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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

3 Great Hobbies That Are Investments Too

By Tex Freitag

When most of us think about investments, we aren't imagining anything very interesting. However, your hobbies can also be great investments. Here are three hobbies that may have hidden sources of income down the road: Xeriscaping If you own ...

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December 25, 2020

Grandfather Says: Memories of a Budding Shipwright

By RD Blakeslee

Grandfather has written before about stone and wood -- this one's about water. Specifically, bodies of water and how he's enjoyed them over the years. Described earlier were Cape Hatteras on the shores of the Atlantic; the Lynn canal between ...

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December 24, 2020

Quick Advice for the Financial Times You Didn’t Plan For

By Sabado Domingo

At some point in life, everyone has hit some rough financial times. Sometimes, these financial problems are brought on by the ignorance of youth, other times they are brought on by coincidence, and they can even be caused by catastrophes beyond your ...

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December 23, 2020

Are Gas Clothes Dryers Worth the Extra Money?

By Len Penzo

People looking to save money on appliances quickly learn that gas dryers typically cost between $75 to $150 more than their electric counterparts, primarily because the components are more expensive; for folks on tight budgets, that price premium can ...

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December 21, 2020

Black Coffee: The Beginning of the End

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. It's hard to believe that Christmas -- ...

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December 19, 2020

If You’re Going to Bet on Sports, Here’s How to Do It Responsibly

By Tex Freitag

For better or worse, sports betting sometimes gets a bad wrap -- especially from personal finance gurus. Some even like to compare gambling with burning money. As with most things, the actual truth is somewhere in the middle. While gambling isn't ...

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December 19, 2020

A Few Thoughts from Aunt Doris: How to Make the Perfect Cup of Tea

By Aunt Doris

We English do love a good cup of tea (or, as we like to say, a cuppa)! I'm not talking about that panther pee they serve in most restaurants here in the States. You know -- a thick cup with a tea bag on the side! Oh, no! Here's how to make a ...

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December 18, 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 ...

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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. ...

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December 12, 2020

Careers You Can Get Into Later In Life

By Tex Freitag

ads for your side hustle

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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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December 3, 2020

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