Time starts personal finance blog

The Cheapskate Blog by Brad Tuttle debuted on Time magazine’s Web site earlier this week as a place for consumers who want to find ways to save money.

Tuttle, a contributing editor at Budget Travel, plans to write about the best deals in dining, travel, shopping, sports and more. The Cheapskate Blog will include career and employment tips for our new economy, as well as offer sensible, practical and simple advice for saving.

In his first post, Tuttle writes, “What is my secret to saving money? The gist is: Don’t be a chump. The proverbial sucker born every minute is the person who buys—quite literally—into someone else’s idea of what are good, important, necessary things in one’s life. We’re talking about keeping-up-with-the-Joneses material here…This blog…will be different from the average consumer column. Usually, when the quote-unquote ‘savvy’ consumer sees something he wants to buy, he asks, ‘How can I get the best deal on this?’ Instead, I ask, ‘Just why in holy hell do I need this?’”

Read more here.