Free Site Registration


More Debits & Credits Posts

New York CPA Dumpster Dives to Save Money

Print
Email
Reprints
By Michael Cohn
October 17, 2012

Kate Hashimoto, CPA, knows how to save money, even if it means getting food from the dumpster outside the local supermarket.

Profiled on the TLC channel’s “Extreme Cheapskates” and in Tuesday’s New York Post, Hashimoto also saves money by not buying toilet paper, paying to do the laundry or purchasing toiletries. She found most of the furniture for her Harlem studio apartment from cast-offs left on the street. She also washes her clothes while she’s taking a shower, cuts her own hair and sleeps on used yoga mats, according to the Post.

On the side, she earns extra cash by participating in medical trials and taking surveys online to get free gift cards. But she has a paying job at a Big Four CPA firm too. The blog Going Concern discovered that Hashimoto works for PricewaterhouseCoopers.

The job earned her enough to pay off the mortgage on her apartment in nine months. But she is concerned about the upcoming round of fare hikes that are planned for the New York subway system next year, though she often runs to work to save subway fare.

As someone who likes to save money where I can, I can sympathize with Hashimoto’s frugality (and frustration at the never-ending rounds of subway fare hikes). And so can a lot of accountants, who after all need to be able to advise their clients on how to save money. She may be taking it to an extreme, as per the title of the TLC series, but after all that’s reality, or at least reality TV.

1 Comments

I strongly believe that she has going to far. What she is doing is extreme.

Posted by: rduclas | October 18, 2012 10:29 AM

Report this Comment

Add Your Comments...

Already Registered?

If you have already registered to Debits & Credits, please use the form below to login. When completed you will immeditely be directed to post a comment.

Forgot your password?

Not Registered?

You must be registered to post a comment. Click here to register.


Follow Accounting Today
Advertisement


Advertisement

Trends in the Accounting Profession

April 18, 2014

Jim Metzler, former AICPA vice president of small firm interests, and founder of Metzler Advisory Group, talks about how the CPA profession is changing.

Lessons in M&A: Client and Staff Retention

April 14, 2014

Transition Advisors president Joel Sinkin talks about what firms should do after a merger to retain their clients and staff members.

Are You Missing These Growth Opportunities?

April 2, 2014

Gale Crosley of Crosley + Company discusses the practice areas and international opportunities that firms often overlook in trying to grow.

Advertisement

SLIDE SHOW

Dumbest Employee Excuses for Being Late

March 31, 2014

Running a little late could have big repercussions, especially at a firm in the midst of busy season. From escaped zebras to must-see TV, employers told CareerBuilder some of the most memorable excuses they've heard from tardy employees.

Common Taxpayer Misconceptions

March 19, 2014

The NAEA’s collection of ridiculous things tax clients believe.

The 10 Fastest-Growing Firms in the U.S.

March 10, 2014

The firms with the highest 2013 revenue growth in our Top 100 Firms/Regional Leaders list.

Top 10 Tech Trends for 2014

March 3, 2014

As companies gain more affordable access to new technology and platforms, they also seek to make smarter investments.

Strangest Tax Deductions

January 31, 2014

The Minnesota Society of CPAs recently conducted its annual survey about the most strange and unusual tax deductions proposed by clients.

Advertisement
Advertisement
Advertisement