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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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Social Security and My $152,000 Challenge to Uncle Sam

By Len Penzo

I've been a proud, full-time, member of the American workforce since 1988. Since then, I've earned approximately $2.4 million in base salary -- excluding bonuses, stock option cash-outs, and other income streams. It also excludes the money I ...

Continue reading Social Security and My $152,000 Challenge to Uncle Sam

June 9, 2015

Why the Economic End Game Is Finally Upon Us

By Len Penzo

Let's face it, folks: If the world economy was healthy it wouldn't be stuck in a period of excruciatingly slow -- if not downright negative -- real growth while trillions in central bank currency are being printed and poured into the international ...

Continue reading Why the Economic End Game Is Finally Upon Us

June 7, 2015

Black Coffee: This Edition Brought to You by the Letters M and B

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... I hope everybody had a great week! Okay, off we go ... Credits and Debits Debit: Let's face it, folks: Greece is broke. In fact, Greece is so broke they couldn't scrape up enough ...

Continue reading Black Coffee: This Edition Brought to You by the Letters M and B

June 6, 2015

Coming Soon: The Greatest Wealth Transfer of All Time

By Len Penzo

Precious metals holders buy gold and silver because they understand that the majority of the modern financial world's assets are debt-based instruments and want to reduce their exposure to the resulting counterparty risk. Unfortunately, a large ...

Continue reading Coming Soon: The Greatest Wealth Transfer of All Time

May 31, 2015

Black Coffee: Bubble, Bubble, Toil and Trouble

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: Bubble, Bubble, Toil and Trouble

May 30, 2015

Black Coffee: Rules for Thee But Not For Me

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 ...

Continue reading Black Coffee: Rules for Thee But Not For Me

May 23, 2015

The Latest Home Buying Survey Shows Increased Optimism

By Len Penzo

Owning a home has always been a big part of the American Dream. In fact, with the wide variety of homes on the market and interest rates still near historic all-time lows, it's no wonder that so many people remain seriously interested in taking steps ...

Continue reading The Latest Home Buying Survey Shows Increased Optimism

May 20, 2015

Black Coffee: The American Atlas 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. Unfortunately, my plane from Boston ...

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May 16, 2015

The Emperor Has No Clothes: Why In-N-Out Burger Is Overrated

By Len Penzo

I know what I'm about to say is going to make more than a few people's heads explode, but it needs to be said: In-N-Out Burger ain't what it used to be. No, really. Trust me on this one, folks; I know what I'm talking about. I've been eating ...

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May 13, 2015

Black Coffee: Sorry, But This Pig Is Going to Need More Lipstick

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: Sorry, But This Pig Is Going to Need More Lipstick

May 9, 2015

How I Live On Less Than $40,000 Annually: Tara from Maryland

By Guest

My name is Tara, I'm 39, single, and I currently live in Ellicott City, Maryland. I used to work as a Linux Systems Administrator making a six-figure income. Then I lost my job. I remained unemployed for 18 months, but now I work in ...

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May 4, 2015

Black Coffee: Stupid Financial System Tricks

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... I've got a lot of honey-dos I'm trying to check off. Of course, you know what means: Yep. This week I've got another scintillating espresso edition of Black Coffee for you! Please, hold ...

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May 2, 2015

Black Coffee: What? Me Worry?

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 ...

Continue reading Black Coffee: What? Me Worry?

April 25, 2015

Black Coffee: French Fries, Asparagus and Central Bank Cabbage

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: French Fries, Asparagus and Central Bank Cabbage

April 18, 2015

Is Hiring a CPA Worth It?

By Sabado Domingo

When it comes to dealing with your taxes, hiring a professional can provide value that will feel worth it at tax time in April, as well as throughout the year. Even if you have handled your taxes solo in the past, it might be time to weigh your ...

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April 14, 2015

Black Coffee: Welcome to the Theater of the Absurd

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: Welcome to the Theater of the Absurd

April 11, 2015

Black Coffee: The Easter Bunny Edition

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Happy Easter everyone! Because of the holiday, this week I have an espresso edition of Black Coffee. I promise I'll be back next week with an entire carafe for you. And with that, let's go ...

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April 4, 2015

How I Live on Less Than $40,000 Annually: Paulie from New York

By Guest

My name is Paulie and I've been reading Len's awesome blog for almost a whole year now. I'm 27 years old. After getting my high school diploma I held a series of odd jobs before deciding three years ago that it was time to leave the rat race. So I ...

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April 1, 2015

An Example of How Saving In Cash Erodes Your Long Term Purchasing Power

By Len Penzo

The trouble with holding long-term savings in cash is that the purchasing power of the U.S. dollar decreases every year because the federal government continually spends more than it earns. Unfortunately, the erosion of the dollar's purchasing ...

Continue reading An Example of How Saving In Cash Erodes Your Long Term Purchasing Power

March 31, 2015

Black Coffee: More Proof That Taxes Grow Without Rain (and Sunlight)

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 ...

Continue reading Black Coffee: More Proof That Taxes Grow Without Rain (and Sunlight)

March 28, 2015

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