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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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Grandfather Says: The Story of the Cowhide Guitar

By RD Blakeslee

This dissertation aims to introduce to the world a previously unknown luthier and student of Segovia's, Manos de Jamón. Señor de Jamón developed the technique of banging the soundboard while strumming with his knuckles, which ...

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November 28, 2019

How to Save Money While Helping Your New Business Thrive

By Sabado Domingo

financial statements explained

One of the hurdles that aspiring business owners must overcome is to raise enough capital to keep their venture solvent during its first months in operation. Fortunately, there are several strategies you can employ to save money while helping your ...

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November 27, 2019

5 Alternative Lending Options for Funding Your Startup Business

By Enero Febrero

Timely financing is one of the most important factors in the success of any business. After all, many businesses fail to succeed during their first year of operation because of a lack of funding. And since money is the bloodline of any business, it's ...

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November 27, 2019

Black Coffee: More Signs of an Economy That’s Going to the Dogs

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 everyone is enjoying their weekend. ...

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November 23, 2019

4 Proven Solutions to Help Cut Your Car Insurance Costs

By Enero Febrero

Motorists all across the United States are increasingly complaining about the high costs of insurance. After all, any honest analysis clearly shows that a big chunk of car ownership costs goes towards insurance premiums that have to be paid monthly ...

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November 22, 2019

5 Effective Ways To Solve Your Debt Problems

By Sabado Domingo

Debt is such a nightmare to most of the people who deal with finances in everyday life. When left unresolved, debt can take a toll on your life and can adversely affect your relationships, productivity and even mental health. It'll be challenging for ...

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November 21, 2019

100 Words On: The Dumbest Place Where People Use Credit Cards

By Len Penzo

Responsible folks love the plastic in their wallets because credit card benefits simply can't be matched by cash. However, there are several places where credit cards should never be used. Financially speaking, one of the most expensive mistakes any ...

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November 21, 2019

How to Become a Fearless Investor

By Tex Freitag

All forms of investing and trading is associated with risk. The main risk is the risk of losing investment funds which is why there are basic trading rules such as "don't invest money you can't afford to lose" and "never chase your ...

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November 20, 2019

18 Facts You Probably Wish You Never Knew About Black Friday

By Len Penzo

What's not to love about Friday? I mean, really ... if Saturday didn't exist, Friday would be the best day of the week, bar none. Let's face it, on any given Friday, it's hard to find anyone in a bad mood; especially after lunch time. My ...

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November 18, 2019

Black Coffee: Beware of False Profits

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 see another week has come and gone ...

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November 16, 2019

5 Money Saving Tips Your Mortgage Broker Doesn’t Want You to Know

By Sabado Domingo

Buying a home is a big decision and you do not want to make a mistake while you are home shopping. That's why lots of people turn to mortgage brokers to help them through the process of finding a loan. In order to help you avoid being taken advantage ...

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November 15, 2019

Grandfather Says: Woody the Antique Dealer

By RD Blakeslee

Grandfather says after he retired, he spent some time repairing old furniture for an "antique" dealer. Woody was his name and he made soirees into the Pennsylvania countryside to buy old stuff from "pickers" (folks who buy and collect the stuff for ...

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November 14, 2019

What Does It Mean to Be a W2 Employee?

By Tex Freitag

Do you know if you're classified as a W2 or a 1099 employee? This information might not seem critical, but it's essential you know your classification for tax purposes. After all, employers don't always make employee classifications clear, so make ...

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November 14, 2019

5 Tips for Saving on Your Pet Expenses

By Sabado Domingo

Pets are anything but a cheap investment today. In fact, the true cost of owning a dog or cat probably greatly exceeds what you previously thought. Of course, not all pets are created equally when it comes to expenses. Research shows that dog ...

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November 13, 2019

3 True Loan Stories: How to Lend Money to Family & Friends

By Len Penzo

Giving out a loan is always a dicey proposition. After all, once you lend the money, there's no guarantee it will be repaid. The stakes are even higher when we lend money to our friends and family -- or even cosign a loan -- because we not only ...

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November 11, 2019

Black Coffee: The Chorus of Cassandras Continues to Grow

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 everyone is enjoying their ...

Continue reading Black Coffee: The Chorus of Cassandras Continues to Grow

November 9, 2019

The 7 Best Strategies to Keep in Touch with Your Customers

By Sabado Domingo

In the world of business, it's much more effective to have loyal customers who keep coming back than to constantly try to find new customers. If a buyer is satisfied with your product or service, there's a high chance they'll do business with you ...

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November 8, 2019

100 Words On: The Most Valuable Subject Taught In Grade School

By Len Penzo

If you're looking to earn the biggest annualized net return on your college investment, studies consistently show that your best bet is via a science- or math-based technical degree. With that in mind, one would assume science or math is the most ...

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November 7, 2019

8 Factors You Need to Consider When Taking Out Business Insurance

By Sabado Domingo

When you're running a business there are many risks and scenarios where you could be financially exposed if you don't have the right insurance coverage. If you're unsure what sort of coverage you need, you should inquire about typical portfolio ...

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November 6, 2019

Mailbag: Buy a New Car With a Loan or a Used One With Cash?

By Len Penzo

Hi Len, I am an avid reader of your website. Thanks for all the great information you share. It's helping my friends become smart with our resources. I'm planning on buying a car soon. I'd like a decent car that won't give me too many problems. I'm ...

Continue reading Mailbag: Buy a New Car With a Loan or a Used One With Cash?

November 5, 2019

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