The Cheapskate Next Door: The Surprising Secrets of Americans Living Below Their Means

Yeager (The Ultimate Cheapskate’s Road Map to True Riches) is back with another energetic, likably eccentric lesson on living happily well below your means. Interviewing a variety of self-professed cheapskates, he finds—despite a diversity of lifestyles, backgrounds, and beliefs— common practices and philosophies when it came to money; their knowledge of how to live on less has insulated them from the economic crash. He presents their tips on frugal living in grocery shopping, entertainment, and sensible parenting, but the real value is in Yeager’s persuasive argument that an onset of “Spending Anxiety Disorder” is good for our wallets, our communities, and the environment. If we change the way we think about “want” vs. “need,” we can focus our time and attention on the truly valuable things—family, charity, passions, the early retirement that will make enjoying them longer possible—and if we consume sparingly, thoughtfully, and fully, our possessions will not consume us. Yeager and his “Miser Advisers” are proof that living more frugally isn’t about sacrifice—it’s about making choices every day to live a better, happier, more thoughtful life with less. (July)