Can you put into words the difference between being cheap and being frugal?
As a consignment or resale shopkeeper, you run across situations all the time where I would define being frugal as protecting your hard-earned money by looking for ways to get the highest value from everything you buy. -MoneyUnder30.com
you have to choose between frugality and cheapness.
David Weliver of MoneyUnder30.com is the source for this sidebar quote on what frugal is…
And what is cheap?
Being cheap is blowing your hard-earned money on something that won’t do what you want it to, like a low-quality chair that will fall apart. Being cheap also means NOT spending money even when it is to your advantage to do so. It’s all about intentions, expectations and investment.
Being frugal in our resale (more…)
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