Skip to Content

New to the Mac? Check out TUAW's Mac 101

Is 'cheap' a dirty word? Being a cheapskate is an all-American virtue

More
Text SizeAAA

Filed under: Bargains, Saving Money, Recession, Video, Economizer

When it comes to being frugal, Lauren Weber wrote the book.

As the author of "In Cheap We Trust: The Story of a Misunderstood American Virtue," just published by Little, Brown, she takes a long, affectionate look at thriftiness.

She was raised by a dad who was so cheap, he would literally ration toilet paper in the family home. But she didn't spend her life complaining about it. In fact, her dad's miserly ways inspired a thoughtful, researched book about his mentality. Weber learned that while it annoyed her as a child, now that she's an adult who pays her own way, she sees virtue in being careful about wasting what you buy and in re-using what you already have.

Weber, looking like a million bucks in a smart thrift-store outfit, paid a visit to WalletPop's studios to talk about the culture of thrift. In a conversation with Jason Cochran and Andrea Chalupa, Weber reveals some surprising facts about skinflints in the United States.

Cheap is not a dirty word! For one, did you realize that we owe our nation's independence to the fact that our Founding Fathers were devoted to stretching every pound they had?

When did we become so wasteful as a country? How can we save money and still look respectable to our friends and family, and is it possible to take thrift too far? Is it cool to be cheap again (oh, please, say it is)?

Join the fun with our podcast. After all, it's free!

And ration your toilet paper with pride!

Subscribe to Walletpop

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

What are the Next Hot-Spots in the Luxury Resort Scene?
Luxist Awards asked three of our Expert Panelists, all veterans of the travel industry, about the ...
The Luxist Awards for Best Accessories
Do you know of a magnificent jewelry line with pieces that are to die for? Which is the finest ...

Savings Account Basics

Don't know the difference between an APR and APY? Want to know which options are available for savings accounts? Click below to find those answers and more.

    Geoff Williams
    Geoff Williams Filed under: Banks

    552 banks are currently at risk for shutting down

    Could your bank fail? There's still a chance, but if you study the numbers, the odds are still highly in your favor that your financial institution will be sticking around. Earlier this week, the ...
    Amy Pyle
    Amy Pyle Filed under: Budgets, Home, Real Estate, Saving Money, Mortgages

    Want a smaller home? What would you give up?

    Survey after survey shows that, in the name of affordability, post-crash home buyers are opting for less square footage -- down 100 square feet or more on average. People can't afford a big house ...
    Zac Bissonnette
    Zac Bissonnette Filed under: Real Estate, Mortgages

    What to look for if selling your home with seller financing

    Think rich people pay cash for 8-digit trophy homes? Think again. According to the Malibu Real Estate Blog, there are 18 homes in the Malibu market where sellers have specifically noted in the MLS ...
    Ann Brenoff
    Ann Brenoff Filed under: Real Estate, Black Friday

    A Black Friday real estate deal, of sorts

    Not to be left out of the Black Friday hype, Beazer Homes is offering special Black Friday deals at five of its Orlando-area communities. What's being given away is up to $2,000 in "free" ...

    Banking Tools

    Use these bank account calculators and tools to help you make the smartest bank account moves.

      Headlines from WalletPop Partners