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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

Using a HELOC as an Alternative to Refinancing

By Len Penzo

Recently I was talking with a buddy of mine, who happens to be a higher-echelon employee for a major bank, about my desire to refinance into a longer-term home loan in order to provide me with additional financial flexibility in the event I ever lost ...

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January 19, 2009

Top 12 Songs That Teach A Lesson About Money (Part 2)

By Len Penzo

We'll now continue with Part 2 of my list on the Top 12 Songs That Teach A Lesson About Money. For those of you that missed it, the list's first 6 songs, along with the complete explanation of criteria and qualifications that enabled a song to ...

Continue reading Top 12 Songs That Teach A Lesson About Money (Part 2)

January 18, 2009

Top 12 Songs That Teach A Lesson About Money

By Len Penzo

Since this blog is focused on helping others achieve financial freedom, I figured if I was going to put together my personal list of the greatest money songs of all time, I at least owed it to my five loyal readers to ensure that the list was more ...

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January 17, 2009

Paying Off Your Mortgage Is a No-Brainer

By Len Penzo

As promised, with our home currently in the process of being refinanced for the fourth time since 1997, I have finished doing an analysis on whether or not to continue prepaying the mortgage early. After running the numbers, I have come to the ...

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January 11, 2009

Got a Fixed Rate Mortgage? Root for High Inflation.

By Len Penzo

With all the liquidity that the governments of the world have been releasing into the economy, I believe it will only be a matter of time before we begin to experience a nasty bout of inflation that will force interest rates into territory not seen ...

Continue reading Got a Fixed Rate Mortgage? Root for High Inflation.

January 8, 2009

Living Within Your Means Has Its Rewards

By Len Penzo

First off, I know I sound like a broken record, but I will repeat myself yet again because it is a key tenet of this blog -- financial freedom can be attained by anyone, regardless of income level! "Financial freedom", folks, is not a two-word ...

Continue reading Living Within Your Means Has Its Rewards

January 6, 2009

Budgeting to Meet the Household Strategic Plan

By Len Penzo

A household budget should be based upon a well-thought strategic plan for the future. I've already discussed how to establish your household strategic plan so you can begin to build a household budget that meets your long-term strategic plan. ...

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January 3, 2009

Why You’re Broke: You Don’t Audit Your Spending Habits

By Len Penzo

Now that I've outlined a top-level job description for the household CEO it is time to begin breaking down each of those six top-level tasks in a little more detail. The biggest reason most people always find themselves broke and continually in debt ...

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December 29, 2008

What the Heck Does a Household CFO Do?

By Len Penzo

Being the household CEO can be a very lonely job indeed, but it doesn’t have to be.   In multiple-person households, there may be others (usually the spouse) who will wish, or even insist, to be a part of the financial management process.   Luckily, i ...

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December 27, 2008

What the Heck Does a Household CEO Do?

By Len Penzo

Okay, so you've heard me preach that the job of household CEO is a relatively easy one. I've already discussed the primary qualifications that every household CEO must have in hand, but just what is it that a household CEO does? To answer that ...

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December 26, 2008

The Sad Consequences of Fiscal Irresponsibility

By Len Penzo

The first step to becoming a successful household CEO is to understand the tragic consequences of fiscal irresponsibility. A household CEO that fails to understand this is equivalent to an automobile driver trying to navigate rush hour traffic with a ...

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December 16, 2008

Better Late Than Never

By Len Penzo

A recent article in Ars Technica stated that Technorati has tracked 133 million blogs since 2002. Consider this blog number 133,000,001. So what if I am five years or so late getting onto the blogging bandwagon? Better late than never, right? I ...

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December 11, 2008

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