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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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The Importance of Long-Term Savings & Strategic Financial Road Maps

By Len Penzo

This past weekend a good friend of mine told me that, after faithfully keeping a strict budget for more than a decade, he finally stopped -- and now he was feeling guilty about it. I know what he means. Although I've written before about the ...

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July 19, 2021

Black Coffee: The Printer and the Piper

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. ...

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July 17, 2021

How Credit Reporting Agencies Calculate Your Credit Score

By Len Penzo

In order to talk about what is considered when calculating your credit score you need to first understand what shows up in your credit report. Your credit report is a history of how you have used or abused your credit. This report is created by one ...

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July 15, 2021

An Insider’s View of the Millionaire Mind

By Kevin Mercadante

How do millionaires think? I spent years working in small business accounting so I've had a chance to know a number of self-made millionaires. As a result, I also got an insider's view of their financial positions and behavior -- both business and ...

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July 14, 2021

Money-Savvy Budgeting Tips To Manage Your Disability Insurance Payout

By Sabado Domingo

Because no one can predict an injury or illness that leads to a disability, disability cover is a crucial type of insurance policy that everyone should have. And if you have found yourself in the unfortunate position you need to claim your policy, ...

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July 13, 2021

3 Things You Shouldn’t Buy with a Credit Card (and 1 You Always Should)

By Tex Freitag

Credit cards shouldn't scare you; when used correctly, they're actually the most rewarding form of currency available today. Seriously, when's the last time you were rewarded with airline miles for using cash? And while it's highly recommended that ...

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July 13, 2021

What to Invest Money In For a New Side Business

By Corazon Gritar

It goes without saying that starting a new business is a trying and difficult process. With the odds not in your favor, it is important to make wise decisions before putting anything into action. This is especially so if they're monetary decisions. ...

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July 13, 2021

The Best Homework Planning Apps

By Sabado Domingo

Getting all your homework done on time is a tough challenge for students. On some days, the pressure gets so high that students forget about trivial things, ending up studying until late at night to finish their tasks. To avoid such emergencies and ...

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July 12, 2021

How To Know If You’ve Been Wrongfully Terminated at Work

By Tex Freitag

Getting fired is a difficult pill to swallow, no matter the circumstances. However, if you've been wrongfully terminated, this can be even more difficult to adjust to. Every day, hundreds of people around the world are fired and many are fired ...

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July 12, 2021

5 Items in Nature With Enormous Finder Fees

By Len Penzo

I realize the economy is wigging out and times are starting to get tough again. Of course, with the price of precious metals back on the rise, you could head out into the wilderness and try to find a stray nugget or two. Then again, if you ...

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July 12, 2021

Black Coffee: Master and Servants

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. ...

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July 10, 2021

What Is Medical Debt and How Do You Get Out of It?

By Corazon Gritar

Medical debt can be a confusing situation, and without understanding it, you may find it hard to get out. Thankfully, the situation doesn't have to be bleak, and with a couple of tips, you can start to understand how you can get out of medical ...

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July 9, 2021

4 Ways to Automate Your Finances

By Sabado Domingo

In this day and age, everyone relies on automation to some degree. Many workers have their paychecks automatically deposited into their bank accounts, while many businesses have automated processes for a wide range of tasks -- from emailing clients ...

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July 8, 2021

Grandfather Says: The Story of Emile and Mollie

By RD Blakeslee

Grandfather fondly remembers Emile and Molly. Grandfather first came to know Emile when he was Grandfather's supervisor at the US Patent Office. Emile and his wife Mollie were Jewish; Mollie from Chicago and Emile from Eastern Europe. He had ...

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July 8, 2021

4 Sneaky Car Dealer Tricks (and How to Avoid Them)

By Sabado Domingo

hidden fees to watch out for

The majority of car dealers are scrupulous professionals who simply want to sell you the vehicle of your choice. So why is it that taking a trip to the dealership often fills car buyers with dread? It's an unfortunate fact that many car buyers ...

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July 7, 2021

The Biggest Reason Why It May Be Smarter to Rent Than ‘Own’ a Home

By Charles Hugh Smith

We're constantly told ours is an ownership society in which owning a home is the foundation of household wealth. However, if we understand property taxes as a "lease from the local government for the right to gamble on another housing bubble ...

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July 6, 2021

Why the Self-Employed Are Smarter Than You

By Greg McFarlane

Who pays a greater share of their income in taxes -- Warren Buffett, or his administrative assistant? Obviously, posing the question implies its answer. Politicians may tout the virtues of our "progressive" tax system, but it doesn't really ...

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July 5, 2021

Black Coffee: Up In Smoke

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 some Independence Day holiday ...

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July 3, 2021

A Gold Trading Primer for Newbies

By Enero Febrero

Although gold is wealth insurance first and foremost, there are some people who prefer to buy it strictly as an investment. Whether you're a long term investor or a short term trader, gold trading is a legitimate alternative for diversifying your ...

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July 1, 2021

The Benefits of Green Washing

By Sabado Domingo

Did you know that your home appliances make up a third of your water and energy consumption? Many washing machines are designed to be largely energy and water efficient, so you can rest assured you're helping the environment while reducing your ...

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June 30, 2021

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