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197: Jeff Yeager, "The Ultimate Cheapskate"

197: Jeff Yeager, "The Ultimate Cheapskate"

FromSo Money with Farnoosh Torabi


197: Jeff Yeager, "The Ultimate Cheapskate"

FromSo Money with Farnoosh Torabi

ratings:
Length:
42 minutes
Released:
Jul 27, 2015
Format:
Podcast episode

Description

What’s your definition of cheap? Do you think you’re cheap? Is the person you’re living with – cheap? I got into trouble once because I went on ABC news and talked about MY personal definition of cheap versus frugal…To me, being cheap means wasting time and energy to save money, being inconsiderate or rude or harmful in your pursuit of saving money. And as an example I mentioned some forms of extreme couponing. And boy did that get the couponers MAD! I got SO much hate email…! Now, not all couponing is bad. But I know there are people out there who spend hours a day to cut coupons and all they save is $20 or $30. $20 or $30 is not insignificant BUT when you account for all that time and energy and perhaps the fact that you were cutting coupons while your son needed your help with his science project…(I’m making this up!) that perhaps you’re not being frugal. You’re being CHEAP. And if you’re going to hate me for saying that, that’s OK by me! And all of this brings me to TODAY’s guest. Jeff Yeager, dubbed “The Ultimate Cheapskate” by Matt Lauer on NBC’s Today Show, specializes in teaching others how to spend smart in order to spend less and living frugally.  He is also an accomplished author of several books on the topic, including “Don’t Throw That Away!” “The Cheapskate Next Door” and “The Ultimate Cheapskate’s Road Map to True Riches”. He hosts The Cheap Life on YouTube which also provides video content about living the good life at a fraction of the cost. If you’re an AARP member, perhaps you may recognize today’s guest as he is one of their saving’s experts.  
Released:
Jul 27, 2015
Format:
Podcast episode

Titles in the series (100)

Host Farnoosh Torabi is an award-winning financial strategist, TV host and bestselling author. So Money brings inspiring money strategies and stories straight from today's top business minds, authors and influencers. What was their financial journey and how do they master their money today? Hear from inspiring individuals and learn about their financial philosophies, wins, failures and habits. Plus, their secret guilty pleasures. On Fridays, tune in as Farnoosh answers your biggest questions about money, career, guests, you name it. Submit your question for Farnoosh at www.SoMoneyPodcast.com.