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Book Review: 'The Cheapskate Next Door'

At the start of the recession, Jeff Yeager became well-known in personal finance circles as the self-proclaimed Ultimate Cheapskate, publishing his first book, "The Ultimate Cheapskate’s Road Map to True Riches," and then walking his talk by bicycling the 3,000 miles of his book tour, crashing on couches and in tents the whole route.

Apparently, during all those overnight stays in the rooms of children of cheapskate parents who hosted him, Yeager picked up a few secrets.

He realized, he explains in his latest book, "The Cheapskate Next Door: The Surprising Secrets of Americans Living Happily Below Their Means," that his cheapskate hosts were very diverse in background …