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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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The Secret to Long Life

By Aunt Doris

This is another post in an occasional series from my dear Aunt Doris, who passed away in 2015 at the age of 94. Being 91-years-old, people often ask me: "What's your secret for getting there?" My son says it's fish, tea and vinegar. Maybe; ...

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March 30, 2022

Why Should Beginners Use the Best Forex EA?

By Tex Freitag

Traders associated with forex have to do and think a lot before the actual trading process starts. This volatile and challenging financial market requires traders to have a certain amount of expertise and knowledge to turn the odds in their favor - ...

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March 29, 2022

The 16 Best Closing Lines for Business Emails

By Enero Febrero

Sure, first impressions are impactful on people. They can be catchy, charming, and luring. But as time goes on, people tend to move away from them to something more real. And this type of real only comes through recurrent experiences - from recurrent ...

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March 29, 2022

Budgeting Over 65: How Seniors Can Afford to Age in Place

By Corazon Gritar

Although aging is an undeniable part of life, most of us don't want to think about how our bodies and minds will change in the future. But even if we're in excellent health now, that could all change a few years down the line. Statistics show that ...

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March 29, 2022

5 Areas to Cut Your Spending in 2022

By Enero Febrero

Saving money is a goal shared by many and a good resolution to make - no matter what time of the year it is. However, it isn't uncommon for vows to waste less money go awry after only a month or two of making them. The good news is it's never too ...

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March 28, 2022

Take Control of Your Personal Finances with These Budgeting Tips

By Tex Freitag

Many of us don't take our money seriously when we first start earning, which sometimes results in acquiring debt or a sub-par living standard. However, it is never too late to begin managing your money in a way that proves to be beneficial for you in ...

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March 28, 2022

4 Tips to Help You Choose the Right Undergraduate Degree

By Sabado Domingo

With tuition fees constantly on the rise, there's a lot of pressure on students. If you are willing to spend a lot of time, energy, and money on your degree, you need to make sure you're making the best possible choice when selecting your courses. ...

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March 28, 2022

The Great Paper Towel Test: What Brand Is Your Best Value?

By Len Penzo

The paper towel is one of the greatest inventions ever and, frankly, I think too many of us take them for granted. Think about it: They're not only invaluable for cleaning up spills and other messes, but the best ones can also handle tough jobs ...

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March 28, 2022

Black Coffee: Subterfuge and Sabotage

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. ...

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March 26, 2022

Determining Fair Market Value: What Is That Business Worth?

By Vincenzo Camporeale

Whether you're planning to buy or sell a business, the starting point is to determine the fair market value (FMV). FMV is always a range, never a specific number. Obstacles to a buyer and seller agreeing on value are numerous; owners generally ...

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March 25, 2022

3 Subscriptions That You Need to Cancel Today

By Corazon Gritar

In the spirit of tax season, people all over America are taking a good, long look at their budgets and spending habits this past year. If you consider yourself frugal in money matters, it can be the worst feeling ever to realize you have been paying ...

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March 24, 2022

100 Words On: The Importance of Always Paying Yourself First

By Len Penzo

When it comes to saving money, the biggest hurdle for most folks is the lack of available cash after paying all of the bills every month. Fortunately, this seemingly impossible problem is easily fixed by paying yourself first -- not your creditors. ...

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March 24, 2022

US Credit Card Debt Surpasses $1 Trillion

By Corazon Gritar

Watch out, America. It's time to start thinking before you swipe your credit card. According to a study from WalletHub, the total credit card debt of US consumers now exceeds $1 trillion. In fact, last year American consumers took out more than ...

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March 23, 2022

San Francisco Guide: Things to Do When You Are Bored

By Tex Freitag

San Francisco - also known as San Fran, Frisco, and The City - is a cultural, financial, and commercial center in California. It ranked second in the US on the Global Financial Centers Index in 2021; it's also a popular destination for people seeking ...

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March 22, 2022

How a Broken Washing Machine Fixed My Finances

By Steven Quinlan

Readers: I received a message from a reader in the United Kingdom, which I found to be very inspiring. He graciously accepted my request to share his story with you. -- Len Last November my washing machine died. Because I make decent money - the ...

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March 22, 2022

How To Turn Your Side Hustle into A Full-Time Business

By Sabado Domingo

Not everybody is suited to having a 9-to-5 job - many people dream about quitting their day jobs to pursue their passions. In fact, only a few dare to follow their hearts and even then, we tend to pursue our interests as a side hustle while keeping ...

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March 21, 2022

How to Avoid Being Audited by the IRS

By Len Penzo

A hospital groundskeeper came across two medical doctors in white coats searching through one of the clinic's flower beds. "Excuse me, gentlemen," said the gardener. "Have you lost something?" "Not at all," replied one of the doctors. "In a few ...

Continue reading How to Avoid Being Audited by the IRS

March 21, 2022

Black Coffee: A Matter of Trust

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: A Matter of Trust

March 19, 2022

4 Business Tips on Opening a Company in the Digital Age

By Sabado Domingo

Opening a company has always been a challenging task to tackle, but digital technology took everything to an entirely new level. Having a great vision and promising business model just won't cut it anymore. With the fast-paced changes happening ...

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March 17, 2022

100 Words On: Why Luck Is So Overrated

By Len Penzo

We tend to give "luck" far too much credit for people's good fortune. Likewise, we often blame our own personal misfortunes on bad luck. While it's true that luck is often due to pure chance, more often than not it's the result of something we ...

Continue reading 100 Words On: Why Luck Is So Overrated

March 17, 2022

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