What’s the difference? Being cheap is about spending less; being frugal is about prioritizing your spending so that you can have more of the things you really care about. Those who are cheap are often afraid to spend money. They are willing to sacrifice quality, value and time in order to cash in on some short-term savings, I love this explanation found here.
Those who are cheap are often afraid to spend money. They are willing to sacrifice quality, value and time in order to cash in on some short-term savings. Those who are frugal are resourceful with their spending, maximizing their dollars, so that they can fund big picture wants and dreams.
Frugal is all about organization, prioritizing your spending so that you’re not wasting money or wasting time. I like to consider myself “frugal” and try pretty hard to save. I grew up with a very frugal, single Mother. She raised my brother and I alone, and I can remember her coupon box, her couponing drove me nuts, but now I understand it. I remember the heater being on very low, and being told to put on a sweater or 2. My Mother was a great “planner” she would write down everything she needed for the whole week for meals, go through the local grocery ads, see what was on sale and only buy what was on sale and what she had a coupon for. She would go to stores that doubled coupons, and walk away spending .10c on ketchup. I used to shake my head and laugh at her as she stood there checking out with what seemed like 100 coupons. Now, as a Mother of 4, I’m SO glad to have her expertise.
Being frugal is fundamental to me, saving money for me is a huge. I like to save a little and spend a little. I like to save $20 dollars and treat my kids on the weekend with something fun to do or a date night with my husband. Soon they’re will be pumpkin carving, pumpkin patches and a day for Halloween fun at an amusement park near us. I go to tickets at work and purchase tickets for those events. Some employers are with them and you can save quite a bit for fun events. Movie tickets, hotel, amusement parks, it’s a nice way to save.
I want to hear from you!
What websites do you go through? Do you have any tricks to save?