Jeff Yeager made a name for himself as The Ultimate Cheapskate. Now, after traveling the country and talking to tons of fellow members of the “cheaphood,” he’s back with a new book that’s all about how cheapskates proudly do what they do and save more and spend less than typical consumers, how they couldn’t give a hoot about keeping up with the Joneses—and how, odds are, they’re happier than their free-spending neighbors. Among the revelations in the book: If you know what you’re doing, personal finance mainstays like budgets and emergency funds are unnecessary, and one way to save, recommended by a female cheapskate, is to go without underwear (at least when the weather’s warm).
Just in time for the annual busting-of-the-budget tradition, here’s a round-up of holiday season tips from around the web that are aimed at getting you all jolly by saving you some cash.
Poker teaches important lessons about saving and investing. Foreclosures are better than mortgage modification programs. Debit card overdraft fees are good for consumers. PMS is responsible for impulse purchases. There is no shortage of strange theories out there—and some of them are actually plausible.
