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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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Business Owner: Here Are 5 Mistakes That Can Bankrupt You

By Ramona

So you have -- or want to have -- your own small business. Being your own boss and having to deal with a diverse customer base is both challenging and fun. I started my web design business many years ago, while also keeping a job at the local ...

Continue reading Business Owner: Here Are 5 Mistakes That Can Bankrupt You

December 18, 2024

6 Ways to Stop Stressing Out About Money

By Anum Yoon

Right now, at this moment, how much money do you have? Before you answer: does the mere question begin to stress you out? If so, you probably wish you could stop stressing out about money. Rest assured, you're not alone. According to the number ...

Continue reading 6 Ways to Stop Stressing Out About Money

December 17, 2024

Navigating Financial Crunches: Turning Possessions Into Immediate Relief

By Sabado Domingo

Life is unpredictable, and financial emergencies can strike when we least expect them. Whether it’s an unexpected car repair, a sudden medical bill, or a pressing home repair, finding quick solutions to cover urgent expenses is essential. While ...

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December 16, 2024

18 Things You Should Never Pay For (Or So They Say)

By Len Penzo

Who doesn't love a free lunch? I know I've never turned one down. If you believe everything you read on the Internet, then there are lots of products and services you should never pay for. The problem is "never" is such a strong word, isn't it? So ...

Continue reading 18 Things You Should Never Pay For (Or So They Say)

December 16, 2024

Black Coffee: A Little Food for Thought

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: A Little Food for Thought

December 14, 2024

How Does the Home Buying Process Work?

By Len Penzo

Purchasing a house can seem like a daunting task -- especially if you're doing it for the first time. Thankfully, the home buying process can be boiled down to a series of relatively simple steps: Make sure you're ready. Deciding to own a home is a ...

Continue reading How Does the Home Buying Process Work?

December 12, 2024

Profit or Pitfall? Financial Considerations When Selling an Investment Property

By Tex Freitag

Selling an investment property is a major financial decision that requires careful thought and planning. Whether you're a seasoned investor or a first-timer, understanding the financial implications can make the difference between a profitable deal ...

Continue reading Profit or Pitfall? Financial Considerations When Selling an Investment Property

December 11, 2024

How to Save Money on DIY Remodeling Projects

By Enero Febrero

There is a mountain of good advice on the Internet these days about how to implement DIY home improvement projects. And alongside all of those good ideas inspiration from, there has probably never been a better time to give your home an upgrade. The ...

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December 11, 2024

How to Survive a Financial Crisis in Your Relationship

By Mikey Rox

Relationships are hard enough as it is, but throw money into the mix and it becomes a recipe for certain disaster. It doesn't have to go down like that though. Your relationship can survive a financial crisis -- yes, even a menacing mound of debt -- ...

Continue reading How to Survive a Financial Crisis in Your Relationship

December 10, 2024

The Parable of the Mexican Fisherman: A Lesson on Happiness

By Len Penzo

Today I want to share with you a very brief -- but brilliant -- story written by Mark Albion that I recently discovered. It's known as the parable of the Mexican fisherman. I hope it encourages you to reflect on your goals in life -- and the strategy ...

Continue reading The Parable of the Mexican Fisherman: A Lesson on Happiness

December 9, 2024

Black Coffee: More Funny Business

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 another busy weekend ahead of ...

Continue reading Black Coffee: More Funny Business

December 7, 2024

Grandfather Says: The Continuing Chronicles of Elaine, Part 55

By RD Blakeslee

The following was written by my late wife Elaine. She wrote a long book, a diary really, from which this is one passage: After Alderney, We Spent Some Time in England and France Some of London’s highlights were a ride on a double-decker bus, ...

Continue reading Grandfather Says: The Continuing Chronicles of Elaine, Part 55

December 5, 2024

What’s It Like to Be a Personal Injury Lawyer?

By Sabado Domingo

Many people have had to find a personal injury lawyer during their lifetime. But did you know that being a personal injury lawyer isn’t just about showing up in court or throwing around legal terms? These lawyers help people who’ve been hurt in ...

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December 4, 2024

Mastering the Art of Deal Hunting

By Sabado Domingo

Everybody loves a bargain. There are few better feelings in life than getting a sweet deal on something, and some people make it look like an art form. Some people just seem to get these good deals all the time. And when somebody else sees what a ...

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December 4, 2024

Investment Trusts: What Are the Signs It Aligns With Your Financial Goals?

By Tex Freitag

investment trust

Investing can be a complex journey, and choosing the right investment vehicle is crucial to achieving your financial objectives. Investment trusts, with their unique structure and potential benefits, have become a popular choice among investors. But ...

Continue reading Investment Trusts: What Are the Signs It Aligns With Your Financial Goals?

December 3, 2024

Retirement Planning: The Cost of Withdrawing Retirement Funds Too Early

By Antonio Fortunato

Deciding when to retire, and perhaps more importantly, deciding when to begin withdrawing funds from our retirement accounts is a major financial decision.  Unfortunately for some people with retirement assets the only “rule” in place is a tax ...

Continue reading Retirement Planning: The Cost of Withdrawing Retirement Funds Too Early

December 3, 2024

How to Fix Your Personal Finances Using Duct Tape

By Len Penzo

While scouring the web for the best ways to fix your personal finances I became distracted. In fact, before I knew it I had run into this cool site that is devoted to the wondrous and wacky world of duct tape. Did you know that duct tape was first ...

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December 2, 2024

Black Coffee: A Recipe for Disaster

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: A Recipe for Disaster

November 30, 2024

Building Your Finances for Meeting Unplanned Healthcare Costs

By Sabado Domingo

Healthcare in the US is one of the leading causes of financial stress for citizens. According to the Commonwealth Fund, personal as well as in GDP, money spent on healthcare is higher in the US than in other high-income countries. For this reason, ...

Continue reading Building Your Finances for Meeting Unplanned Healthcare Costs

November 29, 2024

Mortgage Refinancing Pros and Cons

By Len Penzo

There are both good and bad reasons why homeowners should - or should not - refinance their mortgage. With that in mind, let's discuss some of the biggest mortgage refinancing pros and cons. Here are a few of the most common reasons why mortgage ...

Continue reading Mortgage Refinancing Pros and Cons

November 28, 2024

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