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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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7 Ways to Save Money on Your Monthly House Expenses

By Sabado Domingo

A mortgage alone can easily devour a third of your monthly income after taxes. But owning a home or other property comes with many additional expenses that, if left unchecked, can push your housing costs into unsustainable territory. The good news ...

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April 24, 2020

100 Words On: Why You’ll Never Get Rich Working for ‘the Man’

By Len Penzo

Many folks who work for others love to complain about the professionally unsatisfying nine-to-five grind of their daily job, yet refuse to change the status quo. That's because the perceived relative safety of their steady job -- and the guaranteed ...

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April 23, 2020

Shop Smarter: A Look at the Price-Matching Policies for 11 Popular Stores

By Mikey Rox

We all want the lowest prices, but not all stores are created equal. To save as much cash as you can, take a look at this big list of your favorite stores' price-matching policies and plan your shopping accordingly. Just remember, policies can ...

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April 22, 2020

Roth 401(k) vs. Roth IRA: What Is the Difference?

By Tex Freitag

Planning for retirement is important, but it can be tricky to understand all of the terms that are used when talking about the different ways you can prepare. In this article, we're going to focus on the similarities and differences between Roth ...

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April 21, 2020

38 Secrets for Financial Success: My Personal Finance Manifesto

By Len Penzo

Awhile back, somebody asked me to summarize my personal finance "playbook" in a blog post. Well ... Here it is: Debt is a form of indentured servitude where people agree to sacrifice a portion of their future earnings in exchange for instant ...

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April 20, 2020

Black Coffee: The Fed Awakens

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. And so it goes ... the fifth week of ...

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April 18, 2020

4 Tips for Successfully Retiring Abroad

By Sabado Domingo

If you've recently retired, will do so soon, or have been out of the workforce for a while and feel it's now time for a change, you might be considering moving abroad in the coming months. Now, with so many countries facing a health crisis plus ...

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April 17, 2020

Is It Better to Borrow From a Bank or Private Lender?

By Tex Freitag

If you're considering a personal or business loan to get you through a financial hardship, you need to know the difference between a bank and private lender. Many people need financial help from time-to-time, and most commonly this is in the form ...

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April 17, 2020

Grandfather Says: Remembering Grandfather’s Father

By RD Blakeslee

Grandfather says his father has been departed for more than 60 years now (may God rest his soul), but Grandfather well remembers him. He was an honor student in high school and continued that way later, at the Southern Baptist Theological Seminary in ...

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April 16, 2020

The 6 Most Common Ways to Finance a New Car

By Sabado Domingo

There are multiple ways to finance your new vehicle, but be careful: Some are riskier than others and all of them require some discipline and financial planning. So consider these tips and strategies to memory before you think about buying your next ...

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April 15, 2020

Brazilian Hyperinflation: A Reader Explains What Life Was Like

By Leasi

(Readers: In 1990, inflation in Brazil was running at 3000% per year. At that rate, a loaf of bread that cost $3 on New Year's Day would cost $93 by December 31. With that in mind, one of my readers, Leasi, had told me that she lived in Brazil during ...

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April 13, 2020

Black Coffee: Running on Empty

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. And the financial crisis rages on, so ...

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April 11, 2020

Six Methods for Dealing with a Roller Coaster Market

By Rob Wrubel, CFP

Corrections and bear markets never come at the right time. Distressing world events materialize, and the stock market pullbacks just add stress and anxiety to the difficult times. In January, the world was fine; schools were in session, stocks were ...

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April 10, 2020

Can I Get an ATV Loan with Bad Credit?

By Sabado Domingo

Having bad credit will impact your ability to be approved for financing, or otherwise affect the loan terms that you're able to receive. In fact, you may find that you won't be eligible for any kind of loan from any lenders. The lower your credit ...

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April 8, 2020

Black Coffee: Financial Monkey 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. Welcome to Week 4 of the new era we ...

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April 4, 2020

What to Do If You Need an Urgent Cash Advance

By Sabado Domingo

Experiencing a financial emergency but don't have the cash to hand to sort it out? Yes, a payday loan gives you access to fast cash -- but for the "opportunity" you'll be charged an exorbitant amount in interest. So before you head down that route, ...

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April 3, 2020

Grandfather Says: Western Civilization Is Out of Fashion

By RD Blakeslee

Western civilization seems unfashionable in most colleges these days. "Diversity" is now the revealed truth. Anyway, Grandfather trotted out an old college textbook of his, Readings in Western Civilization, Knoles and Snyder, J.B. Lippincott 1951, ...

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April 2, 2020

5 Things to Think About Before Starting Your Own Business

By Enero Febrero

While starting your own business may seem like an exciting prospect, those who are just getting started do not always have a strong idea of how much effort it will take to reach their desired objective. Such an endeavor is a major challenge, but when ...

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April 1, 2020

Pinpoint Your Home Energy Hogs and Replace Them with These

By Jennifer Tuohy

Keeping it cool or warm used to be far and away the biggest energy expense a home could claim. However, according to the U.S. Energy Information Administration over the last 25 years, the percentage of energy the average household uses on heating and ...

Continue reading Pinpoint Your Home Energy Hogs and Replace Them with These

March 31, 2020

5 Crazy Ideas That Resulted in Million Dollar Paydays

By Len Penzo

The economy may officially be in the dumps, but you can still make a whole lot of money if you've got a great idea. In fact, there are many examples of strange -- and often ingeniously simple -- business ideas that have earned their owners millions ...

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March 30, 2020

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