Word: frugales
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...coolest new accessories for the style savvy may be a pincushion and a pair of pinking shears. Once relegated to little old ladies, the frugal-minded and neohippie handicrafters, sewing your own clothes is back in vogue. Inspired by the desire for a unique look and by reality-TV shows like Project Runway, in which aspiring designers compete for an entrée into the established fashion world, more young people are trying their hand at this traditional domestic art. The Home Sewing Association estimates that there are about 35 million sewing hobbyists in the U.S., up from roughly 30 million...
...tastefully understated interior and a range of expensive tipples, Rui Fu is being heralded as yet another antidote to the tawdry dance clubs that have been a mainstay of the capital's youth-oriented nightlife in recent years. But how will Beijing's new, sophisticated hostelries perform in a frugal city where it's still possible to knock back a stiff gin-and-tonic for a buck? Though Drake concedes that Face is "certainly a high-risk project," the initial response from the glitterati has been positive, and plans are afoot to add a Middle Eastern restaurant, as well...
Just because a guy is frugal, bespectacled and leery of tech stocks doesn't mean he isn't a playa. WARREN BUFFETT, 76, the world's second-richest man, just married ASTRID MENKS, 60, at his daughter's Omaha, Neb., home. That's no big surprise: they have been together for decades. The odd thing is Buffett was married to his first wife until her death in 2004, and she approved of his relationship with Menks (she introduced them). After the 15-min. civil ceremony, the wedding party dined at a seafood place. And, since...
Small homes make sense not just for the frugal or displaced but also for single city dwellers like students or business travelers. In Germany six students at the Technical University of Munich spent a year living on campus in cube-shaped Micro Compact Homes, designed by British architect Richard Horden. Measuring about 74 sq. ft. and selling for $95,000, the houses are modeled after a Japanese teahouse, with a sunken eating space and a bed that folds up against a wall...
...austerity does not always sell. In 1999, German carmaker Volkswagen launched the Lupo 3L TDI in Europe, a no-frills subcompact that got 100 km on 3 L of gas. Volkswagen built 29,500 Lupo 3Ls and then last year yanked the car from the market. "It was too frugal," says Hartmut Hoffmann, a product spokesman for VW. "Customer interest faded." Other manufacturers have flirted with ultralight models, but few have dared bring them to market. In 1997, Ford announced plans for what it called the P2000, which promised to be 40% lighter than conventional family sedans...