A negative term for a person who decides to save money. People who are savers prefer to be called frugal.
This term is used by people who are jealous of savers and are unable to save money themselves.
Tom: A penny saved is a penny earned.
Jack: You cheap ass loser.
Tom: I've saved up 100,000,000 pennies. That's $1,000,000
damn dollars! Who's laughing now?
Matt: You cheap loser why dont you spend your money on booze, hookers, and drugs like me?
Fred: I'd rather be cheap and rich, instead of spending and being poor.
Prices shown in USD.
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