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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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Four Big Drawbacks to Store Credit Cards

By Len Penzo

The other day the Honeybee applied for a clothing-store credit card to take advantage of a deal that gave her a one-time savings of 15% off her purchase. I know. To tell you the truth, I'm not really that big of a fan of in-store credit cards, but ...

Continue reading Four Big Drawbacks to Store Credit Cards

October 16, 2023

Black Coffee: Winners and Losers

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: Winners and Losers

October 14, 2023

Grandfather Says: The Continuing Chronicles of Elaine, Part 25

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: 1962 Missile Crisis, and Looking for a Bigger House, Farther from Washington During Kennedy's presidency, relations between ...

Continue reading Grandfather Says: The Continuing Chronicles of Elaine, Part 25

October 12, 2023

How to Be Financially Savvy When Selling Your Home

By Elizabeth Pandolfi

When you're selling your home, there are so many logistics to think about. Repairs. Decluttering. Staging. Increasing curb appeal. Finding the right agent. All of these things will affect not only how fast your home sells, but the price you get for ...

Continue reading How to Be Financially Savvy When Selling Your Home

October 11, 2023

7 Great Careers That Require No Experience to Start

By Anum Yoon

Are you looking for a great career that requires no experience to start? We get it. It can be more than a little discouraging to look at job postings where all you see is "five years of experience needed" or "experienced personnel only." Fear not, ...

Continue reading 7 Great Careers That Require No Experience to Start

October 10, 2023

The 5 Worst Store Brand Grocery Products

By Len Penzo

Yes, buying store brands is a great way to save money on your grocery bill -- but the truth is, sometimes you're better off sticking with the name brand product. Long-time readers who have been following my blog probably know that, since my first ...

Continue reading The 5 Worst Store Brand Grocery Products

October 9, 2023

Black Coffee: Keep the Tip

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: Keep the Tip

October 7, 2023

Budgeting for Essential Health Visits Without Insurance

By Corazon Gritar

Health care is an important part of life but it can also be a very expensive one in a number of cases. This is even more of an issue if you don't have insurance because the bills tend to be too high to comfortably pay for out of pocket. Fortunately, ...

Continue reading Budgeting for Essential Health Visits Without Insurance

October 6, 2023

The Best Way to Make Ends Meet on a Limited Income

By Len Penzo

For those struggling to make ends meet, where one lives becomes more important as household income decreases. For example, when taking into account food, utilities, healthcare, housing, and general goods and services, New York City is more than twice ...

Continue reading The Best Way to Make Ends Meet on a Limited Income

October 5, 2023

How to Know If a Car Lease Is Your Most Cost-Effective Option

By Emily Hanson

If you're looking for a new car, you've probably been weighing up all of your options, whether it's buying outright, a finance deal, or leasing. Unlike the first two options, with leasing, you won't ever own the car. But is that such a bad thing? ...

Continue reading How to Know If a Car Lease Is Your Most Cost-Effective Option

October 4, 2023

How To Keep Your Workplace Safe For Employees

By Corazon Gritar

No matter what industry you work in, your employees form the backbone of your company; their health and safety is crucial to your company's profits and public image. However, outside of following industry regulations, many business owners don't know ...

Continue reading How To Keep Your Workplace Safe For Employees

October 3, 2023

How 6 Tiny Money Leaks Cost Me $2802 Annually

By Len Penzo

I hate it when I see people waste food. I'm not sure why, but I've always been that way. Another pet peeve of mine is carelessly wasting money on things that can be easily prevented. And while I am very diligent about not wasting food, I still have a ...

Continue reading How 6 Tiny Money Leaks Cost Me $2802 Annually

October 2, 2023

Black Coffee: The Good Ol’ Days

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. Another busy week is crossed off the ...

Continue reading Black Coffee: The Good Ol’ Days

September 30, 2023

Grandfather Says: The Continuing Chronicles of Elaine, Part 24

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: Illegal Turns on the Pennsylvania Turnpike We visited our parents in Detroit as often as we could, although it was hard ...

Continue reading Grandfather Says: The Continuing Chronicles of Elaine, Part 24

September 28, 2023

An Overview of the Most Common Student Loan Options

By Enero Febrero

Do you need a student loan? Do you know what kind of student loan you want? Student loans are a confusing subject. And these days, most college students are relying on student loans to help meet the rapidly rise of cost of attendance at colleges ...

Continue reading An Overview of the Most Common Student Loan Options

September 27, 2023

6 Ways to Fix Your Finances: Smart Tips for Resuscitating Your Bank Account

By Mikey Rox

Stressed out by your financial situation? Aren't we all. Awhile back we presented six strategic financial moves you could make to regain control of your money situation -- and here are six more ways to fix your finances that are just as ...

Continue reading 6 Ways to Fix Your Finances: Smart Tips for Resuscitating Your Bank Account

September 26, 2023

My 13-Year-Old Daughter Shares Her Financial Fears

By Lenina Penzo

I'm only 13 and I'm worrying about my future. Not in an academic kind of way, but in a financial one. Yes, kids have financial fears too! That's because there are certain things that terrify me about growing up and living on my own. Here is a list of ...

Continue reading My 13-Year-Old Daughter Shares Her Financial Fears

September 25, 2023

Black Coffee: It Ain’t What It Used to Be

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: It Ain’t What It Used to Be

September 23, 2023

How Thinking Outside the Box Can Save You a Fortune

By Len Penzo

A fellow walked into a New York City bank asking for a $4000 loan. "Okay," the teller said, "But we're going to need collateral." The man responded: "My black Porsche is in your parking lot. Here are the keys." Several weeks later, the man returned ...

Continue reading How Thinking Outside the Box Can Save You a Fortune

September 21, 2023

The Pros and Cons of Higher Interest Rates

By Rebecca Kennedy

There's been quite a bit of chatter, from news sources to social media, about the potential for further hikes in interest rates. And although interest rates still remain at historically moderate levels, rumors of further moves by the Fed abound. The ...

Continue reading The Pros and Cons of Higher Interest Rates

September 20, 2023

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