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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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Approximate Energy Costs of Your Home Appliances

By Len Penzo

Our homes today are loaded with more electronic media and electric appliances than ever before. According to data published by the Energy Information Administration (EIA), US household electricity consumption is expected to grow about 29% from now ...

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July 26, 2021

The Importance of Long-Term Savings & Strategic Financial Road Maps

By Len Penzo

This past weekend a good friend of mine told me that, after faithfully keeping a strict budget for more than a decade, he finally stopped -- and now he was feeling guilty about it. I know what he means. Although I've written before about the ...

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July 19, 2021

The Benefits of Green Washing

By Sabado Domingo

Did you know that your home appliances make up a third of your water and energy consumption? Many washing machines are designed to be largely energy and water efficient, so you can rest assured you're helping the environment while reducing your ...

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June 30, 2021

What Does the ‘Latte Factor’ Teach Us About Saving?

By Tex Freitag

You may have heard of the "latte factor" concept, a money-saving technique that can be adopted by anyone and can lead to incredible results many years down the line. The Latte Factor was written by money-saving expert David Bach, who is the ...

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June 18, 2021

9 Important Money Tips Every Dad Should Teach His Kids

By Len Penzo

Kids, with Father's Day right around the corner, I hope you don't mind if your dear old dad takes a few minutes to give you a little bit of fatherly financial advice. Despite what your mom says, I don't profess to know everything -- okay, I guess ...

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June 14, 2021

What Are the Most Effective Ways to Save Money as a Couple?

By Corazon Gritar

Couples often live together before getting married. In fact, about 70% of them do. That's plenty of couples who may acknowledge a coupon can save them money. If you believe in saving, know there are effective strategies. Read on to learn how to save ...

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June 11, 2021

3 Eco-Friendly Home Improvements That Will Actually Save You Money

By Corazon Gritar

Many people seem to be under the impression that most products intended to be energy-efficient actually cost more money to purchase than the product saves over time. However, if shoppers want to genuinely save some money on their eco-friendly ...

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June 2, 2021

The 5 Best Mobile Apps for Saving Money

By Tex Freitag

When it comes to anything related to money, being financially responsible is always a good thing. This is because it will allow you to not just ensure that everything you need is taken care of, but it will also allow you to set aside some money for ...

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May 21, 2021

A Real-Life Lesson on the Importance of Recognizing Hidden Value

By Len Penzo

Sometimes, certain extraordinary events occur that seem to defy any attempt at a logical explanation, only to be later revealed upon closer inspection for what they really are. For instance, ghosts? They're usually explained by light reflections, ...

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May 10, 2021

How to Save For an Emergency Fund

By Corazon Gritar

Over 31 million injuries that require medical attention occur each year in the United States. If you're injured and don't have an emergency fund, you'll have to cover the insurance co-payment -- or sometimes even the total payment -- on your own. ...

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April 21, 2021

Behold the $100,000 Hamburger!

By Brandon Wilkins

"I think I'll have the combo meal, two candy bars and a triple mocha latte." "Very good, sir. That'll be $410,000." WTF?!?!? No; not really. At least not at one time. Now that I have your attention, I want to discuss the importance of ...

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April 14, 2021

5 Investment Strategies To Help You Save For Retirement

By Sabado Domingo

Although you're still of good working age, you should already be preparing for your retirement. However, this topic is often brushed off by most people since they don't know how to start planning for it and what investment strategies will lead to a ...

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April 13, 2021

22 Smart Money Tips Everyone Can Learn by Playing Doctor

By Len Penzo

So ... Who wants to play "doctor"? I know what you're thinking, but you can relax. I promise nobody will end up in the principal's office after we're finished here. That's because this version only focuses on taking a peek at our ... personal ...

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April 12, 2021

4 Ways to Make Saving Fun by Turning It Into a Game

By Mikey Rox

We all want to save money, but for many us, saving is difficult. It may be hard because we don't make enough money to send to our savings accounts, or perhaps we're spending too much of what we earn on frivolous things. Even so, saving isn't ...

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March 16, 2021

9 Important Strategies to Help You Manage Financial Risks

By Len Penzo

Internationally-known daredevil Karl Wallenda earned his fame by performing acrobatic acts high above the ground -- without a safety net. For years, Wallenda had performed his dangerous stunts countless times without incident, but on March 22, 1978, ...

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February 22, 2021

6 Basic Steps to Help You Achieve Financial Freedom

By Tex Freitag

Financial freedom can be a difficult term to define, but at a very basic level it simply means controlling your own finances entirely. In order to gain financial freedom, you not only have to be free of debt, but also be able to provide for yourself ...

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February 17, 2021

Money, Freedom, and a Lesson on the Importance of Saving

By Len Penzo

One of money's best characteristics is its ability to bestow freedom upon those who possess it. Unfortunately, the amount of freedom that money provides is directly proportional to the amount of cash available -- not only in our wallet, but in our ...

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November 2, 2020

7 Tips University Students Can Take Advantage of to Save Money

By Enero Febrero

College time is an expensive period of life. Lots of students have to pay for their tuition or repay credits. In addition, the rental fees are going up from year to year. Even if you are not a party person and dedicate all the time you have to study, ...

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October 23, 2020

Here’s an Easy Way to Save $1500 Per Year – Just By Doing Your Laundry

By Len Penzo

Nobody likes doing the laundry. Well, at least nobody I talk to. I know for a fact that the Honeybee never looks forward to laundry day. Even so, she won't let me come anywhere near the washing machine because she hates the way I do laundry. ...

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September 21, 2020

The Easiest Money You’ll Ever Make

By Len Penzo

Who doesn't love making money? I know I do. Now let's take it up another notch. Who doesn't love making money for as little effort as humanly possible? If you aren't nodding your head right now, then I think it's safe to say that you're not being ...

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July 13, 2020

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