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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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Why Deflation Benefits Savers

By Len Penzo

Ever since the Great Depression, central bankers have, curiously, striven to avoid deflation at all costs. But benign price deflation caused by increases in productivity -- as opposed to "bad" deflation caused by a reduction in money supply -- leads ...

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March 7, 2024

How to Eliminate Student Loan Debt BEFORE Starting College

By Hannah Johnson

The national student debt load continues to sit at a crisis point - so it's not surprising that there is a big push to eliminate student loan debt. For this year's graduating class, more than 70% of graduates borrowed money to finance their tuition, ...

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March 6, 2024

6 Ways to Own an Unconventional Home

By Anum Yoon

Homeownership is part of the American dream, but buying a house today isn't what it used to be. For example, they're more expensive than ever! Fortunately for modern homebuyers, there are many ways to become the owner of less expensive unconventional ...

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March 5, 2024

Why Libertarians Prefer Gold and Silver to Fiat Currency

By Len Penzo

Nowhere in history has liberty ever caused a nation to lose its mind and soul like collectivism has. Never. For proof, all one has to do is look at history: the Jacobins during the French Revolution; in Russia -- Lenin, Stalin and the Bolsheviks; ...

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March 4, 2024

Black Coffee: Breakfast for Dinner

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've got another busy weekend ahead of ...

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March 2, 2024

Grandfather Says: The Continuing Chronicles of Elaine, Part 35

By RD Blakeslee

The following was written by my late wife Elaine. She wrote a long book, a diary really, from which this is one passage: One day I was in the steel building, surrounded by a confusion of boxes and furniture, enjoying playing my Steinert piano for ...

Continue reading Grandfather Says: The Continuing Chronicles of Elaine, Part 35

February 29, 2024

Why You Need Life Insurance to Protect What You Have Built

By Enero Febrero

Life insurance can help protect the lifestyle you have built for you and your family. The benefits afforded by life insurance go much farther than replacing income, although a policy can provide a spouse or child with income replacement if something ...

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February 28, 2024

5 Ways to Eat Healthy on a Budget

By Corazon Gritar

The desire to lose weight and get in shape can be a constant struggle. Over the last four decades, the adult obesity rate has more than doubled. Turn on the television and you are likely to find any number of advertisements about the newest diet. No ...

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February 27, 2024

Is There a Perfect Portfolio Allocation?

By Len Penzo

Economically speaking, at any point in time, the world is typically in one of four scenarios: prosperity, inflation, recession or deflation. For most folks, their investments tend to do well in times of prosperity, but not so well in other ...

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February 26, 2024

Black Coffee: Decisions, Decisions

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 everybody had a wonderful week. ...

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February 24, 2024

Why a Home Shouldn’t Be Considered an Investment

By Len Penzo

It's often said that a house is our biggest investment, yet the primary function of any house is to simply provide us with a place to live. Yes, handsome gains can be had for those with good timing. However, as investments go, houses rarely match the ...

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February 22, 2024

7 Tips for Earning a Living with Rental Properties

By Sabado Domingo

If you've been considering making extra money renting out a property you own, you've no doubt already discovered how much stress and planning is involved with being a landlord. As you think about whether or not earning money by renting out properties ...

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February 21, 2024

12 Ways to Help Prepare Your Kid for the Real World

By Mikey Rox

Remember when you were a kid and you just couldn't wait to be an adult? For most people, once they get there, the novelty wears off fast. Yet, while facing the real world on your own is a rite of passage that should be observed on an individual ...

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February 20, 2024

How to Choose the Best CBD Gummies for Yourself

By Tex Freitag

CBD gummies have become a prevalent way to embody the benefits of CBD into one's daily routine. Thanks to their delicious taste, ease of use, and discrete nature, CBD gummies have paved their way into the lives of many enthusiasts. However, with the ...

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February 19, 2024

31 Fascinating Facts You Didn’t Know About Gold

By Len Penzo

Despite claims to the contrary from Wall Street financial service hucksters and statist economists the world over, there is no better money than gold. In fact, as JP Morgan famously noted, gold is money; everything else is credit. Of course, Morgan's ...

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February 19, 2024

Black Coffee: The American Dream … Reimagined!

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. Well ... another busy week is behind ...

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February 17, 2024

Grandfather Says: The Continuing Chronicles of Elaine, Part 34

By RD Blakeslee

The following was written by my late wife Elaine. She wrote a long book, a diary really, from which this is one passage: Final Move, to Union, West Virginia Warrenton was growing fast, as more people moved farther out from the city (Washington, ...

Continue reading Grandfather Says: The Continuing Chronicles of Elaine, Part 34

February 15, 2024

How to Save Money By Living Like You’re Broke

By Sabado Domingo

There are blogging websites dedicated to showing people how to save money and live frugally. Housing costs usually take up a large chunk of the expenditure for most individuals and families and so it makes sense to check a mortgage calculator to ...

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February 14, 2024

Looking for Sushi Deals? Here Are 12 Ways to Save Money on Your Order

By Anum Yoon

Does your stomach growl at you when you drive by your favorite sushi place? Chances are your wallet growls right back once you splurge on that indulgence. The good news is you can find great sushi deals by following a few simple tips. So ... How ...

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February 13, 2024

My Teenage Son, His Cell Phone, and the Bill for $1,055.20

By Len Penzo

We held out for as long as we could. We really did. Despite an intense and relentless lobbying effort from my son, the Honeybee and I stayed strong and denied his repeated requests for a cell phone. And, boy, were there a lot of requests. I ...

Continue reading My Teenage Son, His Cell Phone, and the Bill for $1,055.20

February 12, 2024

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