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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

6 Ways to Own an Unconventional Home

By Anum Yoon

Homeownership is part of the American dream, but buying a house today isn't what it used to be. For example, they're more expensive than ever! Fortunately for modern homebuyers, there are many ways to become the owner of less expensive unconventional ...

Continue reading 6 Ways to Own an Unconventional Home

March 5, 2024

Why You Need Life Insurance to Protect What You Have Built

By Enero Febrero

Life insurance can help protect the lifestyle you have built for you and your family. The benefits afforded by life insurance go much farther than replacing income, although a policy can provide a spouse or child with income replacement if something ...

Continue reading Why You Need Life Insurance to Protect What You Have Built

February 28, 2024

5 Ways to Eat Healthy on a Budget

By Corazon Gritar

The desire to lose weight and get in shape can be a constant struggle. Over the last four decades, the adult obesity rate has more than doubled. Turn on the television and you are likely to find any number of advertisements about the newest diet. No ...

Continue reading 5 Ways to Eat Healthy on a Budget

February 27, 2024

Why a Home Shouldn’t Be Considered an Investment

By Len Penzo

It's often said that a house is our biggest investment, yet the primary function of any house is to simply provide us with a place to live. Yes, handsome gains can be had for those with good timing. However, as investments go, houses rarely match the ...

Continue reading Why a Home Shouldn’t Be Considered an Investment

February 22, 2024

12 Ways to Help Prepare Your Kid for the Real World

By Mikey Rox

Remember when you were a kid and you just couldn't wait to be an adult? For most people, once they get there, the novelty wears off fast. Yet, while facing the real world on your own is a rite of passage that should be observed on an individual ...

Continue reading 12 Ways to Help Prepare Your Kid for the Real World

February 20, 2024

Looking for Sushi Deals? Here Are 12 Ways to Save Money on Your Order

By Anum Yoon

Does your stomach growl at you when you drive by your favorite sushi place? Chances are your wallet growls right back once you splurge on that indulgence. The good news is you can find great sushi deals by following a few simple tips. So ... How ...

Continue reading Looking for Sushi Deals? Here Are 12 Ways to Save Money on Your Order

February 13, 2024

My Teenage Son, His Cell Phone, and the Bill for $1,055.20

By Len Penzo

We held out for as long as we could. We really did. Despite an intense and relentless lobbying effort from my son, the Honeybee and I stayed strong and denied his repeated requests for a cell phone. And, boy, were there a lot of requests. I ...

Continue reading My Teenage Son, His Cell Phone, and the Bill for $1,055.20

February 12, 2024

Why You Should Never Cosign A Loan for Anyone

By Len Penzo

Cosigning for a loan is one of the dumbest financial moves you could ever make. By cosigning, you not only assume liability for the borrowed money, but you also make it tougher on yourself to qualify for large loans -- regardless of your payment ...

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February 8, 2024

16 Reasons Why Whirlpool Tubs Are For Suckers

By Len Penzo

Once again, I thought I'd pass on a little advice and save a serious case of buyer's remorse for the six people left in America who are still looking to buy a home. No, no. I'm not going to tell you why corner lots are for suckers again. This ...

Continue reading 16 Reasons Why Whirlpool Tubs Are For Suckers

January 29, 2024

Why Grandma Was Smarter Than You About Money

By Len Penzo

Yes; Grandma was smarter than you about money. Is that a crazy thought? Well ... Grandma may not pay bills with a smartphone or trade stocks on her computer -- but the fact is she can teach a few lessons about saving money that you can take to the ...

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January 25, 2024

Don’t Be Afraid of Treating Your Household Like a Business

By Len Penzo

Anybody can run a household like a business, but to do it effectively you first have to appoint a household CEO in order to get the job done. Of course, the best candidate for running your household is always ... you. For those of you who are ...

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January 22, 2024

Expecting the Unexpected: Managing Finances With a Disability

By Corazon Gritar

When it comes to finances, most people know how to manage their daily expenses fairly well. However, once saving for the future is brought into question, things become a bit trickier. How much should you save? How should you be saving it? One ...

Continue reading Expecting the Unexpected: Managing Finances With a Disability

January 16, 2024

10 Tips for Managing Long-Term Care for Elderly Parents

By Mikey Rox

We all dread the day when we may be faced with making important life decisions on behalf of our aging parents. It's never an easy road deciding how to best care for the people who used to care for us, and there are plenty of variables that should be ...

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January 9, 2024

Need a Wedding Singer? Here are Booking Rates for 120 Famous Bands

By Len Penzo

Looking for some booking rates for famous bands? Well ... just keep in mind that, according to St. Louis Bride and Groom magazine, couples spend an average of 5.2% of their wedding budget on music. That seems about right. The Honeybee and I spent ...

Continue reading Need a Wedding Singer? Here are Booking Rates for 120 Famous Bands

December 27, 2023

6 Reasons to Take Out a Reverse Mortgage

By Sabado Domingo

reasons to get a reverse mortgage

Home equity is a powerful tool for many homeowners, particularly as they approach retirement. It represents a significant portion of their financial resources and can be a key factor in ensuring financial stability. A striking statistic highlights ...

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December 14, 2023

How to Lower Your Heating Bill This Winter

By Corazon Gritar

Whether your home is heated by electricity or natural gas, a high heating bill can sometimes be a huge shock. Thankfully, there are plenty of low cost or free changes you can make in your home or apartment. Here's how you can save money on heating, ...

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December 12, 2023

More Clever Low-Cost Homemade Gifts Everyone Will Enjoy

By Anum Yoon

If you missed Part 1 of this series on homemade gifts, click here. One of the best gifts you can give or receive is something that was handmade with love. The special touches, time and effort that go into DIY projects let everyone know they're ...

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December 5, 2023

How to Trim Your Christmas Shopping List

By Anum Yoon

Santa gives Christmas gifts with a "Ho, ho, ho." However, people who don't have a legion of elves to help them often feel like "Ho, ho, NO!" If the expectations of gift-giving have become too much for your budget, consider reducing your Christmas ...

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November 28, 2023

When Is the Right Time to Stop Giving Gifts to Nieces and Nephews?

By Len Penzo

When my daughter, Nina, was still measuring her age in single-digits, I'd tuck her into bed every evening. Then, just before kissing her goodnight, I'd ask her to stop getting older. She didn't listen. The truth is, kids are always in a hurry ...

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November 27, 2023

How Debt Trouble Is Usually Related to Your Diet

By Len Penzo

Many folks in debt trouble who tally their assets and liabilities after years of modest but steady increases in income often end up scratching their heads, wondering why their net worth is nothing to write home about. Whether those in debt trouble ...

Continue reading How Debt Trouble Is Usually Related to Your Diet

November 16, 2023

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