I have a cheapskate story to tell on myself!
I bought a pinata for my 3-year-old's birthday last week. Usually I make them at home, but I got lazy and bought this one. It was a pull-string pinata, so each kid pulls a string, and you wait until one kid pulls the right right and the pouch opens and candy falls out. We used the pinata and had a lot of fun.
And then it occurs to me... the pinata is not all that beat up. I could just sort of tape the compartment back closed, put new strings on, and replace any tissue paper that got too messed up with new tissue paper in the same color. Easier than making my own, and I have two more kids who might want Elmo parties when they're 2/3.
I think it's sensible. But there's just something that sounds so cheapskate about reusing a pinata!