cover image The Ultimate Cheapskate's Road Map to True Riches: A Practical (and Fun) Guide to Enjoying Life More by Spending Less

The Ultimate Cheapskate's Road Map to True Riches: A Practical (and Fun) Guide to Enjoying Life More by Spending Less

Jeff Yeager, . . Broadway, $12.95 (241pp) ISBN 978-0-7679-2695-9

Departing from the “get rich” mantra of many personal finance books, Yeager, once dubbed the “Ultimate Cheapskate” by NBC's Today Show , instead advises readers to shift their priorities and live well on less in this sensible guide to frugal living. Yeager himself retired from a career as a nonprofit executive at age 46 by saving on expenses large (he and his wife renovated their home themselves and exercise and eat well to cut down on medical costs) and small (he soft-boils his eggs in the dishwasher during the wash cycle). Embedded in the sometimes juvenile humor and aw-shucks prose are some original ideas for conserving cash, such as trying a “fiscal fast”—going a full week or more without spending any money. Most of all, he urges readers to free themselves from the “Money Step,” the endless dance of having to earn more in order to spend more. By emphasizing the virtues and satisfactions of living cheaply, Yeager convincingly makes the case that frugality can free more time and cash for life's true pleasures—a passion-filled career, hobbies and giving back to one's loved ones and community. (Jan.)