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What is Living the Cheapskates Way?

Cheapskate - 
a person who is wise with their money and lives life 
debt free, cashed up and laughing
​Ok, that isn't the official definition of a Cheapskate, but it is mine. Over the years I've been asked

many times what is a Cheapskate and that answer is simple.

*A Cheapskate is economical in the use of money, goods and consumable items. 

*A Cheapskate avoids unnecessary expense of money or of anything else that is to be used or consumed. 

*A Cheapskate is sparing, not extravagant or lavish, but they don't deprive themselves of needs or wants. 

*A Cheapskate lives by the creed of: Beware of little expenses; a small leak will sink a great ship . Benjamin Franklin. 

*A Cheapskate always gets the most from every dollar. 

*As a Cheapskate, frugality is always virtue! 

But the thing that really sets Cheapskates apart from spendthrifts is the choices they make.  

A Cheapskate chooses to live the Cheapskates way. They choose to save money on the things that aren't important to them so they have the money to enjoy the things that are.

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  • Home
  • Join the Club!
    • Twenty Reasons to Join the Cheapskates Club
  • About Us
    • Cath's Story
    • Ask Cath
    • Glossary of Cheapskating Terms
  • Forum
    • Current Forum Discussions
    • How to Use the Member Forum
  • Inspiration
    • Getting Started
    • 31 Days of MOO Index
    • Articles
    • Housekeeping Routines
    • Budget Renovations
    • Saving Stories
    • Learning Centre
  • Recipes
    • Recipe File Index
    • Meal Plans
    • Add a Recipe
    • $300 a Month Food Challenge >
      • $300 a Month Food Challenge
      • The $300 a Month Food Challenge Forum
  • Newsletters
    • Newsletters 2023
    • Newsletters 2022
    • Newsletters 2021
    • Newsletters 2020
    • Newsletters 2019
    • Newsletters 2018
    • Newsletters 2017
  • Saving Money
    • Latest Tips 2023
    • Latest Tips 2022
    • Cheapskates Tip Store
    • Tip Sheets
    • Top Tip Competition
  • Contact
    • Changing Details
    • Help Files