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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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How Banks Work (vs. How People Think They Work)

By Len Penzo

It is utterly amazing how many people still believe that when they deposit their cash at a bank, the money is dutifully socked away in the institution's vault, where the bank pays a small amount of interest for the privilege of storing that cash ...

Continue reading How Banks Work (vs. How People Think They Work)

January 8, 2018

Black Coffee: America’s Exorbitant Privilege Faces Stiff Resistance

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. And away we go ... "The fact that ...

Continue reading Black Coffee: America’s Exorbitant Privilege Faces Stiff Resistance

January 6, 2018

6 Tips That Can Help You Avoid Pyramid Marketing Schemes

By Sabado Domingo

Pyramid schemes are in the news, with the recent lawsuit against LuLaRoe bringing fresh attention to the issue. If you're in the market for a side hustle or direct marketing opportunity, you need to be conscious of the difference between a legitimate ...

Continue reading 6 Tips That Can Help You Avoid Pyramid Marketing Schemes

January 5, 2018

Black Coffee: Which Way Will the Pendulum Swing in 2018?

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. Time has almost run out on 2017, so ...

Continue reading Black Coffee: Which Way Will the Pendulum Swing in 2018?

December 30, 2017

How to Get a Better Credit Score in Less Than 90 Days

By Sabado Domingo

Your credit score is more than just a three-digit number. It's also a measure of your financial health. A low credit score can make it harder to get approved for new loans or lines of credit. And if you do get approved, chances are you might get ...

Continue reading How to Get a Better Credit Score in Less Than 90 Days

December 26, 2017

Black Coffee: The 12 Bubbles of Christmas Edition

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. Merry Christmas, everyone! Grab ...

Continue reading Black Coffee: The 12 Bubbles of Christmas Edition

December 23, 2017

What is Tourism Marketing and How Can It Help My Business?

By Sabado Domingo

Is your business in the travel sector, offering experiences, or helping customers achieve the vacation of a lifetime? You would certainly benefit from specific tourism marketing -- but its methods aren't only useful for dedicated travel ...

Continue reading What is Tourism Marketing and How Can It Help My Business?

December 22, 2017

Here is Everything You Need to Know About the iPhone X

By Tex Freitag

If you're a fan of the iPhone line of smartphones, you may be asking yourself if you should upgrade to the iPhone 8, which looks and works like previous, or make the jump to the all-new iPhone X. There are reasons to hesitate before taking the ...

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December 19, 2017

Black Coffee: Why Every Day Is Christmas In and Around Washington, DC

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. Here's a friendly tip: If you're going ...

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December 16, 2017

Why I Love Christmas: A Guest Post from My Daughter, Nina

By Lenina Penzo

Readers: Today I'm digging into the archives to rerun this guest post from my daughter, Nina. She originally wrote the piece for me seven years ago, on December 24, 2010 -- back when she was just 11-years-old. I have to admit, rereading her ...

Continue reading Why I Love Christmas: A Guest Post from My Daughter, Nina

December 15, 2017

5 Ways to Make Your Business Greener While Increasing Profits

By Enero Febrero

Most business owners and managers who have their eyes on the prize are well aware reducing the environmental impact of their business is one of the best things they can do. Business owners can respond flexibly to the demands of the changing planet. ...

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December 14, 2017

5 Strategies That Can Help Boost Your Business’s Profits

By Tex Freitag

When you own a business, there are plenty of reasons to stay motivated. Maybe you're developing a unique product, or perhaps you have an excellent team in place with whom you love spending time. However, the main motivation is profit. Without it, ...

Continue reading 5 Strategies That Can Help Boost Your Business’s Profits

December 12, 2017

Black Coffee: Rethinking the ‘Wisdom’ of the Crowd

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. Let's get right to it this week ...

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December 9, 2017

Smart Tips for Protecting Your Personal Assets

By Enero Febrero

We live in litigious times and it's an unfortunate reality that you need to take steps to ensure your personal assets are protected from anything that may happen. It's also unfortunate that there are rather a lot of ways in which you could be put in ...

Continue reading Smart Tips for Protecting Your Personal Assets

December 7, 2017

Can Hybrid and Electric Cars Save You Money?

By Sabado Domingo

The invention of the car in the late 19th century was a game changer for what the world had been, and what it was going to become. There are few, if any, people who could imagine what it would be like not to have access to a car today. Sure, there ...

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December 6, 2017

12 Classic Toys from the Past and What They’re Worth Now

By Len Penzo

We all had our favorite childhood toys when we were growing up. For me, it was my old Tonka trucks -- I had an entire fleet of them that I regularly used to help me carve miniature highways and water canals out of a large dirt planter in our front ...

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December 4, 2017

Black Coffee: The Relentless Rise of Bitcoin (and Signs of a Bubble)

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. We've got a little more than three ...

Continue reading Black Coffee: The Relentless Rise of Bitcoin (and Signs of a Bubble)

December 2, 2017

10 External Funding Options for Startup Business Owners

By Sabado Domingo

Planning how to fund your business at various stages is part of being a business owner. Most companies need external capital at some point in the life of the company. There are two main ways to raise capital: debt and equity. With debt, you borrow ...

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November 30, 2017

6 Money-Saving Tips for Getting the Best Price on Life Insurance

By Len Penzo

Although everyone prays they'll never have to use it, buying insurance is something that we all have to do as responsible adults. Life insurance, in particular, is especially important because it protects your family by providing for your dependents ...

Continue reading 6 Money-Saving Tips for Getting the Best Price on Life Insurance

November 28, 2017

Black Coffee: Conniving Croupiers and Counterparty Risk

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. As always, if you enjoy what you read ...

Continue reading Black Coffee: Conniving Croupiers and Counterparty Risk

November 25, 2017

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