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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

Why You Should Be Careful Before Gambling Online with a Credit Card

By Enero Febrero

Using online services such as shopping and streaming services often requires the use of credit cards. And online gambling - which has become increasingly popular in recent years - is no different. Of course, time and time again we are warned about ...

Continue reading Why You Should Be Careful Before Gambling Online with a Credit Card

June 10, 2022

Buying a New Car? Here Are 4 Ways to Stay in Control of Your Cash

By Sabado Domingo

If you're wondering whether or not you should buy a new car, one of the biggest concerns on your mind will likely be money. This is because, as the old saying goes, "money makes the world go round." It really does! In this day and age, it's ...

Continue reading Buying a New Car? Here Are 4 Ways to Stay in Control of Your Cash

June 9, 2022

100 Words On: The Smartest Way to Eliminate Your Credit Card Debt

By Len Penzo

I don't care what you've heard about Dave Ramsey's debt snowball, the credit card debt-elimination method that calls for paying off cards with the lowest balances first -- regardless of their interest rate. It's wrong. Ramsey claims the debt ...

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June 9, 2022

7 Money Saving Tips for Owners of Mini Coopers (and Other Cars Too)

By Tex Freitag

Of all the vehicles that have been manufactured over the years, there is an elite group that is regarded as iconic and those are instantly recognizable by their nameplates: Mustang, Cobra, Beetle, and Corvette likely come to mind. However, a brand ...

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June 8, 2022

8 Ways to Make Money on Your Morning Commute

By Mikey Rox

If you want to get ahead in life, you have to work for it -- even on the way to your job. That's right; one way to stack additional cash is to find an alternative income source -- and a great way to do that is by earning additional money during your ...

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June 7, 2022

A Primer on the Gold Standard and Gold Revaluation

By Len Penzo

Today I want to share a primer with you on the gold standard, as well as a fun hypothetical example of how a potential gold revaluation would work. With nearly $200 trillion in funded and unfunded liabilities on its books, the US government has ...

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June 6, 2022

Black Coffee: On the Horns of a Dilemma

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: On the Horns of a Dilemma

June 4, 2022

The 5 Top Money Transfer Apps

By Sabado Domingo

Sending money overseas costs a small fortune - or does it? Money transfers can be reliable and cheap for anyone who knows where to look. Here are five of the best money transfer apps to get your money from point A to point B instantly and ...

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June 3, 2022

Investment Options for Excellent Returns

By Enero Febrero

Investing is an important part of planning for the future, especially when considering retirement. Saving for your retirement and financial stability is one of the most important things you can do while you're young. Many financial advisors will ...

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June 3, 2022

Grandfather Says: The Pogo Stick Snowshoe

By RD Blakeslee

Some time ago, Grandmother's brother in Minnesota, Ron, said the snow was so deep that winter that he thought he might need a pogo stick to get around. So, Grandfather decided to properly equip him and bought an old snowshoe, on top of which he ...

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June 2, 2022

4 Things Everyone Should Do After Buying a New Home

By Sabado Domingo

Buying a new home is one of the most exciting and expensive things you are likely to do within your lifetime. Spending time researching the area you want to move to, finding the dream property, and then actually getting an offer accepted feels like ...

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June 1, 2022

How Do Payday Loans Work?

By Enero Febrero

If you found yourself short on cash, you could try applying for a payday loan - but keep in mind that it's going to cost you. A payday loan grants you access to cash to bridge the gap until your payday. But payday loans are not to be taken lightly ...

Continue reading How Do Payday Loans Work?

June 1, 2022

It’s Hard to Be a Good Investor If You Aren’t Having Fun

By Enero Febrero

Investing is something everyone should do if they want some financial security in their future, but more than half of Americans never invest at all. As a result, when they finally get to retirement age, they end up dependent on government social ...

Continue reading It’s Hard to Be a Good Investor If You Aren’t Having Fun

June 1, 2022

How to Keep Costs Low When Opening a New Restaurant

By Sabado Domingo

The coronavirus pandemic has shown that a profitable solid business can go bankrupt overnight. Take bars and restaurants, for example; most of them were shut for more than a year all over the world - or they were allowed to open after a temporary ...

Continue reading How to Keep Costs Low When Opening a New Restaurant

May 31, 2022

How to Ensure You’re Getting the Most from Your Wallet

By Len Penzo

Think about how much stuff you have in your wallet at the moment: maybe a little cash, and probably a few debit cards or credit cards. Now, are you satisfied with how much your wallet is earning for you? It's never a bad time to take a look inside ...

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May 30, 2022

Black Coffee: The Wise and the Wicked

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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May 28, 2022

How to Create a Long-Term Plan for Your Ultimate Financial Goals

By Sabado Domingo

For many, the idea of setting financial goals is a new concept. At most, it might be something that they do occasionally. They might think: I need to pay off this credit card. Or perhaps:I want to save up for a down payment. However, in order to ...

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May 27, 2022

A Memorial Day Tribute from Aunt Doris: Shaken — Not Stirred

By Aunt Doris

Living in the heart of London during World War II and the Blitz, I came so near to "kicking the bucket" (or as we say, "falling off me perch") more times than I can count. When the war started, I was an 18-year-old civil servant working at a ...

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May 26, 2022

Money-Saving Strategies for Leasing a Property

By Enero Febrero

Most businesses benefit from leasing property, rather than owning it. But for some it's not entirely obvious why leasing is the better option. The truth is, there are four big reasons why leasing can often be more beneficial than owning: It's cost ...

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May 25, 2022

9 Indispensable Financial Tips for Teens & Twentysomethings

By Len Penzo

I hate to admit this, kids, but I used to think my parents were really dumb. A few peas short of a casserole. All foam, no beer. Dumber than a box of hair. I get it; most teenagers and young adults already know everything about anything. But as ...

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May 23, 2022

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