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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

Smart Money Habits to Help You Save More Every Month

By Corazon Gritar

smart money habits

Creating smart money habits is a powerful way to enhance financial stability and achieve long-term goals. In today's fast-paced world, where expenditures seem endless, adopting strategic approaches to money management is essential. This article ...

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February 13, 2025

10 Easy Ways to Save Big Money Every Day

By Len Penzo

Savvy individuals are always looking for great ways to cut costs and save money. In fact, sticking to a careful budget today is more important than ever. But individuals who want to save big money don't need to worry. Here are 10 simple tips that can ...

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February 10, 2025

Behold the Power of Compound Interest!

By Len Penzo

George Lucas continues to mislead millions of people into believing that the most powerful force in the universe is, well ... the Force. But every successful household CEO knows for a fact that Lucas is dead wrong. That is not surprising at all given ...

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December 23, 2024

6 Ways to Save Money Despite Living Paycheck to Paycheck

By Sabado Domingo

If you've been living paycheck to paycheck, starting a savings account might seem like an impossible feat. However, there are things you can do to save money, even if it's only a little bit at a time. For example: Shop Smarter One major reason why ...

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November 13, 2024

10 More Financial Old Wives’ Tales Masquerading As Rules of Thumb

By Len Penzo

There are people out there who swear that if you're lucky enough to see the first flower of springtime on a Friday, it's a sign of impending wealth. I know. I don't buy it either. Still, let's assume these folks know what they're talking about; ...

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October 21, 2024

Your Christmas Fund: 12 Ways to Save $2000 Before the Holidays

By Mikey Rox

September is here and the holidays are less than three months away, so if you don't yet have enough cash stashed in your Christmas fund to cover all the upcoming expenses -- like hosting family dinners, gifts, and all that extra gas you'll use ...

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September 17, 2024

Personal Finance for Kids: My 12-Year-Old Daughter Explains Her Strategy

By Len Penzo

My daughter, Nina, turned 25 years old last month. I know it's cliche, but I truly do remember the day she was born like it was yesterday. I'm happy to say that Nina has always been a natural saver and good at managing her money -- and when it ...

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September 9, 2024

How to Save for a New Home With Spotty Income

By Len Penzo

Some of the most important things in life are always taken for granted. After all, most of us drawing a steady salary never consider how fortunate we are to get a regular paycheck. On the other hand, those who work on commission or depend on tips for ...

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August 19, 2024

Why Cutting Expenses to the Bone Isn’t Always Enough

By Len Penzo

The other day I was fueling up my car at the local gas station. While I was waiting for the tank to fill, I thought it would be a good idea to get rid of the remains of a ridiculously large bug that was splattered on the windshield. Unfortunately, ...

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August 12, 2024

Real-Life Example: Why Every Homeowner Needs an Emergency Fund

By Len Penzo

Everybody needs an emergency fund. However, believe it or not, a USA Today survey found that 70% of Americans have less than $1000 in savings. And while I can at least partially understand why those living on very tight budgets may have trouble ...

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July 8, 2024

How Eating Donuts Can Help You Stay on Budget

By Barbara Friedberg

Occasionally, my hubby picks up a donut for a breakfast treat. I usually refrain from this particular indulgence; too fattening, too many calories, etc. Yesterday, since it was such a lean sweet day, I decided to join him for a donut. I selected a ...

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June 5, 2024

20 Ways to Save $5 a Day

By Mikey Rox

Need $100 this month? Who doesn't! The trick is in finding an easy way to save that cash in small increments. The good news is you can add an extra benjamin or two to your bank account by taking advantage of these simple ways to save $5 a ...

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June 4, 2024

5 Ideas That Will Teach Kids to Save Money

By Len Penzo

As a parent of two children, I realized early on that trying to teach them the importance of saving money is a tall order. After all, we should all strive to teach kids to save money. But let's face it, how many 9-year-olds care about stuff like the ...

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May 13, 2024

Why Deflation Benefits Savers

By Len Penzo

Ever since the Great Depression, central bankers have, curiously, striven to avoid deflation at all costs. But benign price deflation caused by increases in productivity -- as opposed to "bad" deflation caused by a reduction in money supply -- leads ...

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March 7, 2024

How to Save Money By Living Like You’re Broke

By Sabado Domingo

There are blogging websites dedicated to showing people how to save money and live frugally. Housing costs usually take up a large chunk of the expenditure for most individuals and families and so it makes sense to check a mortgage calculator to ...

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February 14, 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 ...

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January 16, 2024

6 Good Financial Habits That Will Improve Your Bottom Line

By Anum Yoon

Did you make a New Year's resolution to improve your bottom line? Fortunately, it only takes a few good financial habits to meet that noble goal. Even better, most good financial habits are so easy to implement that it's just a matter of getting ...

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January 2, 2024

How to Save Money: It Starts with the Right Mindset

By Sabado Domingo

Do you find yourself running into financial problems and falling into debt? Do you wish you could save more money but find that you have nothing left of your paycheck to save? Overspending can cause a lot of financial problems including consumer debt ...

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December 6, 2023

How 6 Tiny Money Leaks Cost Me $2802 Annually

By Len Penzo

I hate it when I see people waste food. I'm not sure why, but I've always been that way. Another pet peeve of mine is carelessly wasting money on things that can be easily prevented. And while I am very diligent about not wasting food, I still have a ...

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October 2, 2023

How Thinking Outside the Box Can Save You a Fortune

By Len Penzo

A fellow walked into a New York City bank asking for a $4000 loan. "Okay," the teller said, "But we're going to need collateral." The man responded: "My black Porsche is in your parking lot. Here are the keys." Several weeks later, the man returned ...

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September 21, 2023

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