I was born in Scotland, and lived in that fair land till my mid-twenties, when I came to the USA. Far be it from me to perpetuate a stereotype, but I confess I am cheap.
Part of this is pure pragmatism (the availability of funds of lack thereof), part a natural Scottish contrariness, but there is also a streak of actual cheapness too. I don't like paying more than I think something should be worth. With the odd exception where I "out-cheap" myself, this has worked out for me.
That attitude extends towards "new-fangled" technology; it's not that I am particularly stuck in my ways as an a over-fifty person, but rather that the newer tech is typically more expensive, and to my mind less of a proven, known quantity.
Case in point: battery-powered tools. For the longest time, we had a (cheap) electric weed trimmer - one that plugged in via a long cable. It gave good service for 6 or 7 years and finally started to literally fall apart. A cordless weed trimmer seemed like a dopey idea to me, but there was one on sale for less that the prices of a decent corded one, so I took a chance.
I must say, even though it was less than $50, it's reasonably well made, and works great. The electric motor has plenty of power for my needs, and the (admittedly new) battery pack has kept up with all my chores around our two smallish yards.
I also confess that being cordless is actually causing me to use it more, as I don't have to deploy and wind up the 50 foot power cord each time I want to do anything. The charge time is a short 3 hours, so I can work in the back yard, charge the thing up again if needed and continue in the front yard on the same day.
If I get only five years use out of this, that will be $10 a year, plus the cost of nylon trimming line and electricity. Pretty great.