About The Penny Plan
The Penny Plan exists to answer everyday money questions in plain English. Personal finance is buried in jargon, sales pitches, and fine print - and most people just want a straight answer to a normal question like “how big should my emergency fund be?” That’s what we write.
What we do
Every article starts from a real question and answers it clearly, without assuming you already speak the language of finance. We explain the idea, show why it matters, and stop before drowning you in detail.
Who writes this
The Penny Plan is owned and edited by Eli Wright - the byline on every guide, and the person editorially responsible for what’s published here. Eli is not a financial adviser, and this site never gives personalized advice; his author page explains the research method, the tools used, and the correction policy in full. Answers are drafted from the underlying rules and primary sources (government agencies, regulators, and consumer-protection bodies), then edited for plain language and accuracy before publishing. The running reference list lives on the Sources page.
How to check our work
We would rather be checkable than trusted on faith, so the details are written down rather than implied:
- Editorial Policy - how articles are researched, reviewed, and corrected, what we refuse to publish, and exactly where AI tooling is used and where human responsibility sits.
- Methodology and Data Sources - the specific feeds behind our figures (FRED, the Bureau of Labor Statistics, Treasury Fiscal Data, CoinGecko), how the calculators work, and how we handle numbers that go out of date.
- Eli Wright - who is responsible for what is published here.
- Sources - the running reference list of primary sources.
Our editorial process
- Start from a real question. Every guide answers a question people actually ask, phrased the way they ask it.
- Check the rules first. Claims about taxes, credit, insurance, and benefits are checked against the relevant agency or regulator’s published guidance before we write.
- Explain, don’t advise. We describe how something works in general so you can reason about your own situation - we never tell you what to buy or do.
- Correct openly. If a reader flags an error via the Contact page, we verify and fix it.
What we don’t do
We don’t sell financial products, and we don’t give personalized advice. Everything here is general education. Your situation is your own, and for decisions that carry real weight, a qualified professional who knows your full picture is worth far more than any article. See our Disclaimer.
Contact
Questions or corrections? Reach us on the Contact page.