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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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Divorce Can Not Only Hurt Your Heart, But Your Credit Score Too

By Corazon Gritar

Marriage is considered to be a rite of passage for most Americans -- although it's not all wedded bliss. The unfortunate truth is that 40% to 50% of marriages in the US end in divorce. In fact, approximately 827,000 divorces happen every year. And ...

Continue reading Divorce Can Not Only Hurt Your Heart, But Your Credit Score Too

February 8, 2023

8 First-Time Investing Tips for Couples

By Mikey Rox

There are milestones to which most couples look forward and for which they prepare -- such as getting married -- but the same can't always be said for making joint investments. What you do with your money is an important and impactful consideration ...

Continue reading 8 First-Time Investing Tips for Couples

February 7, 2023

How to Know If You’re Dating a Deadbeat

By Len Penzo

Are you afraid you may be romantically attached to a financially irresponsible person? Or maybe you're unsure about how to know if you're dating a deadbeat. These are both serious situations that require immediate attention. I'm very fortunate that ...

Continue reading How to Know If You’re Dating a Deadbeat

February 6, 2023

36 Amazing Uses for Plastic Grocery Bags

By Len Penzo

I've been a big defender of plastic grocery bags for a long time. In fact, last year I challenged readers to tell me why the humble plastic bag is still maligned by so many people. Now I may be just a wee bit biased, but I think I made a very ...

Continue reading 36 Amazing Uses for Plastic Grocery Bags

January 23, 2023

What You Must Know Before Filing a Medical Malpractice Lawsuit

By Edward M. Bernstein

More Americans are filing medical malpractice suits in the US -- but not because doctors are doing a worse job. In fact, they're doing roughly the same quality job. However, consumers today are more savvy and informed about how to find a malpractice ...

Continue reading What You Must Know Before Filing a Medical Malpractice Lawsuit

January 18, 2023

Million Dollar Neighborhoods Are Still Popping Up Across the US

By Corazon Gritar

Across the United States, more than 800 neighborhoods have a median home value that exceeds $1 million, according to a report by Trulia. This new data means that the number of US homes costing $1 million or more has doubled since 2012. While the ...

Continue reading Million Dollar Neighborhoods Are Still Popping Up Across the US

January 17, 2023

4 Ways Social Media Use Makes You Vulnerable to Identity Fraud

By Anum Yoon

Most of us use at least one form of social media to stay in touch with friends and family we don't get to see every day. Whether it's Facebook, Snapchat, Twitter, or Instagram, social media gives us the ability to share updates with all our friends ...

Continue reading 4 Ways Social Media Use Makes You Vulnerable to Identity Fraud

January 10, 2023

Tips for Budgeting a Wedding

By Corazon Gritar

Budgeting for a wedding can seem like an overwhelming task. Most people need help figuring out where to begin. However, it doesn't have to be stressful. This article will help you break down every part of budgeting a wedding into manageable parts. ...

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January 9, 2023

Dear Friend: Here Are 41 Reasons Why I’m NOT Lending the Money

By Len Penzo

The conventional wisdom is that you should never lend money to friends or family. For me, that old saw was reinforced after I read a curious article in the Huffington Post that attempted to explain why our friends and family often fail to repay ...

Continue reading Dear Friend: Here Are 41 Reasons Why I’m NOT Lending the Money

January 2, 2023

Lower Your Heating Bill with this Home Winterization Checklist

By Anum Yoon

Saving on your heating bills during the winter is easier than many think. While some may claim substantial savings can only occur after an entire heating system revamping or a lofty project, you can lower your home heating bill by doing just a few ...

Continue reading Lower Your Heating Bill with this Home Winterization Checklist

December 27, 2022

A Surefire Way to Teach Kids the Value of Money

By Len Penzo

One of the more difficult jobs any parent faces is teaching their kids the value of a dollar. Sadly, some kids never learn that money doesn't grow on trees. It may seem cruel, but parents who aren't afraid to let their kids spend their money on ...

Continue reading A Surefire Way to Teach Kids the Value of Money

December 22, 2022

Surprising Survey Results Highlight Attitudes of Young Drivers

By Enero Febrero

As the Association of British Insurers (ABI) and the road safety charity, Brake, work together to revise the existing learning-to-drive system, one survey suggests that the task of improving the habits and attitudes of young drivers may be ...

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December 21, 2022

The Thermostat Isn’t the Only Tool for Saving Money on Your Utility Bills

By Len Penzo

Despite the conventional wisdom, there is at least one study out there that has concluded that opposites really don't attract -- at least when it comes to successful relationships. If that's so, then perhaps my marriage is on borrowed time because ...

Continue reading The Thermostat Isn’t the Only Tool for Saving Money on Your Utility Bills

December 19, 2022

3 Ways to Reduce Your Calling Costs

By Sabado Domingo

Everybody loves a cheap phone bill. But keeping in touch with family and friends on the phone can get very expensive if not handled properly. So with that in mind, here's how many savvy shoppers reduce their calling costs both domestically and ...

Continue reading 3 Ways to Reduce Your Calling Costs

December 14, 2022

5 Ways to Get Rid of Your Unwanted Christmas Gifts

By Anum Yoon

Christmas is the season of giving. In some cases, that can include giving away. That's because no matter how many gifts you receive, there may be a few items in your haul that you neither need nor want. But are there inoffensive ways to get rid of ...

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December 13, 2022

How to Save Money at the Vet and Minimize Pet Medical Costs

By Len Penzo

Awhile back, we took our Rhodesian Ridgeback to the veterinarian for what I like to describe as a pet "lube, oil and filter." To put it another way, we had him placed under a general anesthetic so the vet could clean his teeth and work on repairing a ...

Continue reading How to Save Money at the Vet and Minimize Pet Medical Costs

December 12, 2022

The Importance of Good Moral Character

By Len Penzo

When evaluating people, they say good moral character trumps all. Coach John Wooden always preached that character was more important than reputation because "character is what you really are, while reputation is merely what others think you are." ...

Continue reading The Importance of Good Moral Character

December 8, 2022

The Importance of Understanding Energy Tariffs

By Sabado Domingo

Energy is necessary for running our businesses and homes, but it can be costly. Consumers and suppliers alike have borne the brunt of the UK's energy crisis, which has since seen the price of energy skyrocketing thanks to high energy ...

Continue reading The Importance of Understanding Energy Tariffs

December 6, 2022

8 Clever Low-Cost Homemade Gifts Everyone Will Enjoy

By Anum Yoon

Are you struggling (again) to come up with some unique Christmas gift ideas? This year, instead of waiting in long lines at the shopping malls or surfing hundreds of websites, why not try something different? Give a low cost homemade Christmas gift ...

Continue reading 8 Clever Low-Cost Homemade Gifts Everyone Will Enjoy

November 29, 2022

Home Repair Scams: Here Are the 9 Biggest

By Len Penzo

I've had numerous home repair scammers come to my house through the years offering "great deals" that were really anything but. You know the type. Most of these guys wouldn't know what a contractor's license looked like if it hit them in the ...

Continue reading Home Repair Scams: Here Are the 9 Biggest

November 28, 2022

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