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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

5 Ways to Ring in the New Year by Cleaning Out Your Financial Garage

By Mark Fried

It's amazing how much stuff piles up in a family garage over the years. The stacks get higher every year because, presumably, the items within them hold value. It becomes harder to throw anything away. While ignoring all those old bicycles, ...

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December 28, 2020

3 Great Hobbies That Are Investments Too

By Tex Freitag

When most of us think about investments, we aren't imagining anything very interesting. However, your hobbies can also be great investments. Here are three hobbies that may have hidden sources of income down the road: Xeriscaping If you own ...

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December 25, 2020

Grandfather Says: Memories of a Budding Shipwright

By RD Blakeslee

Grandfather has written before about stone and wood -- this one's about water. Specifically, bodies of water and how he's enjoyed them over the years. Described earlier were Cape Hatteras on the shores of the Atlantic; the Lynn canal between ...

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December 24, 2020

A Few Thoughts from Aunt Doris: How to Make the Perfect Cup of Tea

By Aunt Doris

We English do love a good cup of tea (or, as we like to say, a cuppa)! I'm not talking about that panther pee they serve in most restaurants here in the States. You know -- a thick cup with a tea bag on the side! Oh, no! Here's how to make a ...

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December 18, 2020

6 Ways to Protect Yourself Financially In Case of Serious Injury

By Sabado Domingo

If you have been seriously injured, you're no doubt feeling overwhelmed with the number of decisions that need to be made. It can be helpful to keep a list of items that need to be addressed and cross them off one at a time. Regardless of your ...

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December 11, 2020

Caught Ya! My Teenager’s Sly Attempt to Get His Own Credit Card

By Len Penzo

Last month we found a letter in our mailbox from Discover credit cards that was addressed to my teenage son, Matthew. Now why would Discover be contacting my son? You know, the mere thought of a credit card in my 14-year-old son's hands really ...

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December 7, 2020

100 Words On: Why You Should be a Parent, Not a Best Friend

By Len Penzo

Whether they know it or not, children depend on their parents to say "no" and make tough or unpopular decisions for their benefit. Unfortunately, it's impossible to effectively enforce rules and boundaries without running your household like a ...

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November 26, 2020

Money, Freedom, and a Lesson on the Importance of Saving

By Len Penzo

One of money's best characteristics is its ability to bestow freedom upon those who possess it. Unfortunately, the amount of freedom that money provides is directly proportional to the amount of cash available -- not only in our wallet, but in our ...

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November 2, 2020

18 Frightening Facts You Didn’t Know About Halloween

By Len Penzo

I love Halloween. It's one of my favorite holidays -- and based upon its mass appeal, apparently I'm not alone. In fact, even though the wicked economy continues to put a scare into most people, when it comes to celebrating what was originally ...

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October 19, 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

Greed Is Good: 7 Surprisingly Wise Rules of Acquisition

By Tex Freitag

Before we begin, let's make one thing clear: superhero movies and space operas are not science fiction -- they are science fantasy at best, and I'm not very sure about the "science" part in most cases. True science fiction is not always ...

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September 18, 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 ...

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September 14, 2020

From House to Apartment: Downsizing Strategies for Smaller Spaces

By Sean Ryan

Downsizing. The idea conjures images of sad faces carrying boxes of precious items. It's associated with loss, tragedy, and change. But what if you could spin it? Downsizing from a house into an apartment doesn't have to be painful. There are ways to ...

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August 19, 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

Are You Among the 20% Who Can’t Pay Their Mortgage?

By Chris Muller

How confident are you that you'll be able to pay your mortgage this month? If the answer is "not very," then you're not alone. In fact, according to a US Census Bureau survey, 20% of Americans said that they had "slight or no confidence" that they'd ...

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August 11, 2020

My 12th Annual Cost Survey of 10 Popular Brown Bag Sandwiches

By Len Penzo

If our local high school decides to open its doors this year, the completely unappetizing daily lunch will be $3.75. For a family with two kids, that amounts to $1350 during the course of a 180-day school year. Oh, sure; $3.75 for lunch may sound ...

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August 10, 2020

The World’s Greatest Grilled Chicken Marinade Recipe

By Len Penzo

A couple years ago a friend of mine invited me and my family over for a backyard pool party and barbecue. Of course, everybody had a great time. What made that day at Andy's house particularly memorable was the grilled chicken he served. It was ...

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August 5, 2020

A Few Thoughts from Aunt Doris: A Cat’s a Cat and That’s That

By Aunt Doris

This is another post in an occasional series from my dear Aunt Doris, who passed away in 2015 at the age of 94. A dog will always greet you with eyes glazed with love, and a tail that nearly wags itself off. A cat merely tolerates ...

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July 30, 2020

True Story: My Spouse Skipped Town and Left Me Penniless!

By Spedie

I'd always considered myself pretty street smart. You know, the kind of girl that didn't have an easy life and had learned many lessons via the School of Hard Knocks. Then I married my Prince Charming. He didn't make much money, but we shared the ...

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July 27, 2020

8 Traits That Separate a Great Real Estate Agent from the Average Ones

By Jonathan Rogers

Whether you're an investor looking for a long-term relationship with a good estate agent, an entrepreneur just starting your career as an estate agent, or just a regular person who is hoping to become a homeowner someday, it's important to know the ...

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July 16, 2020

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