Cheapskate Jeff Yeager to visit Morenci 8.6

Written by David Green.

They used to call him a cheapskate. Now Jeff Yeager is just looking practical.

All right, so Yeager is still known as a cheapskate—the Ultimate Cheapskate, according to Matt Lauer of NBC’s Today show—but his approach to life is looking more and more sensible to a lot of people facing tough economic times.

Yeager will talk about his life as a cheapskate when he visit’s Morenci’s Stair Public Library at 1 p.m. Aug. 14. The Grand Rapids, Ohio, native is back in his home area for several appearances in Toledo Public Library branches and he agreed to make a visit to Morenci to present his humorous approach to living on the cheap.

Yeager wrote his book, “The Ultimate Cheapskate’s Roadmap to True Riches,” two years ago and it finally made it off the press early this year, about the time that economic hardships were becoming more and more apparent for many Americans.

There’s a silver lining to tough times, he said. It forces many people to reign in their spending habits.

“Most people would be happier if they spent less money and bought fewer things,” Yeager said in an interview Monday.

During the economic expansion of the 1990s, two things happened, he said: Americans went further into debt than any previous generation, and they didn’t become any happier.

“They became stressed out and they wanted more,” he said.

It’s odd, Yeager said, how in the last few years shopping has been billed as a patriotic duty—go out and buy more. If that’s the case, he says the most patriotic thing would be to buy something that’s going to break right away or something that’s going to soon become obsolete. This will lead to more trips to the store.

Yeager brings some humor to his financial philosophy, but he realizes there are people who are losing their jobs, losing their houses and genuinely hurting.

At a talk he gave recently, a woman wasn’t so keen on his light-hearted approach. She was nearly crying when she told how her family was forced to cut back. How had it affected them? They had to cancel their cable television service...

  • Front.bridge Cross
    STEP BY STEP—Wyatt Stevens of Morenci makes his way across a rope bridge Sunday during the Michigan DNR’s Great Outdoors Jamboree at Lake Hudson Recreation Area. The Tecumseh Boy Scout Troop constructed the bridge again this year after taking a break in 2016. The Jamboree offered a variety of activities for a wide range of age groups. Morenci’s Stair District Library set up activities again this year and had visits with dozens of kids. See the back page for additional photos.
  • Front.bridge.17
    LEADING THE WAY—The Morenci Area High School marching band led the way across the pedestrian bridge on Morenci’s south side for the annual Labor Day Bridge Walk. The Band Boosters shared profits from the sale of T-shirts with the walk’s sponsor, the Morenci Area Chamber of Commerce. Additional photos are on the back page.
  • Front.eclipse
    LOOKING UP—More than 200 people showed up at Stair District Library Monday afternoon to view the big celestial event with free glasses provided by a grant from the Space Science Institute. The library offered craft activities from noon to 1 p.m., refreshments including Cosmic Cake from Zingerman’s Bakehouse and a live viewing of the eclipse from NASA on a large screen. As the sky darkened slightly, more and more people moved outside to the sidewalk to take a look at the shrinking sun. If you missed it, hang on for the next total eclipse in 2024 as the path comes even closer to this area.
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  • Front.rest
    TAKE A BREAK—Last Wednesday’s session of Stair District Library’s Summer Reading Program ended with a quiet period in a class presented by yoga instructor Melany Gladieux of Toledo. Children learned a variety of yoga poses in the main room at the library, then finished off the session relaxing. Additional photos are on page 7. Area children are invited to visit the library today when the Michigan Science Center presents a flight program at 11 a.m. and roller coasters at 1 p.m.
  • Front.batter
    THE DERBY—Tyler “Smallpox” Flakne of Minnesota’s Home Run League All-Stars goes for the fence Friday night during the National Wiffle League Association’s home run derby in Morenci. This year the wiffleball national tournament moved from Dublin, Ohio, to Morenci’s Wakefield Park. During the derby, competitors had two minutes to hit as many home runs as possible. The winner this year finished with 21. See page 6 and 7 for additional photos.
  • Front.green Screen
    OUT OF THIS WORLD—Elizabeth McFadden and Elise Christle pose in front of the green screen as VolunTeen Noah Gilson makes them appear as though they are standing on the Moon. More photos from the Stair District Library’s NASA @ My Library program are on page 12.
  • Front.fireworks
    FIREWORKS erupt Saturday night over Morenci’s Wakefield Park during the waning hours of the Town and Country Festival. Additional festival photos are inside.
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