In today's economy, many people are struggling just to live paycheck to paycheck.
In response, author Jeff Yeager is teaching Americans how to stretch their dollar, and how to be more of what he calls a "cheapskate."
From appearances on prime time television, to articles in top men's magazines, the self-proclaimed penny-pincher is single-handedly transforming the word "cheapskate" from an ugly word into a movement.
In his book, The Cheapskate Next Door, Yeager shows readers how to live happily below their means.
Click play for Yeager's comments to CBN News on how any American can weather the recession and live happily on less. Also, visit his Web site for more tips.
"Sure, you can afford to spend more," Yeager said. "But it won't make you ultimately feel better."
Yeager's book documents common characteristics and practical tips from thousands of frugal Americans - from how to eliminate college tuition expenses to how to save on your next wide-screen TV.
His book features hundreds of tips that could save you more than $25,000 in a single year.
**Originally published August 13, 2010.