Turn Your Car Payment Into a Savings Strategy

I noticed an interesting article from the Detroit Free Press about a trend that doesn’t bode well for the auto industry, but speaks to America’s new frugality. It also reminded me of an old cheapskate tip for building your savings or retirement accounts in relatively painless fashion. The article discussed new research by the Michigan-based firm R.L. Polk that shows that Americans who buy new cars are now keeping those cars for almost six years. Having never bought a new car …

The Takeaway: Boomers Could Be the Last 401(k) Generation

401(k) plans were supposed to fill in the gap left by the decline of traditional pensions. But retirement experts largely agree that the 401(k) plan has been sort of a failure.

Extreme Cheapskates: Behind the Scenes

You know a social phenomenon has officially arrived when reality-TV picks up on it. Like a lot of folks, I’ve been living the frugal life for many years, since long before the “Great Recession” made thriftiness cool.  For me, it’s never been about whether the economy (or my personal bank account balance) was fat or lean.  I’ve just never believed in wasting money or other resources.  I don’t believe that doing so makes you any happier, and ultimately it’s just …

12 Ways to Save $12 a Week in 2012

I had a nightmare on New Year’s Eve, a weird fusion of Herman Cain lecturing me about his 9*9*9 tax plan and an ancient Mayan princess warning me that the world will end on 12*12, all the while a toucan fed me Coco Puffs atop a Mayan temple.  Maybe too much champagne? When I woke on the first day of the New Year, I knew what I had to do:  Share 12 ways you might be able to save $12 …

5 Tips for a Fabulous & Frugal Christmas Tree

I’m always hit with a little wave of Charlie Brown anxiety when we head off to buy the family Christmas tree shortly after Thanksgiving. Like Charlie, somehow I just know that the trees we’ll find can never measure up to the vision of the perfect Christmas tree I have in my mind’s eye. But this year I’ve done my homework on tree shopping and getting the best bang for your “tree buck,” so I have hope anew. Here’s what I …

10 Tips to Drive Down the Cost of Driving

With gas prices sitting at all-time highs for this time of year, there’s really no getting around the price of getting around. And if you’re traveling long distances for the upcoming holidays, it’s important to pick up all the tips and tricks you can to help drive down the cost of driving. Here are my top ten favorite tips to keep your car running smoothly (for less!). Use the right gas: Are you sure that you’re using the best gasoline …