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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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How Does Commercial Liability Insurance Differ from Other Liability Insurance?

By Tex Freitag

investment trust

You always need to make sure that you have the right set of insurance policies on your side as a business owner. When looking into the ones that you need, you might often find repeating terms such as liability. Do you really need multiple liability ...

Continue reading How Does Commercial Liability Insurance Differ from Other Liability Insurance?

February 4, 2021

The Real Secret to Becoming Rich as a King

By Len Penzo

I've always loved chess; I started playing the game at the tender age of seven and quickly fell in love with its intoxicating combination of tactics and strategy. Although I don't play chess as much as I'd like today, whenever I have the opportunity ...

Continue reading The Real Secret to Becoming Rich as a King

February 3, 2021

The 9 Biggest Rules for Dating on a Budget

By Mikey Rox

For most people, dating is fun. However, dating isn't cheap, and depending on what you two like to do, it can take a sizable toll on your finances. Back in the day, taking your date to a fancy restaurant and an extravagant activity meant you ...

Continue reading The 9 Biggest Rules for Dating on a Budget

February 2, 2021

The Big Secret the Banking Industry Doesn’t Want You to Know

By Len Penzo

Because lending money costs a bank absolutely nothing, banks are fundamentally unlike any other business in some ways. Yes, lending money costs the banks nothing. Think about it: Thanks to fractional reserve banking, the banks get to create the ...

Continue reading The Big Secret the Banking Industry Doesn’t Want You to Know

February 1, 2021

Black Coffee: Damn the Torpedoes

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. Another busy week is crossed off the ...

Continue reading Black Coffee: Damn the Torpedoes

January 30, 2021

Payday Loans vs. Installment Loans: The Pros and Cons of Each

By Sabado Domingo

Payday loans are to installment loans as apples are to oranges. The only similarity between these two types of loans is that they are both a specific amount of money that you must pay back by a certain time. Other than that, payday loans and ...

Continue reading Payday Loans vs. Installment Loans: The Pros and Cons of Each

January 29, 2021

Last Resort: How to Qualify for a Payday Loan If You Have Bad Credit

By Sabado Domingo

Many people need cash, but they're often too intimidated to ask because they're afraid of rejection or may have been rejected in the past. Although they should only be used as an absolute last resort -- primarily because they have extremely high ...

Continue reading Last Resort: How to Qualify for a Payday Loan If You Have Bad Credit

January 27, 2021

7 Signs That Tell Smart Stock Market Investors It’s Time to Sell

By Mikey Rox

Nobody wants to be on the losing end of a stock market investment, but it happens. The good news is you can avoid potential financial devastation by recognizing a few key signs that often indicate when it's finally time to sell stock in a company. ...

Continue reading 7 Signs That Tell Smart Stock Market Investors It’s Time to Sell

January 26, 2021

I’m Stumped: 7 Perplexing Money Questions Without a Good Answer

By Len Penzo

Did you know that back in 2013, then British Prime Minister David Cameron offered $1.54 million to the first person who could solve mankind's greatest challenge? He did. However, before the challenge could officially begin, he had to wait for an ...

Continue reading I’m Stumped: 7 Perplexing Money Questions Without a Good Answer

January 25, 2021

Black Coffee: A Land of Confusion

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. Let's get right to this week's ...

Continue reading Black Coffee: A Land of Confusion

January 23, 2021

Which Sectors Got a Real Boost in 2020?

By Tex Freitag

If you're interested in personal finance, investing some of your spare money can be lucrative. The right investment strategy should see you build up a nice nest-egg or give you extra cash to pay off debts. Investing money on the financial markets can ...

Continue reading Which Sectors Got a Real Boost in 2020?

January 22, 2021

The Top 10 Ways to Quickly Make $500

By Sabado Domingo

Today, many people try to live from paycheck to paycheck. Not many consumers have enough money on their savings account while a certain number of people cant even cope with minor financial disruption. Sometimes even $500 matters especially when you ...

Continue reading The Top 10 Ways to Quickly Make $500

January 22, 2021

3 Important Tax Deduction Rules You Should Always Remember

By Sabado Domingo

The best way to maximize your deductions and increase your tax return is to hire a tax consultant to help you go through everything. However, if you decide to do it on your own, you can still get a number of deductions as long as you remember the ...

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January 20, 2021

Economic Collapse 101: How to Prepare for Water Supply Disruptions

By Len Penzo

Clean running water is something we all take for granted. After all, there's nothing easier than going to the nearest tap, turning the handle, and being instantly greeted with as much potable water as you can drink. Water is ridiculously cheap ...

Continue reading Economic Collapse 101: How to Prepare for Water Supply Disruptions

January 18, 2021

Black Coffee: Painting the Town Red

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. Okay, let's get right to it this week ...

Continue reading Black Coffee: Painting the Town Red

January 16, 2021

5 Ways the Oil Industry Affects the US Economy

By Tex Freitag

When you invest in the oil sector, you're taking a stake in an industry that everyone needs -- so you need to know how to track these unique investments, when they change, and why. The US economy ebbs and flows with the oil industry. Then again, ...

Continue reading 5 Ways the Oil Industry Affects the US Economy

January 15, 2021

The Fastest Way to Improve Your Credit Score

By Sabado Domingo

There are few things in life that follow you the way that your credit does. Your credit score is essentially a score that represents your standing in the business world, and this has a direct impact on many major purchases and loans. Whenever you ...

Continue reading The Fastest Way to Improve Your Credit Score

January 13, 2021

How to Determine How Much Rent You Can Really Afford

By Len Penzo

  Moving to a new home is almost always an exciting time. And when it comes to finding a new place to live, affordability is usually one of the top considerations for any renter. Frankly, when you stop to think about it, "How much rent can I ...

Continue reading How to Determine How Much Rent You Can Really Afford

January 12, 2021

A Simple Test to Know If It’s Better to Rent or Buy a House

By Len Penzo

This weekend my friend and I got into a discussion regarding the housing market; he was wondering whether current prices were still cheap enough to justify buying a new home. "That's a good question," I told him, "We could ask my Magic 8-Ball, but ...

Continue reading A Simple Test to Know If It’s Better to Rent or Buy a House

January 11, 2021

Black Coffee: Enter the Dragon

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. Here's hoping I don't get banned from ...

Continue reading Black Coffee: Enter the Dragon

January 9, 2021

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