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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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Grandfather Says: The Continuing Chronicles of Elaine, Part 30

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: In the middle of my "college days," before going to the campus of Mary Washington College, and while fitting in extension ...

Continue reading Grandfather Says: The Continuing Chronicles of Elaine, Part 30

December 21, 2023

Understanding the Math Behind the Mortgage

By Len Penzo

Last month, interest rates reached the psychological 8% barrier for the first time in more than a decade, and there is speculation that they will continue to rise. But do homeowners know the math behind the mortgage? After all, buying a home is a big ...

Continue reading Understanding the Math Behind the Mortgage

December 20, 2023

How to Invest In Yourself

By Mikey Rox

Are you trying to figure how you can invest in yourself? You should be. The good news is there are ways we can invest in ourselves that don't always require cash; sometimes the best ROI happens when we bet on ourselves by continually trying to be ...

Continue reading How to Invest In Yourself

December 19, 2023

5 Ways You Can Plan For Retirement

By Sabado Domingo

Starting the retirement planning process is crucial in ensuring your financial stability. Strategic and thoughtful preparation is crucial, regardless of your employment status or impending retirement. With that in mind, here are five essential ways ...

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December 18, 2023

Condition Yourself to Hate Paying Interest

By Len Penzo

God, do I hate paying interest! To anyone. For anything. I abhor paying interest, and I avoid it like the plague! You should too. I think that most people who currently enjoy a life of financial freedom have this distaste of interest payments ...

Continue reading Condition Yourself to Hate Paying Interest

December 18, 2023

Black Coffee: The Great Unwashed

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: The Great Unwashed

December 16, 2023

6 Reasons to Take Out a Reverse Mortgage

By Sabado Domingo

reasons to get a reverse mortgage

Home equity is a powerful tool for many homeowners, particularly as they approach retirement. It represents a significant portion of their financial resources and can be a key factor in ensuring financial stability. A striking statistic highlights ...

Continue reading 6 Reasons to Take Out a Reverse Mortgage

December 14, 2023

Donating to Charity and the Company Charity Drive

By Erin Baker

The holiday giving season is upon us and many people are thinking about donating to charity. If your company sponsors a specific charity, the decision to give as an employee can be a tricky one. Is this an organization you might give to anyway? Is ...

Continue reading Donating to Charity and the Company Charity Drive

December 14, 2023

How to Reestablish Credit Quickly

By Sabado Domingo

Your credit score is one of the most influential factors when it comes to your ability to achieve approval for a loan or credit card. In addition, your credit score can impact employment and ability to obtain insurance, as well as your living ...

Continue reading How to Reestablish Credit Quickly

December 13, 2023

How to Lower Your Heating Bill This Winter

By Corazon Gritar

Whether your home is heated by electricity or natural gas, a high heating bill can sometimes be a huge shock. Thankfully, there are plenty of low cost or free changes you can make in your home or apartment. Here's how you can save money on heating, ...

Continue reading How to Lower Your Heating Bill This Winter

December 12, 2023

14 Reasons Why Treadmills Are For Suckers

By Len Penzo

For all of you folks out there who are thinking about getting into shape, I thought I'd pass on a little advice and save you a serious case of buyer's remorse. Believe it or not, treadmills are the most popular form of exercise equipment, which is ...

Continue reading 14 Reasons Why Treadmills Are For Suckers

December 11, 2023

Black Coffee: More Smoke, More Mirrors

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: More Smoke, More Mirrors

December 9, 2023

Grandfather Says: The Continuing Chronicles of Elaine, Part 29

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: My College Years, Age 33 to 40 I researched what possibilities there were, living far from any big city, and came up with a ...

Continue reading Grandfather Says: The Continuing Chronicles of Elaine, Part 29

December 7, 2023

How to Save Money: It Starts with the Right Mindset

By Sabado Domingo

Do you find yourself running into financial problems and falling into debt? Do you wish you could save more money but find that you have nothing left of your paycheck to save? Overspending can cause a lot of financial problems including consumer debt ...

Continue reading How to Save Money: It Starts with the Right Mindset

December 6, 2023

In Memoriam: A Tribute to Andy D.

By RD Blakeslee

First, I want to thank Len for graciously publishing this. My first knowledge of “Tennessee Andy D.” came from his comment following the first episode of Grandfather Says, in 2019: “Wife and I are one of the 'millionaire-next-door' type folks ... ...

Continue reading In Memoriam: A Tribute to Andy D.

December 5, 2023

More Clever Low-Cost Homemade Gifts Everyone Will Enjoy

By Anum Yoon

If you missed Part 1 of this series on homemade gifts, click here. One of the best gifts you can give or receive is something that was handmade with love. The special touches, time and effort that go into DIY projects let everyone know they're ...

Continue reading More Clever Low-Cost Homemade Gifts Everyone Will Enjoy

December 5, 2023

10 Old Wives’ Tales Masquerading As Financial Rules of Thumb

By Len Penzo

It's been said that if the palm of your right hand itches, you'll soon be coming into money. On the other hand (seriously, no pun intended), it's also been said that if your left palm itches you'll soon be paying out money. Don't laugh. There are ...

Continue reading 10 Old Wives’ Tales Masquerading As Financial Rules of Thumb

December 4, 2023

Black Coffee: Coins of the Realm

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: Coins of the Realm

December 2, 2023

How to Make the Most of Your Military Benefits

By Tex Freitag

Armed services benefits encompass a wide range of offerings, from education support to healthcare and retirement plans. However, making the most of these military benefits requires strategic planning and awareness. This guide will explore five tips ...

Continue reading How to Make the Most of Your Military Benefits

December 1, 2023

One of the Biggest Money Mistakes a Household CEO Can Make

By Len Penzo

It's been said that failing to plan is planning to fail -- especially with respect to personal finances. And although you may be prepared, one of the biggest money mistakes any household CEO can make is to abandon their financial plan. Especially ...

Continue reading One of the Biggest Money Mistakes a Household CEO Can Make

November 30, 2023

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