Thanks for voting!Daniel Webster may not approve, but tightwaddery’s our favorite new vocabulary word. It means cheapskate, frugal, or one who saves (we’ll take that as a compliment thank you very much). And for this frugal blogger, tightwaddery isn’t just a word. It’s a way of life.
We think it’s time for everyone to embrace their inner tightwad, in fact. Saving your money’s a great start, and it’s what the author calls “active” tightwaddery. Depriving yourself of the basics like eating out, not vacationing, no new clothes, etc.? That’s a little more the behavior of the passive tightwad. Which one are you?
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I save a lot, hate spending money, and painstakingly consider each purchase decision. I may be a tightwad, but I do sleep so much better knowing I have much more than just rainy day money set aside.