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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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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 ...

Continue reading 3 Important Tax Deduction Rules You Should Always Remember

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

How to Measure Your Performance as a Trader or Investor

By Tex Freitag

If someone asked you to rate yourself as a trader, how would you evaluate yourself? Would you consider yourself to be highly successful, mediocre or needing a lot of improvement? Do you even know how to evaluate yourself at this moment? Let's make ...

Continue reading How to Measure Your Performance as a Trader or Investor

January 8, 2021

4 Strategies to Help You Avoid Bankruptcy

By Sabado Domingo

Though many people find themselves on the brink of bankruptcy because of massive medical expenses or unexpected job loss, there are others who end up there because of reckless spending habits and a failure to plan for the future. It is all too common ...

Continue reading 4 Strategies to Help You Avoid Bankruptcy

January 7, 2021

The Best Personal Finance Book I’ve Ever Read

By Len Penzo

It seems like every week I get at least one note in my inbox asking me about personal finance books and a suggestion for which one to buy. Well ... The other day somebody asked me to recommend a personal finance book they could give to their ...

Continue reading The Best Personal Finance Book I’ve Ever Read

January 6, 2021

My Cola Taste Test: Is Coke Really Better Than Pepsi?

By Len Penzo

People have been enjoying cola-flavored soft drinks ever since 1886 when the first glasses of Coca-Cola were being served up for five cents each (about $1.44 in today's dollars) at a local Atlanta pharmacy. Today, soft drinks are a key part of a ...

Continue reading My Cola Taste Test: Is Coke Really Better Than Pepsi?

January 4, 2021

Black Coffee: A Thief In the Night

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. Well ... the New Year is here -- but ...

Continue reading Black Coffee: A Thief In the Night

January 2, 2021

What is a 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. Common rewards include: Cash dividends. With these cards, for every dollar you spend, ...

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December 31, 2020

How to Get the Most from Your Gym Membership and Avoid Burning Out

By Mr. Credit Card

The missus and I joined a sports club many years ago and we have absolutely no regrets about it. So I want to share my thoughts on how we get the most from our gym membership every year. While it's true you can get fit for little or no money, the ...

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December 30, 2020

5 Ideas for Tackling Debt If You Retire with a Mortgage

By Delan Cooper

According to the Employee Benefit Research Institute, outstanding mortgage balances among the elderly have risen by 142% in the last 20 years. Even if you're not yet elderly and thinking about retiring, this is alarming news. If you're considering ...

Continue reading 5 Ideas for Tackling Debt If You Retire with a Mortgage

December 29, 2020

Top Strategies For Fashion Brands To Build Customer Loyalty

By Sabado Domingo

Thanks to COVID, this year has been a bittersweet experience for fashion brands. For some, there was zero customer demand, especially the top-tier luxury fashion brands since everyone was locked down in their homes and didn't have a reason to invest ...

Continue reading Top Strategies For Fashion Brands To Build Customer Loyalty

December 29, 2020

5 Ways to Ring in the New Year by Cleaning Out Your Financial Garage

By Mark Fried

It's amazing how much stuff piles up in a family garage over the years. The stacks get higher every year because, presumably, the items within them hold value. It becomes harder to throw anything away. While ignoring all those old bicycles, ...

Continue reading 5 Ways to Ring in the New Year by Cleaning Out Your Financial Garage

December 28, 2020

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