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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

Black Coffee: It’s a Mad, Mad, Mad, Mad World

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: It’s a Mad, Mad, Mad, Mad World

February 13, 2021

The Best Day Trading Strategies for Beginners

By Tex Freitag

Day trading is becoming increasingly achievable for investors with a feel for the financial markets and a good handle on global commerce. Day trading relates to buying and selling the same stock or share on the same day, sometimes even multiple ...

Continue reading The Best Day Trading Strategies for Beginners

February 10, 2021

How to Become Debt Free in 4 Easy Steps

By Enero Febrero

If you're paying off one or more debts, you're probably sending off at least the minimum payment, or just a little more, each month. If that sounds like you, then you probably feel as though you may never get to that final payment; this can be ...

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February 8, 2021

The 10 Worst Things I Ever Bought

By Len Penzo

Most of us have no trouble remembering the best things we ever bought. The worst things are another matter. Anyway, here's my list. How does it compare to yours? 1. My first house Purchase Date: 1990 Purchase Price: $114,000 Inflation ...

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February 8, 2021

Black Coffee: Paper Lies and Broken Promises

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: Paper Lies and Broken Promises

February 6, 2021

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 ...

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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 ...

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February 3, 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 ...

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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 ...

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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 ...

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January 27, 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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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, ...

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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 ...

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January 13, 2021

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