Thriftaholic Tells All On Money-Saving Gift Ideas

December 2, 2010

 
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December 2, 2010

Commentator Annie Korzen is a lifelong cheapskate. Leading up to the holidays in the current economy, she finds that some of her friends are coming around to her way of thinking. Korzen is the author of Bargain Junkie: Living the Good Life on the Cheap.

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RENEE MONTAGNE, host:

Austerity comes naturally to commentator Annie Korzen. She says the current economy has a lot of people dreaming of a thrifty holiday.

Ms. ANNIE KORZEN (Author, "Bargain Junkie: Living the Good Life on the Cheap"): I have been a frugalista all my life. My wealthier friends used to mock me for being a cheapskate, but times have changed, and now my not-quite-so-wealthy-anymore friends are calling me for tips on saving money. I've spotted a few of them prowling the thrift stores for designer labels. They are even re-gifting.

Recently, a friend who's always been known for her lavish presents brought me some scented candles as a hostess gift. I guess she forgot that she got them from me.

For a thriftaholic like myself, the holidays are a real challenge. So much pressure, so much excess and so much greedy materialism. Plus, I have a dirty little secret: I hate presents. I hate giving them, I hate unwrapping them and having to pretend that I like them. Wow, a vegan cookbook. I've been wanting one of these.

But running the gift-giving race seems inevitable this time of year, so I've learned to make the best of it without spending a fortune. I rarely buy retail. Instead, I find low-price treasures all year round at yard sales and thrift shops. Eventually someone will appreciate that mid-century fondue set or that Bakelite bracelet or those vintage lace hankies.

I sometimes give services instead of goods - like the time I coached my neighbor in public speaking. And she gave me a home-cooked chicken dinner delivered, which was a welcome gift since I would pay extra for a house without a kitchen.

Cheapskates like me hate waste, so I never buy wrapping paper that just ends in the trash. Some Martha Stewart types save it all for crafts projects, but I am allergic to crafts projects. Instead, I use those gift bags that are two for a dollar at the discount stores. I never write on the message tag, so the recipient can use the bag again.

I am not a total scrooge. I do love those twinkling lights on the darkest days of winter. One tradition that we share with friends is a nighttime walk along the Venice canals in Los Angeles, with views of quaint little bridges, duck-filled waterways and colorful holiday lights. It's a lovely holiday experience that doesn't cost a dime - until we pig out at the local Thai restaurant.

And there is one present that even I enjoy giving. Every Christmas I renew a donation of $25 a month to sponsor an 11-year-old girl in a poor African village. That money makes it possible for her to go to school. It's the perfect gift for me - no shopping, no wrapping, and I am pretty sure it's truly appreciated.

MONTAGNE: Commentator Annie Korzen is the author of "Bargain Junkie: Living the Good Life on the Cheap."

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