Are you Frugal or Cheap?

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Living a frugal lifestyle, you need to look at the value of the item. I do not want to have things that break on me easily because they are cheaply made and had a cheap price. Value is what I want, and if I can get it at a reasonable price, then that is the best thing.

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What’s the Difference Between Frugal and Cheap?

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Being frugal vs cheap is a choice for you. I see it is as a choice between being intentional and placing value on things in life. It is our money mindsets that help us make a choice.

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Are you Frugal or Cheap?

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As a frugal individual, I think people get confused about what is frugal and what is cheap. The argument over frugal vs cheap gets started, and I show that frugal living is not the same as cheap living.

Living a frugal lifestyle, you need to look at the value of the item. I do not want to have things that break on me easily because they are cheaply made and had a cheap price. Value is what I want, and if I can get it at a reasonable price, then that is the best thing.

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What’s the Difference Between Frugal and Cheap?

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Taking these words out of the dictionary, you have some brief differences. One is about lower in price, while the other is about being economical towards aspects in life.

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The price matters to cheap people. If I had a choice between buying a good quality cell phone vs a cheap one, I would buy the excellent quality. A cheap person would find the one with the lowest price possible.

Cheap is about the Price

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Being frugal is choosing value over price. Value is everything. It is about what things bring value to your life. Once you know what brings value into your life, you can stop spending money on things that don’t get you value.

Frugal is about the Value

Being frugal vs cheap is a choice for you. I see it is as a choice between being intentional and placing value on things in life. It is our money mindsets that help us make a choice.

Read More

Swipe Up to read more about The Difference Between Frugal and Cheap

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