We've all got one.
Yes, the cheapskate is a pretty regrettable human being--and serves as tremendous bashing fodder when he's not around--but strangely, I think he's sorta necessary. Everyone needs a friend to shit on mercilessly, and this guy provides a legitmate reason time after time. He's also a confidence booster (he's either never gonna get married, or will be divorced within three years), he's a constant adventure (you never know what money-grubbing scheme he'll pull of next), and endless reassurance that as downhill as your life may be going lately, there will always be a slippery slope you'll never fall victim to. All hail the cheapskate. A true friend.
[H/T: College Humor]