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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

Black Coffee: The 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. Yeah, I work over the holidays too. ...

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December 24, 2016

100 Words On: Why You Should Never Ever Fear Credit Cards

By Len Penzo

Credit cards provide a safe and convenient avenue for short-term borrowing. When used wisely and responsibly, credit cards provide valuable benefits that cash simply can't including consumer protections, cash dividends and other rewards. They can ...

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December 22, 2016

Black Coffee: If It Pleases the Court …

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 today ...

Continue reading Black Coffee: If It Pleases the Court …

December 17, 2016

More Holiday Gift Ideas Under $25

By Mikey Rox

I recently presented a list of holiday gifts for under $25. If you're still at odds with your decisiveness on what to get some people on your holiday gift list, then consider this collection of even more ideal ideas for a wide range of ages, ...

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December 14, 2016

Black Coffee: Who Wants a Big Slice of Pie-in-the-Sky?

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. Okay, let's get right to it this week ...

Continue reading Black Coffee: Who Wants a Big Slice of Pie-in-the-Sky?

December 10, 2016

A List of the Best Selling Christmas Toys Since 1983

By Len Penzo

If you're old enough, you probably remember the Cabbage Patch Doll. The strange-looking dolls were an instant hit, and by 1985 they had scored more than $600 million in sales. Of course, most of those sales occurred during Christmas. In fact, ...

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December 7, 2016

The $100,000 Salary Benchmark Is Woefully Overrated

By Len Penzo

In 2004 my gross annual income crossed the magical $100,000 benchmark for the first time. Reaching that milestone became a personal goal after graduating with an electrical engineering degree in 1988 and taking my first job at a salary of $31,000. ...

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December 5, 2016

A Roadmap for How the Next Economic Implosion Will Unfold

By Len Penzo

I have a theory regarding the order that the financial system dominoes will fall. Yes, it's only a theory -- but I think it is a plausible one. In fact, I believe the coming economic implosion will unfold in the following manner: Photo Credit: ...

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December 4, 2016

Black Coffee: In Venezuela, Rock Beats Paper

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 ... Credits and ...

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December 3, 2016

100 Words On: Why a Penny Saved Is More Than a Penny Earned

By Len Penzo

I think it was the Quaker Oats guy who famously declared that a penny saved is a penny earned. However, because of taxes, a penny saved is actually worth more than a penny earned. To illustrate, if you happen to be in the 10% tax bracket, every taxed ...

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December 1, 2016

Black Coffee: Mayor McCheese and the Rise of the McMillionaires

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. Okay, off we go ... Credits and ...

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November 26, 2016

Black Coffee: The Happy Thanksgiving 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. Let's get right to it this week ...

Continue reading Black Coffee: The Happy Thanksgiving Edition

November 19, 2016

12 Deadly Foods to Keep Away from Your Pets During the Holidays

By Judy Koutsky

The holidays are a time for delicious food and a lot of sharing. But while it may seem harmless to give your pet a little bit of Grandma's chocolate cake, it can actually make him really sick. In fact, there are a number of holiday treats for humans ...

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November 16, 2016

Black Coffee: He Who Panics First, Panics Best

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. Off we go ... Credits and ...

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November 12, 2016

An Overview of Ameritech Financial

By Enero Febrero

This is a sponsored post from Ameritech Financial. Ameritech Financial is a company that helps people with one of the biggest problems that currently exists: student loan debt. Student loan debt in the United States equals more than has grown to ...

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November 11, 2016

Why Getting Cash During the Next Crisis May Be Impossible

By Len Penzo

As time goes on, it will become increasingly more difficult to get your cash out of the financial system. There are several reasons for this: Photo Credit: stock photo ...

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November 5, 2016

Black Coffee: The Repo Man 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. And away we go ... Credits and ...

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November 5, 2016

Here’s Proof of Skyrocketing Inflation in Our Most Basic Necessities

By Jeff Desjardins

The way that economic data is presented, we often think of inflation as a singular number representing a general increase in prices. For example, it might be reported that nominal GDP growth was 3%, and that inflation was 2%. Since the inflation ...

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November 2, 2016

Black Coffee: Smart Money, Dumb Economists, and the Gold Standard

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 ...

Continue reading Black Coffee: Smart Money, Dumb Economists, and the Gold Standard

October 29, 2016

Is It Better to Be Prequalified or Preapproved for a Mortgage?

By Len Penzo

Readers: This is article 23 of 25 from my no-nonsense "Mortgage Basics" quick-reference series. The difference between being prequalified or preapproved for a home loan can be a critical factor in determining whether or not you'll get the home of ...

Continue reading Is It Better to Be Prequalified or Preapproved for a Mortgage?

October 27, 2016

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