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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

Black Coffee: Red Tape, Green Confetti and Blue Taxpayers

By Len Penzo

Black Coffee: Red Tape, Green Confetti and Blue Taxpayers

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 ...

Continue reading Black Coffee: Red Tape, Green Confetti and Blue Taxpayers

17 Comments January 28, 2017

What is a Logbook Loan?

By Enero Febrero

What is a Logbook Loan?

It is unfortunate that most people are denied payday loans due to the fact that they are unemployed, self-employed or because their monthly spending is higher than their income. In other cases, this can be due to the fact that they do not meet the ...

Continue reading What is a Logbook Loan?

1 Comment January 27, 2017

100 Words On: Why Time Is More Valuable Than Money

By Len Penzo

100 Words On: Why Time Is More Valuable Than Money

Although you'd never know it based upon the ways people treat time and money, the former is significantly more valuable than the latter because our life here on earth is finite. Yes, time is free; ironically, it's also priceless. That's because we ...

Continue reading 100 Words On: Why Time Is More Valuable Than Money

21 Comments January 26, 2017

Fake News: Can You Spot the Error In This Article?

By Antonio Fortunato

Fake News: Can You Spot the Error In This Article?

It was recently confirmed as fact, via the hacking of emails from a national Presidential candidate's campaign manager and the hacking of emails from the leadership of a national political party committees emails, that news has been fabricated quite ...

Continue reading Fake News: Can You Spot the Error In This Article?

11 Comments January 25, 2017

What’s the Best Way to Give a Financial Gift?

By Anum Yoon

What’s the Best Way to Give a Financial Gift?

When it comes to gifts, we all know it's the thought that counts -- which is why there are certain self-described gift-giving mentors who don't encourage financial gifts. Of course, those same folks have probably been on the receiving end of monetary ...

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Leave a Comment January 24, 2017

Why Silver May Be the Most Undervalued Asset in the World

By Len Penzo

Why Silver May Be the Most Undervalued Asset in the World

The recent admission by several banks that the gold and silver markets are manipulated has many people claiming that the bankers' hijinks is proof positive that precious metals have been artificially undervalued for many years in order to maintain ...

Continue reading Why Silver May Be the Most Undervalued Asset in the World

6 Comments January 23, 2017

Black Coffee: A Ponzi for Your Thoughts

By Len Penzo

Black Coffee: A Ponzi for Your Thoughts

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 dive right in this week ...

Continue reading Black Coffee: A Ponzi for Your Thoughts

18 Comments January 21, 2017

Why Investing Your Bonus Is a Smart Move

By Enero Febrero

Why Investing Your Bonus Is a Smart Move

Economic and political uncertainty dominated the global news headlines last year and uncertainty looks set to continue this year. With that in mind, if you're fortunate enough to receive a bonus, the question becomes: should you save it or spend ...

Continue reading Why Investing Your Bonus Is a Smart Move

2 Comments January 20, 2017

100 Words On: Why Excessive Debt Leads to Indentured Servitude

By Len Penzo

100 Words On: Why Excessive Debt Leads to Indentured Servitude

Taking on excessive debt -- and continuously spending more than you earn -- greatly reduces the wealth you can accumulate down the road. As a result, your options in the future become greatly diminished because you are essentially spending tomorrow's ...

Continue reading 100 Words On: Why Excessive Debt Leads to Indentured Servitude

27 Comments January 19, 2017

Amazing Small Business Ideas Anyone Can Do

By Patrick Ward

Amazing Small Business Ideas Anyone Can Do

Starting a business is one of the toughest ordeals. There's a number things to think about all of which will determine how well one begins. Picking the right business may also not come in automatically. Times have changed and so have businesses. ...

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Leave a Comment January 18, 2017

7 Tech Jobs That Desperately Need Women

By Mikey Rox

7 Tech Jobs That Desperately Need Women

With male domination in certain corporate sectors, it's refreshing to know that there are incredible careers waiting for intelligent, ambitious women. Tech-based employers, specifically, are looking for women to diversify their workforces, and a ...

