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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

Does Anybody Know the Going Rate for the Tooth Fairy?

By Len Penzo

My 9-year-old daughter, Lenina, lost another tooth today! Of course, most everyone knows custom dictates that when a child loses a tooth they dutifully place it under their pillow knowing that the Tooth Fairy will come and take it in exchange for ...

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June 22, 2009

Celebrating My 100th Post!

By Len Penzo

You know, they say a milestone is anything that gives you a personal sense of accomplishment and helps you move forward. Amazingly enough, after just over six months I reached an important blogging milestone of my own today: post number 100! ...

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June 17, 2009

The 5 Worst Jobs For Teenagers

By Len Penzo

With summer here, schools are now on hiatus for vacation in most places around the country and teenagers are scurrying to find temporary jobs to earn some extra money. With that in mind, some parents may be interested to know that the National ...

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June 12, 2009

Paying Off the Mortgage Early? Not So Fast …

By Len Penzo

In January 2009 I wrote one of my most popular posts to-date entitled Paying Off Your Mortgage Early Is A No-Brainer. In that post I did a detailed analysis that justified why paying down my mortgage was the right thing to do. That Was Then, This ...

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June 1, 2009

9 Personal Finance Lessons I Learned from Watching The Simpsons

By Len Penzo

Twenty years ago the series premier of arguably the greatest cartoon ever, The Simpsons, debuted in the United States. Over that time I have watched countless episodes chronicling the lives of Homer, Marge, Bart, and Lisa Simpson and all of their ...

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May 26, 2009

How to Avoid Neighbor Conflicts When It’s Time for a New Fence (Part 2)

By Len Penzo

This is the second part of a two-part series. Click here for part one. As I noted in part one, over the years I have personally talked to several friends of mine who told me they would rather spend a couple hours in the dentist chair having their ...

Continue reading How to Avoid Neighbor Conflicts When It’s Time for a New Fence (Part 2)

May 23, 2009

How to Avoid Neighbor Conflicts When It’s Time for a New Fence

By Len Penzo

Being a homeowner has a lot of responsibilities that renters never have to deal with. Many of the responsibilities are no big deal; others can be extremely unpleasant. One of the most painful homeowner tasks is dealing with the neighbors when a ...

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May 21, 2009

Inflation: How China May Be Forced To Use The Nuclear Option

By Len Penzo

It's Inflation Week at Len Penzo dot Com. Follow me over the next several days as I explore the multiple facets and facts about this insidious scourge, the probability of its resurgence, its potential impacts on us, and strategies for protecting ...

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May 17, 2009

Inflation: Your Four Best Defenses For Preserving Your Wealth

By Len Penzo

I kicked off this series on inflation with a warning about why all of us should fear inflation and why the US government needs it to take root in our economy. But I'm not the only one who thinks so. Forbes posted an excellent article on the coming ...

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May 14, 2009

Inflation: Why You Should Fear It, And Why The US Wants It

By Len Penzo

Ronald Reagan accurately warned us in 1984 to be vigilant against inflation because it can come, "like a thief in the night to rob our savings, rob our earnings, and take the bread off our tables." For this reason, the government is usually on ...

Continue reading Inflation: Why You Should Fear It, And Why The US Wants It

May 10, 2009

Does Buying Your Gas In The Early Morning Really Save Money?

By Len Penzo

I've already written about the folly of trying to save a few cents per gallon when shopping for gas. But did you know there are times when you don't get exactly what you pay for when you fill up your gasoline tank at the local station?   It's not t ...

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May 7, 2009

How Mexico Can Save Its Oil Industry: Sell Baja California to the US

By Len Penzo

Another economic disaster looms for both the US and Mexico and something needs to be done in the near future to stop it. Mexico is currently the fifth largest oil producer in the world and the third biggest supplier of crude oil to the United ...

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April 23, 2009

Out of Touch? Putting The Tea Party Protests In Perspective

By Len Penzo

In 1773, American colonists tossed three shiploads of taxed tea into Boston Harbor as a protest against the British practice of taxation without representation. Some 236 years later, another tea party of sorts was held in towns all across America, ...

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April 16, 2009

Beware of Strangers Bearing Gifts

By Len Penzo

Lisa Simpson: Grampa! Didn't you wonder why you were getting checks for doing absolutely nothing? Grampa: Not really... I figured it was because the Democrats were in power again. -- From an episode of The Simpsons I've got some great news ...

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April 14, 2009

Don’t Fall for the Siren’s Song of Socialism

By Len Penzo

Rasmussen Reports released the results of a survey today that shows only 53% of American adults believe capitalism is better than socialism. This poll represents a shot over the heads of everybody who cares for the future of this country. Among ...

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April 9, 2009

Stop the Bailouts and Let the Bankruptcy Process Do Its Job

By Len Penzo

The US government's decision to force out the head of General Motors should send chills throughout the private sector for years to come. This only serves to undermine the free market and stretch government authority over the private sector in ways ...

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March 31, 2009

What It Really Feels Like To Be A Millionaire

By Len Penzo

Yesterday my family and I got in the car and drove to Arizona for the day to see my beloved Los Angeles Dodgers play a Cactus League game against the Chicago White Sox at their new spring training complex known as Camelback Ranch. The Dodgers lost ...

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March 30, 2009

The Middle Class Should Prepare for an Increasing Tax Burden

By Len Penzo

It's time to dip into the mailbag again. I always love it when I get letters -- especially the more, shall we say, interesting ones. For example, I received one letter from someone who I can only assume is a card carrying member of a militant ...

Continue reading The Middle Class Should Prepare for an Increasing Tax Burden

March 24, 2009

Gordon Gekko Would Be Proud: It’s Time to Let AIG Fail

By Len Penzo

The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for ...

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March 19, 2009

24 (Financial) Things About Me … And One Confession Makes 25

By Len Penzo

I have a confession to make: I'm the Prince of Unhip. The King of Cautious. Poster boy for Blah. Lord of the Nerds. I get misty-eyed every time I watch Anthony Edwards give that inspiring "I'm a nerd and I'm pretty proud of it" speech in front of ...

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March 15, 2009

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