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Book Review of Penny Pinching: How to Lower Your Everyday Expenses Without Lowering Your Standard of Living

Penny Pinching: How to Lower Your Everyday Expenses Without Lowering Your Standard of Living
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I found this book to be sort of a guide to reducing costs for the living-above-their-means-but-don't-want-to-really-give-anything-up set. It's a much less extreme approach than The Tightwad Gazette or even Jonni McCoy's books. For instance, the authors assume that you do not want to give up brand-name food, that you trade your car in for a new one every 3-4 years, and that you only want to buy new clothes. Thrift stores and garage sales aren't even mentioned in the chapter on saving on clothing. Some of the information is also a little dated (as one might expect from a 1997 book).

But there are still some good ideas. The appendix on budgeting makes creating a budget a little less scary. There were also some tips that I was not aware of (largely because I had not concerned myself with those areas). I did learn some things, but I wouldn't put this on my must-read shelf of books on frugality.