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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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Don’t Feel Guilty: Getting a Tax Refund Is OK

By Len Penzo

Getting a tax refund is OK, right? Well ... from a financial perspective, there's no doubt that it's better to maximize the withholding exemptions on your W-4 form. Why? Because the resulting additional take-home pay can be invested or placed in an ...

Continue reading Don’t Feel Guilty: Getting a Tax Refund Is OK

March 21, 2024

4 Coupon Survey Results that May Change Your Thoughts About Them

By Enero Febrero

Despite the widespread use of coupons today, they came from very humble beginnings. In 1887, Coca-Cola offered a free glass of coke as part of a paper-based promotion; that paper scrip was the first known coupon! That led to the creation of the ...

Continue reading 4 Coupon Survey Results that May Change Your Thoughts About Them

March 20, 2024

6 Ways to Save Money on a Basement Remodel

By Corazon Gritar

Basements have a knack for being that eerie place in the house where old toys and outdated hand-me-downs live. However, basements have the potential to become anything you want them to be. A spare bedroom, a laundry room, or perhaps even a wine ...

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March 19, 2024

Gas or Charcoal Grill: Which Is More Cost Effective?

By Len Penzo

With warmer weather finally here and the recent demise of my old grill, I once again find myself considering one of the great debates of all time: Is a gas or charcoal grill better? When it comes to the question of grilling with propane or ...

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March 18, 2024

Black Coffee: Double Indemnity

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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March 16, 2024

Embracing Mindful Spending

By Len Penzo

how to break a shopping addiction

In the age of consumerism, where advertisements bombard us from every angle and the allure of instant gratification is ever-present, the concept of mindful spending emerges as a beacon of clarity amid the chaos. Beyond mere budgeting techniques, ...

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March 15, 2024

Grandfather Says: The Continuing Chronicles of Elaine, Part 36

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: Building the New House We all pitched in to do whatever we each could do to help every day. One job I worked on was ...

Continue reading Grandfather Says: The Continuing Chronicles of Elaine, Part 36

March 14, 2024

Why It’s Important to Do Your Homework Before Buying Rental Property

By Enero Febrero

For many people, getting a rental property can be a great investment. The question you have to ask before buying rental property is: Are rental properties a smart investment for you? In order to answer that question, you'll need to figure out the ...

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March 13, 2024

Did You Make the Right Career Choice? Here’s How to Know

By Mikey Rox

So many of us go to work, do what we're paid to do, punch out, and go home. But are we truly happy? Studies suggest most people aren't -- even though they pretend to be. On the other hand, if you exhibit a majority of the following traits while ...

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March 12, 2024

9 Crazy Tax Deductions That the IRS Actually Accepted

By Len Penzo

Uncle Sam has bills to pay, which is why, with Tax Day just around the corner, millions of Americans are carefully sifting through their accounts in order to see what they can deduct as a legitimate expense at the last minute. Of course, most ...

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March 11, 2024

Black Coffee: The Miracle Worker

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. ...

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March 9, 2024

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 ...

Continue reading Is There a Perfect Portfolio Allocation?

February 26, 2024

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