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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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4 Rules for Cashing Out Your 401k When You’re In a Financial Pickle

By Mikey Rox

There may be times in life that you'll fall into financial hardship, and it's wise to plan ahead for the inevitable. An emergency fund -- that is, a generous amount of cash in your savings or another account -- is ideal for dealing with these ...

Continue reading 4 Rules for Cashing Out Your 401k When You’re In a Financial Pickle

December 15, 2020

5 Things Nobody Tells You About Being Poor – And for Good Reason

By Len Penzo

I'm sorry, folks, but I'm just a little surly right now. I just finished reading an article at Cracked that my son showed me entitled: 5 Things Nobody Tells You About Being Poor. Apparently, the piece was written by a self-professed member of ...

Continue reading 5 Things Nobody Tells You About Being Poor – And for Good Reason

December 14, 2020

Black Coffee: Bulls and Crocodiles

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 good week. ...

Continue reading Black Coffee: Bulls and Crocodiles

December 12, 2020

Careers You Can Get Into Later In Life

By Tex Freitag

American workers are hectic creatures. According to the Bureau of Labor Statistics, Americans will work in 12 different jobs over their career lifespan, on average. This equates to a change about once every five years. Additionally, we're all ...

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December 11, 2020

6 Ways to Protect Yourself Financially In Case of Serious Injury

By Sabado Domingo

If you have been seriously injured, you're no doubt feeling overwhelmed with the number of decisions that need to be made. It can be helpful to keep a list of items that need to be addressed and cross them off one at a time. Regardless of your ...

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December 11, 2020

Love Gaming? Here’s How to Stay Money-Smart In Your Betting Adventure

By Enero Febrero

Everyone likes to get an extra buck on a buck invested, right? And isn't that what the fundamental idea of betting is? Earning more than you invested, and all you have to give is a prediction! Well, it sounds simple -- and it is -- but there is a ...

Continue reading Love Gaming? Here’s How to Stay Money-Smart In Your Betting Adventure

December 11, 2020

Grandfather Says: A Trophy for the Natural

By RD Blakeslee

When Grandfather was 13 or so, playground baseball/softball -- it just depended who showed up with what kind of ball and bat -- began to invade his young life. He remembers one of his novice catastrophes: a baseball went right over his glove and ...

Continue reading Grandfather Says: A Trophy for the Natural

December 10, 2020

A Guide on How to Earn Money with P2P Bitcoin Trading

By Sabado Domingo

Peer-to-peer (P2P) cryptocurrency trading is on the rise across bitcoin, tether, ethereum and litecoin. Unlike other assets and the regular exchanges where people have to be active all the time, P2P trading allows a person to have a passive option ...

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December 10, 2020

Save More for Retirement: 5 Easy Steps to Greater Financial Security

By Matthew Malone

Few people enjoy penny-pinching, but it's easy to cut back on wasteful spending that costs most us hundreds, if not thousands, per year. And it's unlikely to negatively impact your happiness, or your quality of life. In fact, it's quite the opposite: ...

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December 9, 2020

Caught Ya! My Teenager’s Sly Attempt to Get His Own Credit Card

By Len Penzo

Last month we found a letter in our mailbox from Discover credit cards that was addressed to my teenage son, Matthew. Now why would Discover be contacting my son? You know, the mere thought of a credit card in my 14-year-old son's hands really ...

Continue reading Caught Ya! My Teenager’s Sly Attempt to Get His Own Credit Card

December 7, 2020

Black Coffee: Racing to the Bottom

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 ...

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December 5, 2020

Damned If You Do, Damned If You Don’t: Where To Invest Post Pandemic?

By Tex Freitag

Although 2020 has been extremely difficult for investors, it might yet get even more challenging to get a return on money in the next couple of years. The impact of the coronavirus has been vast and it is very hard to predict what is going to ...

Continue reading Damned If You Do, Damned If You Don’t: Where To Invest Post Pandemic?

December 4, 2020

3 Smart Financial Moves Everyone Should Consider Before the New Year

By Sabado Domingo

It's never too late to make some smart money moves and end the year on a better note. So if you're ready to get smarter with your money, check out these three smart financial moves you should make before the end of the year. Check Your Interest ...

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December 4, 2020

10 Tips to Consider Before Getting Your Auto Insurance

By Tex Freitag

While choosing auto insurance might not seem like a big deal, it could be if you opt for the wrong type of policy or end up with inadequate coverage. Although everyone should learn the basics, understanding this kind of insurance is especially ...

Continue reading 10 Tips to Consider Before Getting Your Auto Insurance

December 3, 2020

How Do I Choose the Best Rewards Credit Card?

By Len Penzo

A rewards credit card is specifically targeted at people who want a bonus in exchange for using the card; so the more you purchase, the more rewards you earn! There is no magic to selecting the right reward cards. In fact, it basically comes down ...

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December 2, 2020

6 Ways to Avoid a Holiday Debt Hangover

By Mikey Rox

The holidays come with a host of stressors, the most Xanax-inducing of which is perhaps overspending. Sure, we make our lists and check them twice, but we're still human. Sales, discounts and deals are flashed furiously before your eyes while you're ...

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December 1, 2020

12 Good Reasons Why You Should (and Shouldn’t) Use a Credit Card

By Len Penzo

When I was a kid I used to have a Ouija board. Thankfully, my nerdy friends and I were never possessed by evil spirits while conjuring up our dead relatives to see how they were doing (they're fine, thanks); or getting answers to burning questions ...

Continue reading 12 Good Reasons Why You Should (and Shouldn’t) Use a Credit Card

November 30, 2020

Black Coffee: Gradually, Then Suddenly

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'm really excited that the Christmas ...

Continue reading Black Coffee: Gradually, Then Suddenly

November 28, 2020

6 Good Reasons Why the Holiday Season Is a Great Time for Recruiting

By Sabado Domingo

Recruiting as a profession has elements in common, but who you do the recruiting for is as varied as can be. For example, there are military, pharmaceutical, finance, management, sales and sports recruiters. Some recruiters work very specifically ...

Continue reading 6 Good Reasons Why the Holiday Season Is a Great Time for Recruiting

November 27, 2020

100 Words On: Why You Should be a Parent, Not a Best Friend

By Len Penzo

Whether they know it or not, children depend on their parents to say "no" and make tough or unpopular decisions for their benefit. Unfortunately, it's impossible to effectively enforce rules and boundaries without running your household like a ...

Continue reading 100 Words On: Why You Should be a Parent, Not a Best Friend

November 26, 2020

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