The virtues of being CHEAP
June 18, 2010
Americans are spending less due to the recent recession, but pinching a penny is a longtime virtue. Our guest journalist LAUREN WEBER grew up with a tightwad father – he didn’t like to use the family car’s brakes as the pads would later need to be replaced; and reused his tea bags up to ten or twelve times. Weber has taken her childhood experiences and has examined our country’s history of thrift and what was behind the aphorisms of famous Americans like Ben Franklin, and has written a book, In Cheap We Trust: The Story of a Misunderstood American Virtue.