Wednesday, May 28, 2008

Cheap or Frugal?

There's a difference between being cheap and frugal. Cheap brags about being cheap while frugal is a quiet knowing of how to stretch a buck without having to tell everyone.

Cheap never splurges or allows niceties. Frugal is a balance between good budgeting and periodic indulgence, knowing a treat is the reward for smart spending.

Cheap is repeatedly buying something of lesser value and wondering why it doesn't last. Frugal is knowing that to spend a little bit more now will save a lot more later.

Cheap is charging friends to go to your party. Frugal is saving up for it all year so loved ones can celebrate YOU without footing the bill.

Cheap never sleeps; frugal rests well.