Extreme Cheapskates: Tightwads Revel In Frugality
By ANNE D'INNOCENZIO
NEW YORK (AP) — Amy VanDeventer has always been a cheapskate. The recession is taking her to new extremes. Before the economy tanked, she was still wearing maternity clothes from her last pregnancy, clipping coupons and using hand-me-downs to dress her daughters, ages 2 and 3. Now, she's salvaging bagel scraps left on their plates for pizza toppings and cutting lotion bottles in half so she can scrape out the last drops. "I was already cheap," said VanDeventer, a 36-year-old mortgage loan underwriter from Broomfield, Colo. "Now I am neurotic about it." If you thought those cheapskate friends and relatives couldn't pinch pennies any tighter, think again. The recession is making tightwads like VanDeventer cut back even more. They're going way beyond sharpening their coupon scissors, replacing already cheap store-brand fabric softener with vinegar and even making their own detergent. VanDeventer was drying her hair in front of a fan after her portable hair dryer broke — until her friends bought her a new one. The recession is radically changing behavior among many different types of people, from the Wall Street bankers who are now waltzing into Wal-Mart for the first time to buy their groceries to teens who are now thumbing through the piles of status jeans at secondhand shops to save money. And experts say that such behavior could linger long after the economy recovers.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
-
China Passes Germany as Worlds Top Exporter
New York Times
-
Honda issues global airbag recall
BBC
-
Germany Weighs Greek Support in Pre-Summit Switch (Update1)
BusinessWeek Online
-
Clive Palmer Clarifies His $60B China Coal Sale
Forbes.com: Business News
-
Ore Increases Boost Steel Prices
The Wall Street Journal.
-
Storm over bailout of Greece, EU's most ailing economy
Latest Business News from Times Online
-
Square Feet: Changing a Culture by Removing Walls
New York Times
-
Paulson Tells Buffett Banks to Repay ‘Every Penny’ (Update2)
BusinessWeek Online
-
Tuesday Reads
The Big Picture
-
ESPN Plays Up Web for Live Sports
The Wall Street Journal.
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,058.64 | 1,070.52 | 2,150.87 | 36.33 |
Oil *
72.02
|
|
UP
150.25
|
UP
13.78
|
UP
24.82
|
UP
0.41
|
10 Yr
3.63%
SPDR Gold
105.45
|
|
+1.52%
|
+1.30%
|
+1.17%
|
+1.14%
|
Data delayed 20 minutes |
More From TheStreet
Latest HeadlinesBrokerage Partners
Sponsored Links














