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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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 ...

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

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

Grandfather Says: Testing an Experimental Battery Fire Container

By RD Blakeslee

Grandmother suffered vascular dementia in her last years and needed constant attendance. During those years, Grandfather (who was an inveterate model airplane flier earlier in life) undertook to treat some of the problems modelers were facing with ...

Continue reading Grandfather Says: Testing an Experimental Battery Fire Container

June 16, 2022

3 Easy Ways to Save Money on Organic Foods

By Tina Roth

More and more people are opting for organic food. It's not that they're fitness freaks; however, everyone wants to stay healthy, especially now that medical expenses are shooting through the roof. Eating natural food is a healthy habit that will ...

Continue reading 3 Easy Ways to Save Money on Organic Foods

June 15, 2022

How to Deal with Retaliation in the Workplace

By Sabado Domingo

It's a sad fact that retaliation in the workplace is becoming increasingly common. In fact, the retaliation cases brought to the Equal Employment Opportunity Commission make up around 45% of all complaints. Retaliation is an insidious form of ...

Continue reading How to Deal with Retaliation in the Workplace

June 14, 2022

The Five Most Valuable NFTs

By Tex Freitag

NFTs, or Non-Fungible Tokens, are becoming increasingly popular as investors and collectors seek to participate in the latest blockchain craze - and some of the sums paid for them are absurd. Throughout 2022, NFTs will continue to increase in ...

Continue reading The Five Most Valuable NFTs

June 13, 2022

5 Ways to Increase Your Chances of Qualifying for a Personal Loan

By Sabado Domingo

Whether you're consolidating debt, making a large purchase, or dealing with an unexpected expense, a personal loan can be an excellent option. When you take out a personal loan, you borrow a fixed amount of money that you agree to pay back over a ...

Continue reading 5 Ways to Increase Your Chances of Qualifying for a Personal Loan

June 13, 2022

10 Big Reasons Why I Love (and Hate) Credit Cards

By Len Penzo

The other day I overheard a couple of nice ladies going on and on about why they loved, loved, LOVED their credit cards. And let me tell you, they really loved them. At first, I didn't understand what all the fuss was about. Like most people, I ...

Continue reading 10 Big Reasons Why I Love (and Hate) Credit Cards

June 13, 2022

Black Coffee: A Distinction Without a Difference

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: A Distinction Without a Difference

June 11, 2022

How to Avoid Car Ownership Financial Pitfalls

By Jeanne Davis

Car ownership is one of the many adult milestones that plenty of people look forward to. It represents freedom and independence, a chance to see the world through an entirely new lens. Unfortunately, car ownership isn't exactly the cheapest ...

Continue reading How to Avoid Car Ownership Financial Pitfalls

June 10, 2022

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