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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

Are You Smarter Than a 5th Grader? Guess How Much These Calendars Cost

By Len Penzo

With the new year upon us, I found myself in desperate need of a new desk calendar. At the time, I wasn't looking forward to venturing onto the busy streets and adding to the post-Christmas hustle and bustle, but it turns out that the Honeybee needed ...

Continue reading Are You Smarter Than a 5th Grader? Guess How Much These Calendars Cost

January 20, 2016

Poll: The 5 Biggest Money Regrets of 2015 — and How to Conquer Them

By Fred Schebesta

I'm confident that this time last year, scrawled on your list of New Year resolutions, was a sentence relevant to at least one of these four phrases: 'save money' 'stop spending' 'get out of debt' 'stick to a budget' According to a ...

Continue reading Poll: The 5 Biggest Money Regrets of 2015 — and How to Conquer Them

January 6, 2016

How I Was Bitten by the Expiring Reward Points Scam

By Len Penzo

Life is full of hassles. Some are really big, like losing a job. Others are more of an annoyance, like changing your place of residence. Then there are the really irritating ones that make you scratch your head and throw your hands up in complete ...

Continue reading How I Was Bitten by the Expiring Reward Points Scam

September 14, 2015

Social Security and My $152,000 Challenge to Uncle Sam

By Len Penzo

I've been a proud, full-time, member of the American workforce since 1988. Since then, I've earned approximately $2.4 million in base salary -- excluding bonuses, stock option cash-outs, and other income streams. It also excludes the money I ...

Continue reading Social Security and My $152,000 Challenge to Uncle Sam

June 9, 2015

Donate? Humbug! 8 Reasons Why My Favorite Charity Is Me

By Ebenezer Scrooge

Every year, especially around the holidays, I get hit up by solicitors asking me to donate to charity. The requests come from every direction. When people aren't knocking on my door with their hat in hand, then the requests come by mail and on the ...

Continue reading Donate? Humbug! 8 Reasons Why My Favorite Charity Is Me

December 16, 2014

Why Bottle Redemption Fees Belong In Your Local Landfill

By Len Penzo

Seattle's recent controversial decision to fine residents who put too much food in their garbage bins got me thinking about a recycling law in California that I believe needs to be repealed: the bottle redemption law. Frankly, I consider it to be ...

Continue reading Why Bottle Redemption Fees Belong In Your Local Landfill

September 29, 2014

What a $184 Cheese Sandwich Can Teach Us About Hype & Value

By Len Penzo

Last week, Britain's Daily Mail reported that celebrity chef Martin Blunos created a very unique sandwich with a menu price of $184.61. According to Blunos, who happens to be a Michelin-starred chef, "We Brits are known to love our cheese ...

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April 23, 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 ...

Continue reading Your Big Fat Expensive Wedding: Stupid Is As Stupid Does

January 27, 2014

How Cheaper Gasoline Ultimately Costs You More

By Len Penzo

You know, there used to be a guy named Ripley who made a fortune explaining why things aren't always what they seem. For example, a banana tree is not a really a tree at all, but a massive herb that can grow as tall as a four story building. If ...

Continue reading How Cheaper Gasoline Ultimately Costs You More

October 7, 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 ...

Continue reading The Trouble with Buying Movie Tickets Over the Internet

July 1, 2013

Yet Another Reason Why I Hate Buying Tickets from Ticketmaster

By Len Penzo

Most of you know I've had a hate/hate relationship with Ticketmaster for a long time now. After all, this is the company that wrote the book on ridiculous consumer fees that, many people argue, only serve to exploit their hapless customers; it's a ...

Continue reading Yet Another Reason Why I Hate Buying Tickets from Ticketmaster

May 27, 2013

How I Stupidly Got Ripped Off by Not Getting Multiple Estimates

By Len Penzo

Whether we realize it or not, we manage financial risk whenever we take the time to get multiple price estimates from competing contractors. Those who do often get rewarded for their efforts. As for those who don't, well ... they often end up ...

Continue reading How I Stupidly Got Ripped Off by Not Getting Multiple Estimates

March 25, 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 ...

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

February 25, 2013

15 Reasons Why Waterbeds Are For Suckers

By Len Penzo

Sometimes people buy things that they eventually end up regretting. I know I've got a long list. I've already explained why corner lots and whirlpool tubs are for suckers. Today, I've got two words for anybody out there who is currently ...

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December 3, 2012

Are You Smarter Than a 5th Grader? Guess My Rental Car Bill.

By Len Penzo

It seems like every time I go to Hawaii, I always learn a valuable financial lesson. I already shared how, during my recent summer vacation there, I was reminded of why folks should always be on their toes when shopping, as illustrated by two ...

Continue reading Are You Smarter Than a 5th Grader? Guess My Rental Car Bill.

August 29, 2012

What Does ‘Flare’ Taste Like? When Swanky Marketing Goes Too Far.

By Len Penzo

Last week my boss and I were sitting in a conference room when he spied a pack of gum that someone had left on the table. "Hey, Len! You want some gum?" "Well, that depends," I said. "What flavor is it?" "Five." "Five? What the heck does ...

Continue reading What Does ‘Flare’ Taste Like? When Swanky Marketing Goes Too Far.

July 2, 2012

If It Feels Good Do It: Maybe Strategic Defaults Aren’t So Bad After All

By Len Penzo

I bought my first home in 1990 at the top of the Southern California real estate market and promptly found myself with an "underwater" mortgage. And although I owed more than the home was worth over the next seven long years, I never walked away from ...

Continue reading If It Feels Good Do It: Maybe Strategic Defaults Aren’t So Bad After All

June 6, 2011

How My Great Dane and I Got Cheated By a Fake Charity

By Len Penzo

Well, I've been moonlighting again for American Express's cleverly titled Currency blog. I know. But this Christmas the Honeybee decided to ask for the first seven seasons of Grey's Anatomy. No, not on Blue-ray DVD -- she wants the whole cast to ...

Continue reading How My Great Dane and I Got Cheated By a Fake Charity

December 2, 2010

Ticketmaster’s New Blog (And Why I Hate Them Even More Now.)

By Len Penzo

I recently bought tickets to see Maroon 5 for one of their upcoming shows in Los Angeles. Let me tell you, I love Maroon 5 almost as much as I love my dog - which puts them pretty far up my totem pole of most-cherished entities. Of course, like ...

Continue reading Ticketmaster’s New Blog (And Why I Hate Them Even More Now.)

August 25, 2010

Scary Stories: Fellow Bloggers Share Their Tales of Buyer’s Remorse

By Len Penzo

According to Wikipedia, buyer's remorse is "an emotional condition whereby a person feels remorse or regret after a purchase."   It often refers to higher-priced items that are difficult or impossible to return, thereby making the buyer feel like, we ...

Continue reading Scary Stories: Fellow Bloggers Share Their Tales of Buyer’s Remorse

October 12, 2009

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