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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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Black Coffee: Like It Or Not, We’re Through the Looking-Glass

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Let's get right to it this week ... Credits and Debits Debit: So ... what's wrong with this picture? Despite being fed month after month with low US unemployment rate figures, the ...

Continue reading Black Coffee: Like It Or Not, We’re Through the Looking-Glass

March 5, 2016

Black Coffee: The Full Metal Jacket 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. As a reminder, later today, on ...

Continue reading Black Coffee: The Full Metal Jacket Edition

February 27, 2016

Black Coffee: If Everything’s Free Then the War on Cash Becomes Moot

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. Earlier this week, reader Rebecca ...

Continue reading Black Coffee: If Everything’s Free Then the War on Cash Becomes Moot

February 20, 2016

Why Coke Rewards Are For Suckers

By Len Penzo

I used to be absolutely mesmerized by VH1's Celebrity Rehab and its companion program, Sober House. I found both shows' real-life peek at celebrity addicts' half-hearted attempts at recovery absolutely, well ... addicting. You can preach all you ...

Continue reading Why Coke Rewards Are For Suckers

February 15, 2016

Got Gold? The Perth Mint Doesn’t. They’re Sold Out.

By Len Penzo

There are still other major bullion houses with product available, but you won't find any at the Perth Mint. (h/t: FrivolousSpendThrift at ZeroHedge) Screen Shots: Len Penzo ...

Continue reading Got Gold? The Perth Mint Doesn’t. They’re Sold Out.

February 13, 2016

Black Coffee: You Never Give Me Your Money

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. Too little time and too much to do, so ...

Continue reading Black Coffee: You Never Give Me Your Money

February 13, 2016

My Porch Remodel (Phase 1): New Columns and the Hunt for Obsolete Bricks

By Len Penzo

I've already shared my remodeling adventures with our kitchen and master bathroom -- so I thought I'd share our latest home improvement sojourn. After 18 years, the Honeybee and I finally decided to give our front porch an upgrade. To be honest, ...

Continue reading My Porch Remodel (Phase 1): New Columns and the Hunt for Obsolete Bricks

February 10, 2016

Why Interest Rates Will Only Go Lower Under the Current Monetary System

By Len Penzo

Do you ever wonder why student loans increased by 84% since the last crisis in 2008, and there is now $1.2 trillion in total student loan debt that has been issued in the US? Do you wonder why there is now nearly $1 trillion in auto loans, fueled by ...

Continue reading Why Interest Rates Will Only Go Lower Under the Current Monetary System

February 6, 2016

Black Coffee: Don’t Expect an Apology for All This Negativity

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... It's Super Bowl weekend! Just for the record, I'm one of those people who enjoy watching the commercials more than the game. And away we go ... Credits and Debits Debit: Check out ...

Continue reading Black Coffee: Don’t Expect an Apology for All This Negativity

February 5, 2016

Black Coffee: Haughty Hot Dogs, Naughty Potatoes & Dead Men Walking

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: Haughty Hot Dogs, Naughty Potatoes & Dead Men Walking

January 30, 2016

Black Coffee: The Deflation Bogeyman and America’s Decline

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. Money is the barometer of a society's ...

Continue reading Black Coffee: The Deflation Bogeyman and America’s Decline

January 23, 2016

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

Black Coffee: The Blurred Line Between Fiction and Nonfiction

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 we go ... Credits and ...

Continue reading Black Coffee: The Blurred Line Between Fiction and Nonfiction

January 16, 2016

Black Coffee: It’s Time to Batten Down the Hatches

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. I just got back from a long business ...

Continue reading Black Coffee: It’s Time to Batten Down the Hatches

January 9, 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

Negative Interest Rates and the Demonization of Cash

By Len Penzo

A lot of financially savvy people out there say that the world's central banks have foisted zero- and negative-interest rates (otherwise known as ZIRP and NIRP) to force people out of their savings. The truth is, there is a more pressing reason for ...

Continue reading Negative Interest Rates and the Demonization of Cash

January 2, 2016

Black Coffee: The Happy New Year Edition

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Happy New Year, everyone! Away we go ... Credits and Debits Debit: Despite being $72 billion in debt and guilty of defaulting on a portion of its bond payments last summer -- with ...

Continue reading Black Coffee: The Happy New Year Edition

January 2, 2016

Infographic: Where Your Tax Money Will Be Spent In 2016

By Len Penzo

The holiday season is now over, which means the advent of tax season is officially here. I know, but what can you do? The average American taxpayer can expect to be taxed at about 31.5% of their wages, which comes out to a massive ...

Continue reading Infographic: Where Your Tax Money Will Be Spent In 2016

December 29, 2015

Culinary Odds & Ends: How Eating Leftovers Saves Me $1700 Annually

By Len Penzo

Last year my family spent a small fortune on groceries -- $12,764 to be exact. If you were to press me on the matter, my teenage son, Matthew, probably ate $9000 worth of them. Anyone who thinks I'm kidding hasn't seen our kitchen after a visit ...

Continue reading Culinary Odds & Ends: How Eating Leftovers Saves Me $1700 Annually

December 28, 2015

Black Coffee: The Don’t Blink or You’ll Miss It 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. I hope everyone had a great Christmas ...

Continue reading Black Coffee: The Don’t Blink or You’ll Miss It Edition

December 26, 2015

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