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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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The Benefits of Taking a Reverse Mortgage Now vs. Later

By Tex Freitag

There isn't a right or wrong time to get a reverse mortgage but, depending on your personal retirement goals, the earlier you choose to get a reverse mortgage, the greater the potential gain may be down the road. Reverse mortgages allow homeowners ...

Continue reading The Benefits of Taking a Reverse Mortgage Now vs. Later

November 24, 2021

10 Things That Today’s Middle Class Can No Longer Afford

By Len Penzo

I was fortunate enough to grow up in a solidly middle-class family. We weren't rich by any means; there were many times when we were forced to really pinch pennies -- but for the most part I never wanted for anything. According to the US Census ...

Continue reading 10 Things That Today’s Middle Class Can No Longer Afford

November 22, 2021

Black Coffee: The ‘Central Bank Turkeys’ Edition

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 terrific week. ...

Continue reading Black Coffee: The ‘Central Bank Turkeys’ Edition

November 20, 2021

The Top 6 Businesses You Can Start with Low Investment Capital

By Sabado Domingo

financial statements explained

Whenever we hear about the idea of starting a small business, the thought that usually comes to our mind is to invest a sufficient or high amount of money for kickstarting any lucrative venture one could imagine. However, high investment capital is ...

Continue reading The Top 6 Businesses You Can Start with Low Investment Capital

November 20, 2021

Thinking of Getting a New Car? Keep These Things in Mind

By Corazon Gritar

Getting a new car is an exciting part of life for many people because of the convenience it offers. So it's important to know how to go about it in order make sure you get the most for your money while still sticking to a budget. With that in mind, ...

Continue reading Thinking of Getting a New Car? Keep These Things in Mind

November 19, 2021

Trucking 101: 9 Tips to Reduce Detention Time

By Tex Freitag

If you're a trucker, one of the most frustrating things that can happen while you're on the road is getting your truck detained while you're loading. It can be even more frustrating when you feel like there's nothing you can do to stop the ...

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November 19, 2021

100 Words On: Why the US Postal Service Should Take Saturdays Off

By Len Penzo

Until 1912, the United States Postal Service delivered mail on Sundays -- and prior to 1950, the mailman came twice a day. Now, with the USPS expected to suffer a $160 billion deficit over the next decade, maybe Saturday delivery is on the verge of ...

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November 18, 2021

3 Credit Score Myths that Can Keep You from Growing Financially

By Tex Freitag

You learn how critical credit scores are to your quality of life from the moment you enter adulthood. Whether you apply for student loans, credit cards, auto loans, rent, mortgage, and in some cases, a job, your scores play a significant role, as ...

Continue reading 3 Credit Score Myths that Can Keep You from Growing Financially

November 17, 2021

6 Mistakes to Avoid When Looking for Black Friday Deals

By Sabado Domingo

Making online purchases during Black Friday is a great idea, especially if you don't have a car or hate fighting crowds -- but if you're not careful, there are shopping mistakes you can make that are just as bad. In fact, there are plenty of online ...

Continue reading 6 Mistakes to Avoid When Looking for Black Friday Deals

November 17, 2021

15 Things That Are Better to Rent Than Buy

By Mikey Rox

Want to enjoy life's finer things without the big investment? Then instead of spending cash to own them outright, consider renting -- especially if you'll only use them infrequently. Renting can often fill a temporary void without creating a new ...

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November 16, 2021

How to Find the Perfect Insurance Policy for Your Home

By Enero Febrero

Imagine the worst-case scenario. You return from work one crazy day to discover that your home burned to the ground, and nothing was spared. And while your house may not burn to the ground, many other factors can make a house unlivable, or severely ...

Continue reading How to Find the Perfect Insurance Policy for Your Home

November 15, 2021

The 4 Biggest Ways to Stretch Your Income

By Len Penzo

The other day I was talking to an acquaintance who shall remain nameless. Anyway, he was lamenting that he couldn't find enough discretionary income for an annual family vacation. I found that fascinating considering Eddie (oops!) drives a brand new ...

Continue reading The 4 Biggest Ways to Stretch Your Income

November 15, 2021

Black Coffee: Smooth Criminals

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: Smooth Criminals

November 13, 2021

How to Save Money at Home

By Corazon Gritar

These days, any big or small way that homeowners can save a few dollars is a good thing. As a homeowner, there are many ways you can save money at home, with two of the easiest being smart budgeting and smart home improvements. Make a Budget and ...

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November 12, 2021

Grandfather Says: A Lesson on the Benefits of Working Smartly

By RD Blakeslee

Grandfather says he has some experience working hard and working smart. In 1949, he worked for the Ford Motor Company on the 8N farm tractor assembly line. The 8N had a transmission cover that a hoist operator lowered onto the transmission as the ...

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November 11, 2021

The Big Problem with Cryptocurrencies

By Len Penzo

As the dollar price of bitcoin continues its seemingly inevitable ascent to $100,000, more and more people are jumping on the cryptocurrency train. After all, who can blame them? Yes; there are problems with cryptocurrencies. Despite this, many ...

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November 8, 2021

Black Coffee: Onward and Upward

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 a busy weekend to attend to, ...

Continue reading Black Coffee: Onward and Upward

November 6, 2021

Is Liquidating My Company a Good Idea?

By Enero Febrero

Times have been rocky, and it takes a lot for a business, regardless of its scale, to succeed. Traditional retail storefronts are doing terribly given the rise of online consumerism, and there are many factors working against most companies given the ...

Continue reading Is Liquidating My Company a Good Idea?

November 5, 2021

3 Productivity Hacks That Everybody Needs to Know

By Sabado Domingo

With the hustle culture of the 21st century being more prominent than ever, more and more people are feeling the pressure to take on larger workloads. We're told that if we want to achieve success, we need to put in a lot of hard work and ...

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November 4, 2021

100 Words On: A Guaranteed Way to Preserve Your Wealth

By Len Penzo

Fiat-based paper currencies facilitate commerce by acting as a medium of exchange that's far preferable to bartering. Unfortunately, governments that wish to spend beyond their means can -- and do -- print fiat with impunity, thereby leading to ...

Continue reading 100 Words On: A Guaranteed Way to Preserve Your Wealth

November 4, 2021

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