On Sale: December 26, 2012

Unlike most retirement planning and lifestyle books that focus on investing – or at the other end of the spectrum, on how to get the senior discount on a Grand Slam Breakfast at Denny’s –  this new book from Jeff Yeager, America’s favorite cheapskate,  makes the compelling case that you can have a joyous, worry-free retirement by merely spending smart and focusing on what you truly want and expect out of retirement. 

Combining Yeager’s loveable humor and offbeat anecdotes that have garnered him an ever-growing fan base, How to Retire the Cheapskate Way shares with readers hundreds of retirement secrets and tips.

How to Retire the Cheapskate Way shares with readers hundreds of retirement secrets and tips, including:

·How to Simple-size Your Way to  a Better Retirement

·The 20 Secret Cheapskate Principles for Retiring Comfortably on Less...Maybe Even on Social Security Alone

·How to Survive the Medical Maelstrom (without resorting to DIY surgery at home)

·Plus Dozens of Fun Ways to Both Earn a Little Extra Income During Retirement and Painlessly Cut Your Expenses

Yeager, who serves as the official “Savings Expert” for AARP and its 40+ million members, weaves together both everyday practical tips and life-changing financial strategies with the real life stories of frugal retirees  as well as people of all ages who are working toward a better, earlier, happier retirement The Cheapskate Way.

Jeff Yeager, dubbed "The Ultimate Cheapskate" by Matt Lauer on NBC's Today show, is a very cheap guy. He re-cants, as opposed to decants, the wine he proudly serves his dinner guests, funneling cheap box wine into premium-label bottles. He believes you should never spend more than per pound on food items. And to save time and energy costs, he soft-boils his morning eggs along with the dirty dishes in the dishwasher.

"[Jeff Yeager] ...proves once and for all that living happily within your means is possible at practically any income."
—David Bach, #1 New York Times Bestselling Author of The Automatic Millionaire and Start Late, Finish Rich

"Jeff Yeager has a way of unleashing the inner cheapskate in us all!"
—Jean Chatzky, Bestselling Author and Financial Expert

"If you don't save ten times the amount you spend on this book, you probably didn't read it."
—Vicki Robin, Author of Your Money or Your Life

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Jeff Yeager and writer Adam Lucas have finally emerged from sequestration in the cheapskate testing laboratory with the The Bodacious Retirement Budgetary Worksheet.

Jeff Yeager's new book is an eBook-only release entitled "Don't Throw That Away" is all about creative ways to reuse stuff rather than just trashing it, saving you money and helping to save the environment at the same time. And it talks about how to repurpose just about anything, from "Airsickness Bags" to "Zippers," according to the Index in the book. In addition to tons of practical tips, it also talks about the environmental impact of our throwaway society.

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He's at it again, but this time he's not alone. America's Ultimate Cheapskate is back with all new secrets for how to live happily below your means, į la cheapskate. For The Cheapskate Next Door, Jeff Yeager tapped his bargain-basement-brain-trust, hitting the road to interview and survey hundreds of his fellow cheapskates to divulge their secrets for living the good life on less.

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Thinking Money Over the Holidays
Wednesday, 17 December 2014

The PBS documentary Thinking Money: The Psychology Behind Our Best and Worst Financial Decisions probably won't take root as a holiday tradition like gathering the family round to watch It's a Wonderful Life. But it's sure to be a worthwhile reprieve from binge-watching A Christmas Story and other holiday TV classics. For more information on when Thinking Money is airing and to watch short clips from the show, check out this website.

>> Discussion: What would you do with a sudden windfall of money?

Thinking about moneyThinking Money is an intriguing scientific look at our attitudes and behavior when it comes to earning, spending and saving. The money lessons you'll learn will serve you well throughout the year, but particularly during the holiday season, when spending can easily escalate from "celebratory"¯ and "generous"¯ to "What the heck was I thinking?!"¯ And when preparing financial resolutions for the New Year, watching Thinking Money will make it all that much easier.

Thinking Money examines the relationship between "classical economics"¯ or "rational economics"¯ (e.g., "I know I need to save for my college fund"¯) and "behavioral economics"¯ ("I can't possibly save any money for college this month because that sale on Xboxes isn't going to last forever!"¯)

Enter for a chance to win up to $10,000 to help make your dreams a reality!  See official rules

Understanding what's going on in your brain when you make an impulse purchase, or choose one product over another, or decide to save rather than spend, is not only fascinating but also will help you make rational financial decisions even when part of your brain is steering you in a not-so-rational direction.

For example, one of the studies highlighted in Thinking Money shows that study participants who consciously visualized and thought about themselves growing older (in this case with the assistance of specialized aging simulation goggles) said that they'd set aside about twice as much money for  retirement than those who didn't participate in the aging visualization exercise. Out of sight, out of mind, I guess.

After watching Thinking Money, take a couple of minutes more to tune in to my weekly AARP YouTube show,  The Cheap Life. In our newest episode (below) I talk money, answering questions from viewers about topics from the advisability of maintaining an old-fashioned savings account to what I'd do with a surprise inheritance if one landed on my doorstep.

>>  Get discounts on financial services with your AARP Member Advantages.

So don't be a Scrooge this holiday season, but do remember that the true joy of this season really has nothing to do with shopping or spending money. As the Grinch himself discovered in Dr. Seuss's How the Grinch Stole Christmas!, "Then the Grinch thought of something he hadn't before! What if Christmas, he thought, doesn't come from a store. What if Christmas "¦ perhaps "¦ means a little bit more!"¯

Click here to view the embedded video.

Photo: nito100/iStock

Staying Sharp: Keep Your Brain Healthy

 

 

 

 

Also of Interest


See the  AARP home page  for deals, savings tips, trivia and more.


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Make Your Own Mulch
Friday, December 19, 2014

You can make your own mulch by shredding, crushing, chopping and/or decaying organic matter such as leaves, pine needles, grass clippings, paper, and tree limbs, branches and twigs. As opposed to compost, mulch is not as far along in the decomposition process, and it's intended to lie on top of the soil, whereas compost is mixed into and becomes the soil. Mulch inhibits weed growth and helps retain moisture so you can water your garden less.

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