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Sunday, May 24, 2009

The Complete Tightwad Gazette (Vol. I)

Title: The Complete Tightwad Gazette (Vol. I)

Author: Amy Dacyczyn

Pages: 300

Genre: Personal Finance, Self-Help

Grade: B+

Synopsis: Amy Dacyczyn (aka the Frugal Zealot) published The Tightwad Gazette as a newsletter from June 1990 to December 1996. This book was created as a collection of all the tips and stories from the newsletters. It is split up into three parts (of which so far I have read only one) of about 300 pages each. The book covers ways to save money in hundreds of unique and imaginative ways.

My Review: This book has a long waiting list at the library so I was only able to cover Volume I during my allotted time. I think that it's probably for the better to split it up anyway. I really enjoyed the tips and tricks in the book and plan on utilizing many of them in my life. In fact, I'm going to try and post frugality/personal finance tips and tricks weekly on Lurp's Lounge (my regular blog). I took copious notes from this book and plan on sharing many of them with you, gentle reader. If you ever find a used copy, pick it up and it will quickly pay for itself as you practice increased frugality.

From the Book: "(p. 54) Tightwaddery without creativity is deprivation. When there is a lack of resourcefulness, inventiveness, and innovation, thrift means doing without."

"(p. 152) The manufacturing of most goods harms the environment in one way or another. The culprit is not the factory, but it is we who buy what it produces. Therefore we should think carefully about items we purchase."

"(p. 216) Jim purchased a brand-new book called How to Fix Damn Near Anything. In horror I discovered a $15.95 price tag on the inside of the jacket. Upon interrogation he confessed that he purchased it at the thrift shop for $.25." (My note: I actually purchased this book at full price for my birthday last year. How embarrassing.)

"(p. 228) So how do we sort it all out? The relationship between ethics and thrift can be summed up in just one sentence. It is wrong to save money at the expense of others. Period."

"(p. 232) The dieter will fail as long as he hates low-calorie food. The would-be athlete will fail as long as he hates exertion. The tightwad wannabe will fail as long as he views frugality as a lifestyle he has to endure, or was forced into by circumstance."

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