Unlike most retirement planning and lifestyle books that focus on investing – or at the other end of the spectrum, on how to get the senior discount on a Grand Slam Breakfast at Denny’s – this new book from Jeff Yeager, America’s favorite cheapskate, makes the compelling case that you can have a joyous, worry-free retirement by merely spending smart and focusing on what you truly want and expect out of retirement.
Jeff Yeager, dubbed "The Ultimate Cheapskate" by Matt Lauer on NBC's Today show, is a very cheap guy. He re-cants, as opposed to decants, the wine he proudly serves his dinner guests, funneling cheap box wine into premium-label bottles. He believes you should never spend more than per pound on food items. And to save time and energy costs, he soft-boils his morning eggs along with the dirty dishes in the dishwasher.
"[Jeff Yeager] ...proves once and for all that living happily within your means is
possible at practically any income."
"Jeff Yeager has a way
of unleashing the inner cheapskate in us all!"
"If you don't save ten
times the amount you spend on this book, you probably didn't read it."
Jeff Yeager and writer Adam Lucas have finally emerged from sequestration in the cheapskate testing laboratory with the The Bodacious Retirement Budgetary Worksheet.
Jeff Yeager's new book is an eBook-only release entitled "Don't Throw That Away" is all about creative ways to reuse stuff rather than just trashing it, saving you money and helping to save the environment at the same time. And it talks about how to repurpose just about anything, from "Airsickness Bags" to "Zippers," according to the Index in the book. In addition to tons of practical tips, it also talks about the environmental impact of our throwaway society.
He's at it again, but this time he's not alone. America's Ultimate Cheapskate is back with all new secrets for how to live happily below your means, á la cheapskate. For The Cheapskate Next Door, Jeff Yeager tapped his bargain-basement-brain-trust, hitting the road to interview and survey hundreds of his fellow cheapskates to divulge their secrets for living the good life on less.
Thinking Money Over the Holidays
Wednesday, 17 December 2014 21:37:47 +0000
Thinking Money is an intriguing scientific look at our attitudes and behavior when it comes to earning, spending and saving. The money lessons youâ€™ll learn will serve you well throughout the year, but particularly during the holiday season, when spending can easily escalate from â€ścelebratoryâ€ť and â€śgenerousâ€ť to â€śWhat the heck was I thinking?!â€ť And when preparing financial resolutions for the New Year, watching Thinking Money will make it all that much easier.
Thinking Money examines the relationship between â€śclassical economicsâ€ť or â€śrational economicsâ€ť (e.g., â€śI know I need to save for my college fundâ€ť) and â€śbehavioral economicsâ€ť (â€śI canâ€™t possibly save any money for college this month because that sale on Xboxes isnâ€™t going to last forever!â€ť)
Thinking Money is an intriguing scientific look at our attitudes and behavior when it comes to earning, spending and saving. The money lessons you'll learn will serve you well throughout the year, but particularly during the holiday season, when spending can easily escalate from "celebratory"ť and "generous"ť to "What the heck was I thinking?!"ť And when preparing financial resolutions for the New Year, watching Thinking Money will make it all that much easier.
Thinking Money examines the relationship between "classical economics"ť or "rational economics"ť (e.g., "I know I need to save for my college fund"ť) and "behavioral economics"ť ("I can't possibly save any money for college this month because that sale on Xboxes isn't going to last forever!"ť)
Understanding what's going on in your brain when you make an impulse purchase, or choose one product over another, or decide to save rather than spend, is not only fascinating but also will help you make rational financial decisions even when part of your brain is steering you in a not-so-rational direction.
For example, one of the studies highlighted in Thinking Money shows that study participants who consciously visualized and thought about themselves growing older (in this case with the assistance of specialized aging simulation goggles) said that they'd set aside about twice as much money for retirement than those who didn't participate in the aging visualization exercise. Out of sight, out of mind, I guess.
After watching Thinking Money, take a couple of minutes more to tune in to my weekly AARP YouTube show, The Cheap Life. In our newest episode (below) I talk money, answering questions from viewers about topics from the advisability of maintaining an old-fashioned savings account to what I'd do with a surprise inheritance if one landed on my doorstep.
So don't be a Scrooge this holiday season, but do remember that the true joy of this season really has nothing to do with shopping or spending money. As the Grinch himself discovered in Dr. Seuss's How the Grinch Stole Christmas!, "Then the Grinch thought of something he hadn't before! What if Christmas, he thought, doesn't come from a store. What if Christmas "¦ perhaps "¦ means a little bit more!"ť
Also of Interest
- Be Thankful, Not Wasteful
- 6 Places to Never Use Your Debit Card
- Get Involved: Learn How You Can Give Back
- Join AARP: savings, resources and news for your well-being
See the AARP home page for deals, savings tips, trivia and more.
Make Your Own Mulch
Tuesday, March 3, 2015
You can make your own mulch by shredding, crushing, chopping and/or decaying organic matter such as leaves, pine needles, grass clippings, paper, and tree limbs, branches and twigs. As opposed to compost, mulch is not as far along in the decomposition process, and it's intended to lie on top of the soil, whereas compost is mixed into and becomes the soil. Mulch inhibits weed growth and helps retain moisture so you can water your garden less.
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