery apps has skyrocketed by 200%. Given the widespread appreciation for the convenience of such services, the industry's growth seems unlikely to slow down. That said, we're not here to talk ...

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October 26, 2021

True Story: What Happens When You Can’t Pay the Restaurant Bill

By Len Penzo

I didn't eat out too often as a kid, but when I did, you can bet I almost always enjoyed it. I remember Dad always used to joke that he didn't have enough money to pay the restaurant bill. "Well, it looks like they're going to make us go into the ...

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October 18, 2021

4 Ways to Squeeze Extra Cash Out of a House Sale

By Sabado Domingo

Selling your house can be a pretty stressful thing to go through; theres so much to think about and so much to do. Sometimes, it's easy to forget that it's a transaction, and you want to make as much money from the sale as possible. When were talking ...

Continue reading 4 Ways to Squeeze Extra Cash Out of a House Sale

September 29, 2021

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