Affluenza: The All-Consuming Epidemic

John de Graaf and his co-authors report in their book, Affluenza: The All-Consuming Epidemic, that four million pounds of raw material, such as mined ...

Americans Plan to Scale Back on Holiday Spending This Year

A Gallup poll taken back in October asked Americans to predict how much they’ll spend on Christmas gifts this year. The average came out to $805. ...

Estate of Social Worker Leaves Millions to Charity

After Alan Naiman died of cancer at 63, he left most of his estate to a variety of charities serving children with various needs. This came as no surprise ...

Millennials Are Spending More on Coffee than Retirement Plans

If you've ever had to wait in a long line at your local Starbucks, you probably already know—millennials spend a lot of money on coffee. But ...

Librarian Leaves Millions of Dollars to University

Robert Morin, a cataloguer at the University of New Hampshire's library, "lived a simple, frugal life," complete with TV dinners and a car ...

Spending Habits of Women

A Harris Interactive poll of 1,202 women asked the following question: "Which spending habits do you find hardest to break?"

Eating out or getting takeout—49 ...

Profitable Waste

The lottery promotes the interesting moral notion that if people are inclined to waste their money, the government should make it fun for them. And take ...

Bread and Silver

Wesley limited his expenditures by not buying the kinds of things generally considered essential for a man in his station of life. In 1776 the English ...

Contentment Is Cheaper

The best way to make your old car run better is to learn the price of a new one.

Independence Through Frugality

I have a friend who has done a very interesting thing. He has lived frugally and saved sacrificially in order to have a cash account larger than his yearly ...