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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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Black Coffee: The Love & Money 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 everybody had an enjoyable week. ...

Continue reading Black Coffee: The Love & Money Edition

February 10, 2024

Why You Should Never Cosign A Loan for Anyone

By Len Penzo

Cosigning for a loan is one of the dumbest financial moves you could ever make. By cosigning, you not only assume liability for the borrowed money, but you also make it tougher on yourself to qualify for large loans -- regardless of your payment ...

Continue reading Why You Should Never Cosign A Loan for Anyone

February 8, 2024

Beware: A Credit Card for Excellent Credit That Doesn’t Fit the Bill

By Odysseas Papadimitriou

You might think that credit cards for people with excellent credit are universally the best products available, and that the quality of a credit card naturally rises in accordance with the credit level required to get it. And you might believe that ...

Continue reading Beware: A Credit Card for Excellent Credit That Doesn’t Fit the Bill

February 7, 2024

How To Improve Your Workplace Efficiency

By Corazon Gritar

The new year is fully underway, and with the start of a new fiscal year often comes changes to the workplace. These goals often include how to improve workplace efficiency and productivity, but they aren't always the most successful, depending on ...

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February 6, 2024

What’s the Difference Between Currency vs. Money?

By Len Penzo

Most people use the terms "currency" and "money" interchangeably. However, there is a very subtle -- but significant -- difference between them. If you're one of the few folks out there who understand the difference between currency and real ...

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February 5, 2024

Black Coffee: Labor Pains

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 ...

Continue reading Black Coffee: Labor Pains

February 3, 2024

Grandfather Says: The Continuing Chronicles of Elaine, Part 33

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: I have a folder of prints of famous paintings in the Washington National Gallery of Art, which I collected as 35-cent ...

Continue reading Grandfather Says: The Continuing Chronicles of Elaine, Part 33

February 1, 2024

5 Indispensable Tips for Using Your Credit Responsibly

By Sabado Domingo

Your creditworthiness is a representation of how well you manage your finances. It's essentially the first impression for everything from buying a home to getting decent rates on your car insurance. So using your credit responsibly is an absolute ...

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January 31, 2024

How to Eliminate Credit Report Errors That Often Get Overlooked

By Mikey Rox

Financial institutions rely on one major factor when deciding whether or not to give you a loan: your credit report. Credit reports contain a lot of information, including your name, address, place of employment, credit lines, balances, payment ...

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January 30, 2024

16 Reasons Why Whirlpool Tubs Are For Suckers

By Len Penzo

Once again, I thought I'd pass on a little advice and save a serious case of buyer's remorse for the six people left in America who are still looking to buy a home. No, no. I'm not going to tell you why corner lots are for suckers again. This ...

Continue reading 16 Reasons Why Whirlpool Tubs Are For Suckers

January 29, 2024

Black Coffee: Where There’s Smoke …

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. ...

Continue reading Black Coffee: Where There’s Smoke …

January 27, 2024

Why Grandma Was Smarter Than You About Money

By Len Penzo

Yes; Grandma was smarter than you about money. Is that a crazy thought? Well ... Grandma may not pay bills with a smartphone or trade stocks on her computer -- but the fact is she can teach a few lessons about saving money that you can take to the ...

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January 25, 2024

QuickBooks or Xero: Which Online Accounting Software Is Better?

By Enero Febrero

Does your small business need accounting software to keep track of its finances, but you don't like dealing with all of the usual technology mumbo-jumbo? Then try focusing on what are arguably the two most important factors: price and number of ...

Continue reading QuickBooks or Xero: Which Online Accounting Software Is Better?

January 24, 2024

A Guide to Retirement Budgeting on a Fixed Income

By Anum Yoon

So you're planning to quit work soon and will be facing retirement on a fixed income? First of all: congratulations! Now, it's time to ensure that your money outlasts your life and that there's some left over for your children. You can do that by ...

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January 23, 2024

Don’t Be Afraid of Treating Your Household Like a Business

By Len Penzo

Anybody can run a household like a business, but to do it effectively you first have to appoint a household CEO in order to get the job done. Of course, the best candidate for running your household is always ... you. For those of you who are ...

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January 22, 2024

Black Coffee: A Shot Across the Bow

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 ...

Continue reading Black Coffee: A Shot Across the Bow

January 20, 2024

Grandfather Says: The Continuing Chronicles of Elaine, Part 32

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: Returning to My Education I graduated, received my BA degree with specialty in music, Mary Washington College, and was ...

Continue reading Grandfather Says: The Continuing Chronicles of Elaine, Part 32

January 18, 2024

6 Top Investing Tips That the Experts Always Follow

By Sabado Domingo

There is a lot of information about investing in the print media and the cyberspace -- and sometimes it can be overwhelming. Yes, your friends and family can advise you, and you may have your thoughts on this subject. However, staying informed goes a ...

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January 17, 2024

Expecting the Unexpected: Managing Finances With a Disability

By Corazon Gritar

When it comes to finances, most people know how to manage their daily expenses fairly well. However, once saving for the future is brought into question, things become a bit trickier. How much should you save? How should you be saving it? One ...

Continue reading Expecting the Unexpected: Managing Finances With a Disability

January 16, 2024

Contrarian Shopping: 20 Things I’m Willing to Pay More For

By Len Penzo

There's a lot to be said for contrarian investing. Famous investors like Warren Buffett and Jim Rogers are routinely lauded for going against the herd and purchasing unwanted stocks at bargain bin prices. Interestingly enough, nobody ever gets ...

Continue reading Contrarian Shopping: 20 Things I’m Willing to Pay More For

January 15, 2024

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