Lauren Weber’s father is cheap. Really cheap. He kept the thermostat at 50 degrees during the winter. When driving, he used hand signals to indicate he was turning to avoid burning out the headlight bulbs. He washed dishes in cold water to keep the hot water bill down. As a child, Lauren hated how cheap her father was. But she grew up …
I was sitting in the park across the street from the University of Chicago Booth School of Business this morning, after a visit with Steve Levitt and before a lunch date with Dick Thaler. (Am I a friggin’ econonamedropper or what?) At least, I was trying to sit there and answer some e-mails, but every time I stayed more than about two …
The tech-savvy Generation Y shopper assumes quite a lot: Tons and tons of choices will be a few quick clicks away, the shipping will be free, there will be online customer ratings at their disposal, and so on. Exactly what, where, how, and why do these consumers buy, and how are retailers reacting to the way they shop? A new book offers insights.
A true cheapskate disregards the term “disposable.” With a little effort—and a heap full of pig-headed, tight-wadded stubbornness—things like plastic utensils, paper cups, aluminum foil, and yes, razor blades, can be used again and again and again.
“You can do more for yourself than I can do for you.”
Through September 24, you’ll save an extra 20 percent off of any Old Navy purchase, so long as you spend at least $100. Use the coupon code ONSAVESOME at checkout. More details here.
In the last 15 years, Suzanne Agasi has bought a grand total of two pairs of jeans—and she loves jeans. Most of Agasi’s wardrobe comes free of charge from clothing swaps she’s helped organize as the founder of Clothing Swap.
The website FoolProof uses videos and straightforward messages to warn young people (and everyone else, really) about the hazards of debt, interest, bouncing checks, and more.
Read more about the website at this story, which includes the site’s top financial myths:
–I don’t have to worry about credit at my age.
–Bad credit can’t
A loyal reader of the Curious Capitalist has asked me to post a story I wrote for Time.com. Since I’m here to serve:
Conventional wisdom says if you want to be richer, a useful thing to do is get married. Life is cheaper when there’s only one mortgage to pay and someone else can do certain tasks — cooking, say, or car repair — more
Buy one regularly priced suit from Jos. A. Bank and you’ll get two more suits for free. It’s a special three-day promotion that ends on Wednesday, September 23. More details here.
Because debit cards deduct money directly from the cardholder’s bank account, it’s not possible to pile up debt like you can with a credit card. But debit cards are not without risk: Overdraft fees, which card issuers assess when customers spend more than the balance in an account, routinely cost $35 a pop, in some cases adding up to …
When you lose your job, why not take a hike? When your economy tanks, why not embrace the deals at Wal-Mart?