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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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 ... ...

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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 ...

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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

9 Ways to Save Money When Buying a Car

By Sabado Domingo

If you desperately need transportation but are low on cash, there are many ways to save money when buying a car. And some in particular that you may not have considered. In fact, saving money on your next car purchase is easier than you probably ...

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November 29, 2023

Exploring the Benefits and Process of Opening a Foreign Bank Account

By Enero Febrero

In an increasingly interconnected world, having a foreign bank account has become a strategic asset for individuals and businesses alike. Whether for facilitating international transactions, asset protection, or diversification, a foreign bank ...

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November 28, 2023

How to Trim Your Christmas Shopping List

By Anum Yoon

Santa gives Christmas gifts with a "Ho, ho, ho." However, people who don't have a legion of elves to help them often feel like "Ho, ho, NO!" If the expectations of gift-giving have become too much for your budget, consider reducing your Christmas ...

Continue reading How to Trim Your Christmas Shopping List

November 28, 2023

How Joining a Franchise Can Provide Financial Freedom

By Sabado Domingo

Venturing into entrepreneurship often involves navigating a landscape filled with challenges and rewards. For many prospective business owners, the decision to join a franchise is viewed as a tried-and-true route to financial freedom. This article ...

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November 27, 2023

When Is the Right Time to Stop Giving Gifts to Nieces and Nephews?

By Len Penzo

When my daughter, Nina, was still measuring her age in single-digits, I'd tuck her into bed every evening. Then, just before kissing her goodnight, I'd ask her to stop getting older. She didn't listen. The truth is, kids are always in a hurry ...

Continue reading When Is the Right Time to Stop Giving Gifts to Nieces and Nephews?

November 27, 2023

Black Coffee: Suspicious Minds

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: Suspicious Minds

November 25, 2023

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