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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

My Kids’ Loan Interview with the Bank of Dad

By Len Penzo

When it comes to money matters, my two kids manage their personal finances in completely opposite ways. In fact, it is utterly amazing to me that my children are even related. My nine year-old daughter, Lenina, likes to set goals and save her ...

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April 17, 2014

Brazilian Hyperinflation: A Reader Explains What Life Was Like (Part 2)

By Len Penzo

(In Part 1, Leasi shared her account of life in Brazil during the hyperinflation that raged there between 1984 and 1994. Part 2, is a Q&A with Leasi that sheds a little more light on what she endured during that time.) Len: Thanks for taking ...

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March 18, 2014

Your Big Fat Expensive Wedding: Stupid Is As Stupid Does

By Len Penzo

According to the New York Daily News, Chelsea Clinton and Marc Mezvinsky spent roughly $3.3 million in 2010 on their marriage celebration. Talk about a big fat expensive wedding. The good news is, more than three years after saying "I do," the ...

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January 27, 2014

Why I’m Making My Daughter Pay for Her Dental Braces

By Len Penzo

"This is going to hurt me a lot more than it is going to hurt you." That was an admonition Mom or Dad occasionally gave me and my sister when we were growing up -- and I know we weren't the only kids to hear those words either. Of course, as a ...

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January 13, 2014

If I Got to Pick the Gifts in “The 12 Days of Christmas”

By Len Penzo

I don't mean to sound like a scrooge, but when it comes to Christmas carols, "The 12 Days of Christmas" has got to be the most annoying one of them all, even when Burl Ives sings it -- and nobody sings Christmas carols like Burl Ives. Okay, you ...

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December 16, 2013

How I Live on Less Than $40,000 Annually: Jonathan from Ohio

By Guest

My name is Jonathan. I'm 27 and I've been married to my wife, Kate, for almost four years. We have three girls, ages 3, 1, and a newborn. After graduating from college, Kate worked for two years at a job that paid $35,000 annually. Then, after our ...

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August 14, 2013

The Trouble with Buying Movie Tickets Over the Internet

By Len Penzo

We all come across things in life that are wildly popular, even though it makes little sense to us. Take "Duck Dynasty" -- going into its fourth season, it's one of the hottest shows on cable television. I recently watched a couple of episodes ...

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July 1, 2013

Cheap Cooking: Fantastic Frugal Meal Ideas from Past and Present

By Len Penzo

I was on an extremely tight budget when I was in college, so I had cheap cooking down to a science. Back then, dinner was number four on my list of priorities; right after tuition, beer, and rent -- in that order. Many people on limited incomes ...

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June 26, 2013

Is Cell Phone Insurance Really Worth It?

By Len Penzo

Last month our previous cell phone contract finally expired. That made the Honeybee happy because it meant we could finally move to a new carrier with better coverage. However, nobody was more excited than the kid with the fastest thumbs in the ...

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June 10, 2013

A Small Victory in My Quest to Raise Financially Literate Kids

By Len Penzo

Teaching kids about personal finance is not an easy job. Even so, as a parent I believe it is my responsibility to ensure that my kids have a thorough understanding of good personal finance practices before they leave the nest. Ultimately it will ...

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April 10, 2013

Economic Collapse 101: What It Will Look Like, and How It May Start

By Len Penzo

It takes courage to face the bogeyman. I bet many of the good folks in Great Falls, Montana, were more than a little worried earlier this month after a local television station there sent out an ominous message warning viewers that the dead were ...

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February 27, 2013

9 ‘Oops’ Moments That I Ultimately Paid For (One Way or Another)

By Len Penzo

Last week I needed to venture into my attic to check on some rat traps, so I grabbed my flashlight to help me navigate my way through the rafters. As luck would have it, the flashlight wasn't working; the last person who used it forgot to turn the ...

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February 25, 2013

The Unconventional Wisdom of Household Strategic Planning

By Len Penzo

My son, Matthew, is quickly approaching his 16th birthday and so I've been giving him a few driving tutorials. I haven't let him get behind the wheel just yet -- that's on next month's agenda -- but it's gotten to the point now where every time ...

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January 28, 2013

Essential Tips for Lowering Your Grocery Bill (Part 3)

By Len Penzo

This is final post in my three-part series outlining essential tips that the Penzo household follows for keeping our grocery bills under control. Of course, there are many methods for cutting the grocery bill that go way beyond shopping at ...

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December 27, 2012

Essential Tips for Lowering Your Grocery Bill (Part 2)

By Len Penzo

Food isn't cheap. Want proof? Then chew on this: I spent almost $12,000 in groceries last year for my four-person family, including two teenagers. And what's really scary is that I work very hard to keep my food bill as low as possible every ...

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December 26, 2012

Essential Tips For Lowering Your Grocery Bill

By Len Penzo

One of the big reasons the Honeybee has tolerated me for so long is because I love to cook. Some of you fellas out there would be wise to keep that in mind. Why is that, you ask? Well, it's somewhat ironic, but the fact remains, the more time men ...

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December 24, 2012

Why Financial Success Often Depends on the Road Not Taken

By Len Penzo

Decisions, decisions. Like it or not, our lives are defined by them. It's no secret that a big part of our financial success is based upon the decisions we make in life. Just ask any person who has jeopardized their financial future by, say, ...

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December 17, 2012

Why I Refuse to Get Upset By Subtly Deceptive Advertising

By Len Penzo

Last weekend I was lured to an online calendar website with the following promise: "Everything up to 60% off!" Sixty percent! While I was visiting there I found a calendar that was on sale for $13.49 -- $1.50 off the regular price of ...

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November 28, 2012

100 Words On: A Grim Warning to Those Who Think Money Grows On Trees

By Len Penzo

A democracy can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the treasury, with the result ...

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November 8, 2012

The Unexpected Bill That Added $2406.88 to My Recent Vacation

By Len Penzo

"Whatever it takes." That was the answer the Honeybee gave me three years ago after I asked her how much she would pay to save a pet's life. Unfortunately, last week we got a chance to reconsider that question after we returned from a week-long ...

Continue reading The Unexpected Bill That Added $2406.88 to My Recent Vacation

November 5, 2012

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