Wanted: Your Best Tips for Saving Money

We all have ways of saving a buck — maybe a lot more — through savvy shopping or careful planning. Perhaps you picked up these moves over the years; maybe you just learned about them. Whether your tips are old or new, we want to hear about them, to share with other readers. We’re looking for savings for the home — from the kitchen to the garden — on health care, beauty, fashion, home decorating and personal technology, as well as travel and entertainment. Please …

Are You a Saver or a Spender? Find Out Why

What makes one person focus on saving for his or her future, while another is totally oblivious and winds up hopelessly in debt? It turns out that our relationship with money is much more complex than we think. Debunking conventional wisdom In the 1996 best-selling book, The Millionaire Next Door, authors Thomas Stanley and William Danko revealed some little-known behaviors of the majority of millionaires. While millionaires, of course, were often high income earners, they were also hoarders who rejected the big-spending lifestyle. They tended to …

Lifestyles of the Rich and Frugal

“If you buy things you do not need, soon you will have to sell things you need.” That sounds like something any one of the hundreds of proud, self-proclaimed “cheapskates” I’ve written about over the years would say. And it is a major tenet of living a frugal, simpler life — one which, I would argue, is ultimately happier, less stressful and more rewarding. But it may surprise you to learn that those words were actually spoken by none other …

How to Be a Charitable Cheapskate

It’s the kind of news story that makes national headlines every year or two: A person of seemingly modest means secretly amasses a small (or not so small) fortune while leading a frugal lifestyle, only to reveal that wealth by giving it all away to charity. The latest jaw-dropper came from 98-year-old Jack MacDonald of Washington state. He died in September and left a surprise fortune of $187.5 million to Seattle Children’s Research Institute, the University of Washington School of …

Check Out These Affordable College Care Package Ideas

If you have kids or grandchildren away at college, they’re likely to be feeling a little homesick right about now.  Care packages from back home are always appreciated, but they mean even more as students get settled into campus life.  Here are some ideas for putting together college care packages that student will love, but won’t break the bank. Unused Gift Cards: Every year about $2 billion in gift cards go unredeemed.  If you’ve been given a gift card that …

The Man Who Invented Target

From the time that F.W. Woolworth invented the five-and-dime store in the late 19th century, Americans have always been crazy about low prices. But it was Douglas J. Dayton and his family’s Target chain of stores who sold Americans on the idea that buying inexpensive wares at a discount store could be fashionable as well as frugal. When Target opened its first store in Roseville, Minn., in 1962, a newspaper ad announced: “Here’s news for people whose taste runs to …