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Leave a Comment January 17, 2017

22 Smart Money Tips Everyone Can Learn by Playing Doctor

By Len Penzo

22 Smart Money Tips Everyone Can Learn by Playing Doctor

So ... Who wants to play "doctor" with me? I know what you're thinking, but you can relax. I promise nobody will end up in the principal's office after we're finished here. That's because this version only focuses on taking a peek at our ... ...

Continue reading 22 Smart Money Tips Everyone Can Learn by Playing Doctor

15 Comments January 16, 2017

Black Coffee: The Lap of Luxury Edition

By Len Penzo

Black Coffee: The Lap of Luxury Edition

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. Off we go ... Credits and ...

Continue reading Black Coffee: The Lap of Luxury Edition

14 Comments January 14, 2017

My State of the Household Report, Net Worth, and 2016 Expenses

By Len Penzo

My State of the Household Report, Net Worth, and 2016 Expenses

I've said it before and I'll say it again: When it comes to money management, one of the most important pieces of information anyone can have is a detailed summary of where your household income was spent during the previous year. I've been ...

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January 13, 2017

100 Words On: How Thinking Outside the Box Can Save You a Fortune

By Len Penzo

100 Words On: How Thinking Outside the Box Can Save You a Fortune

A fellow walked into a New York City bank asking for a $4000 loan. "Okay," the teller said, "But we're going to need collateral." The man responded: "My black Porsche is in your parking lot. Here are the keys." Several weeks later, the man ...

Continue reading 100 Words On: How Thinking Outside the Box Can Save You a Fortune

2 Comments January 12, 2017

Uh Oh: Get Ready for Sticker Shock at the Gas Pump This Year

By Len Penzo

Uh Oh: Get Ready for Sticker Shock at the Gas Pump This Year

Until now, rising oil prices have managed to push the market higher, and that has managed keep people who are investing in the surging stock market very happy as they watch their 401(k) and other investment vehicles rise in value. However, that may ...

Continue reading Uh Oh: Get Ready for Sticker Shock at the Gas Pump This Year

2 Comments January 11, 2017

An Introductory Guide to Wills, Trusts and Estate Planning

By Anum Yoon

An Introductory Guide to Wills, Trusts and Estate Planning

What happens when people die -- or are dying -- is a subject of intense debate. For you it might be a matter of faith or science. What's less debatable: if you prepare properly, the people you leave behind will have an easier transition. Several ...

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1 Comment January 10, 2017

The 7 Most Popular Ways to Commit Financial Suicide

By Len Penzo

The 7 Most Popular Ways to Commit Financial Suicide

I recently got back from a vacation that included a family wedding on the Central California coast and a sightseeing trip around the San Francisco Bay Area. Of course, one of the most popular attractions in San Francisco is the beautiful Golden ...

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42 Comments January 9, 2017

Black Coffee: A Few Tales of Taxes, Fraud and Corruption

By Len Penzo

Black Coffee: A Few Tales of Taxes, Fraud and Corruption

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 away we go ... "We contend that ...

Continue reading Black Coffee: A Few Tales of Taxes, Fraud and Corruption

21 Comments January 7, 2017

100 Words On: Why Inflation Is Taxation Without Representation

By Len Penzo

100 Words On: Why Inflation Is Taxation Without Representation

Inflation is a tax that doesn't require legislative approval. Here's why: Assume your saving account earns 3% interest. (I know; but play along.) Whether that interest is taxed at 100% in a zero-inflationary environment, or earned tax-free with 3% ...

Continue reading 100 Words On: Why Inflation Is Taxation Without Representation

25 Comments January 5, 2017

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  • Black Coffee: Red Tape, Green Confetti and Blue Taxpayers
  • What is a Logbook Loan?
  • 100 Words On: Why Time Is More Valuable Than Money
  • Fake News: Can You Spot the Error In This Article?
  • What’s the Best Way to Give a Financial Gift?
  • Why Silver May Be the Most Undervalued Asset in the World
  • Black Coffee: A Ponzi for Your Thoughts
  • Why Investing Your Bonus Is a Smart Move
  • 100 Words On: Why Excessive Debt Leads to Indentured Servitude
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