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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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What to Look for When Purchasing a Medical Alert System

By Tex Freitag

As our loved ones get older it's only natural to worry about their safety. This is particularly true if your loved one wants to stay in their own home as they get older. You're bound to feel worried about them being on their own and without help ...

Continue reading What to Look for When Purchasing a Medical Alert System

July 4, 2022

What Everyone Should Know Before Depositing Their Money In a Bank

By Len Penzo

In case you're wondering, only 10% of all humans have an "outie" belly button. At least that's what Wikipedia claims. For what it's worth, like most folks, I have an "innie." By the way, belly buttons don't have a monopoly on innies and outies; ...

Continue reading What Everyone Should Know Before Depositing Their Money In a Bank

July 4, 2022

Black Coffee: Born on the 4th of July

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: Born on the 4th of July

July 2, 2022

How To Start Investing In Cryptocurrencies

By Sabado Domingo

what is crypto airdrop

According to the most recent data, there are 18,000 different cryptocurrencies, with a total market value of $2.1 trillion. This growing popularity has led to a surge in interest from investors looking to get into the market for the first ...

Continue reading How To Start Investing In Cryptocurrencies

July 1, 2022

Grandfather Says: The Travails of Working with Stone

By RD Blakeslee

Stone. Grandfather says he thinks it's one of the substances that's been intertwined with everything mankind has done from time immemorial. There was the interaction of the Alps, elephants and Hannibal in 218 BC. Somewhat later, there was ...

Continue reading Grandfather Says: The Travails of Working with Stone

June 30, 2022

5 Expert Tips for Saving Money with a Credit Card

By Enero Febrero

For many people, a credit card offers a flexible way to access funds when they're needed. However, credit cards can do much more than this when they're used properly -- and can in fact end up saving you money in the long run. Selecting the right ...

Continue reading 5 Expert Tips for Saving Money with a Credit Card

June 29, 2022

How to Implement Strategic Planning Processes

By Sabado Domingo

Whether concerning personal finance, education, or the minutiae of day to day life, there are certain basic principles that, when applied, can be used to better ensure success and mitigate the impact of unforeseen events as we set goals and strive to ...

Continue reading How to Implement Strategic Planning Processes

June 28, 2022

Is It Better to Borrow From Your 401k or Take an Early Withdrawal?

By Anum Yoon

In the case of a financial emergency, you might have to dip into your 401k plan to find the money you need. This is never an ideal scenario, as taking money out of such accounts can severely set back progress you've made in saving for ...

Continue reading Is It Better to Borrow From Your 401k or Take an Early Withdrawal?

June 28, 2022

When It Doesn’t Pay to Buy Big-Ticket Items on Sale

By Len Penzo

Not too long ago a twentysomething friend of mine was telling me all about the brand new big-screen high-definition television he bought. According to him, it was a great deal. "How much was it?" I asked. "I paid $2000 after I got the guy to ...

Continue reading When It Doesn’t Pay to Buy Big-Ticket Items on Sale

June 27, 2022

Black Coffee: Digital Castles in the Air

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: Digital Castles in the Air

June 25, 2022

How to Improve Your Sports Betting Success

By Tex Freitag

Attitudes towards sports betting have changed beyond all recognition in the past few years. As recently as a generation ago, the majority of sports punters were deadly serious about their gambling and about betting to win. Whether it was football, ...

Continue reading How to Improve Your Sports Betting Success

June 24, 2022

Toyota Has Started Accepting Bitcoin for Payment

By Sabado Domingo

As bitcoin becomes more popular, some businesses are beginning to accept cryptocurrency as payment. One such business is Toyota, which recently announced that they would start accepting bitcoin for certain car purchases. Their decision to accept ...

Continue reading Toyota Has Started Accepting Bitcoin for Payment

June 24, 2022

100 Words On: Why You Need Emergency Savings AND a Rainy Day Fund

By Len Penzo

People often use the terms "rainy day fund" and "emergency savings" interchangeably when they are really two completely different forms of personal finance insurance. A rainy day fund is meant to help you weather short-term, relatively low-impact ...

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June 23, 2022

Why You Should Consider a 203k Mortgage When Buying a Fixer-Upper

By Sabado Domingo

Purchasing a home that requires repairs and renovations can seem impractical. Generally, lenders don't allow homeowners to purchase the property until after repairs are completed; however, an FHA 203k loan allows property owners to roll home ...

Continue reading Why You Should Consider a 203k Mortgage When Buying a Fixer-Upper

June 22, 2022

6 Ways to Avoid Becoming a Pickpocket Victim

By Mikey Rox

Imagine you're on vacation -- in a foreign country, no less -- and you've been the victim of a pickpocket. Cash, credit cards, passport -- all gone. What do you do? It's a nightmare scenario nobody wants to go through. Thankfully, you can lessen the ...

Continue reading 6 Ways to Avoid Becoming a Pickpocket Victim

June 21, 2022

What Beginners Should Think of Before Starting Forex Trading

By Tex Freitag

With more than $6 billion in daily turnover, the forex market is one of the most profitable financial markets. So it's no surprise that people are joining the market daily as traders. And although forex trading can be very profitable, investors ...

Continue reading What Beginners Should Think of Before Starting Forex Trading

June 20, 2022

The Embarrassing Anatomy of a Phishing Scam

By Len Penzo

You've got to hand it to scam artists. They often succeed in spite of themselves. If I had a nickel for every time I retrieved a message from my inbox warning me that my PayPal account has been limited, or that my credit card has been suspended, ...

Continue reading The Embarrassing Anatomy of a Phishing Scam

June 20, 2022

Black Coffee: Too Little Too Late

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: Too Little Too Late

June 18, 2022

Dealing With a Deceased Person’s Money and Property

By Sabado Domingo

Not too many people know what to do with a person's estate when they die. What can make matters even worse is that filing paperwork, taking an inventory, and locating legal documents are going to be the last things you want to think about at such an ...

Continue reading Dealing With a Deceased Person’s Money and Property

June 16, 2022

Can You Afford a Home?

By Enero Febrero

Purchasing a home is one of the bigger moments in many people's lives, whether or not they have purchased on in the past. But with rising home prices and interest rates, it can seem less and less affordable to acquire your own home. There are a few ...

Continue reading Can You Afford a Home?

June 16, 2022

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