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, į 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.
Cheapskate Answers to Your Money Questions
Friday, 03 October 2014
When you write about personal finance for a living, lots of folks ask for your advice about their own money issues and problems. That places me in a difficult position because, while I'd like to help, in many cases there are just too many variables when it comes to offering good financial advice to people I barely know. And then there's the "How dare you!"¯ factor. That's especially common when you primarily give advice about the spending side of people's finances, like I do.
"How dare you tell me I shouldn't buy a new Lexus, and pay off my credit card debt instead? I have a reputation to uphold!"¯
"How dare you tell me that my kid should live at home and go to the local community college for two years, rather than the out-of-state school she wants to go to? It doesn't matter that I never set up a college fund for her, because student loans are easy to get!"¯
"How dare you tell me I should cancel our cable service, even though we're living paycheck to paycheck? What are we going to do for entertainment?"¯
You get the idea. Apparently, everyone wants to know how to reduce their spending without, well, spending less.
Yet the frantic questions keep coming, which is no surprise given the results of a new survey I just stumbled across. The survey, conducted by the personal finance website GoBankingRates.com, examined people's greatest fears in life and found that more people are scared of living paycheck to paycheck, falling into debt or becoming homeless because of financial ruin than are afraid of dying! When asked how often they worry about money, 1 in 3 respondents said "all of the time,"¯ which was the single most common response. With so much anxiety, fear and stress over personal finances, it's no wonder so many people have so many questions. Now, if they'd only listen to the answers.
Whether or not people agree with my cheapskate advice, I love to dole it out in special Q&A episodes of The Cheap Life, the weekly Web show I host for AARP. Check out this week's Q&A, in which I respond to viewers’ questions about preparing for retirement, going on a weeklong "fiscal fast"¯ and, one of my all-time favorite questions, "If everyone becomes a cheapskate like you, won't the world economy collapse?"¯
Leave me your questions here "” if you dare "” and stay cheap!
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Also of Interest
- Cost of Retiree Dental Plans May Give You a Toothache
- 6 Places Never to 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
Monday, October 20, 2014
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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