Skip to Content

Find your next home with Luxist's "Estate of the Day"

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.

Vote Now For the Readers' Choice Best in Food Awards
Nominations have been received and vetted for the best-of-breed in gourmet grocers, online gourmet ...
Zingerman's Bakehouse: Artisan Bread and Pastry from Ann Arbor
Zingerman's Bakehouse of Ann Arbor, Michigan, is nominated for a Luxist Award in the best bread ...

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.

    Jason Cochran
    Jason Cochran Filed under: Bargains, Extracurriculars, Transportation, Travel, Celebs & Money

    On board the new Oasis of the Seas: Is it worth the money?

    So here I am, writing this from off the coast of Florida as part of the first two-day preview cruise of the magnificent Oasis of the Seas. Royal Caribbean has launched the largest cruise ship in the ...
    Geoff Williams
    Geoff Williams Filed under: Credit cards

    Citigroup holds its customers hostage

    Across the nation, Citibank credit card holders are receiving what pretty much amounts to a ransom note: We're going to raise your rates, says the letter, in so many words, but if you spend more ...
    Bonnie McCarthy
    Bonnie McCarthy Filed under: Budgets, Kids and Money, Saving Money, Technology

    Family budgets: Make movie night safe again with family-friendly review sites

    Around my house, we don't make the decision to pile into the car and head over to our local Cineplex as easily as we once did. It costs a lot of money these days to see talking animals, wild things ...
    Madhusmita Bora
    Madhusmita Bora Filed under: Transportation

    Shop the friendly skies? The airlines are hoping you'll buy while in the sky

    Along with sandwiches and soda, you may one day be able to buy tickets to Lion King and Animal Kingdom while cruising 35,000 feet above ground. A New York Times story reported that the airline ...

    Banking Tools

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

      Headlines from WalletPop Partners