There are a number of New Year’s resolutions that you can expect many Americans to make each year–lose weight, quit smoking, eat better, save money. As far as that last resolution goes, I expect that in 2012 we’re going to start hearing more about a new kind of saving money–becoming an extreme cheapskate.
Yes, first there was extreme couponing–the practice and the show on TLC. Now TLC has upped the “extreme” ante with its new show called “Extreme Cheapskates.”
Some of the antics of these extreme cheapskates include reusable toilet paper and asking strangers at a restaurant if you can take home their leftovers. (Um, if you’re really a cheapskate, what are you doing eating out at a restaurant, unless you’re also an extreme couponer and you’re eating out for free, thanks to coupons.) Hearing this makes me think of the ultimate cheapskate bible from way back when–The Complete Tightwad Gazette
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Finding out that TLC is focusing a show on cheapskates brought me back to a blog post I wrote nearly four years ago, in which I discuss the differences between frugality, cheapskates, tightwads and others.
What inspired this long ago discussion? A survey from Wharton Business School that asked, “Are you a tightwad, frugal or a spendthrift?” In surveying 13,000 Americans about these three “labels,” they determined that people who fit into one of these categories have very different personality traits. Here are some of their findings: Read more »