Cheap vs. Frugal vs. Wasteful

May 27th, 2009

What is the difference between being cheap, being frugal and being wasteful?

Cheap: You’re only concerned about spending the least amount of money.

Frugal: You are financially resourceful and seek the best value.

Wasteful: You buy more than what is necessary and typically buy things on impulse without prior planning.

Toilet Paper Analogy
1 Sheet vs. 3-4 Sheets vs. Big Wadfuls

If you only use 1 sheet you may be considered cheap in your TP usage.

If you use 3-4 sheets you may be considred frugal in your TP usage.

If you use big wadfuls you may be considred wasteful in your TP usage.

Written by: tim

Categories: Frugal Living, Misc

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  1. KattyBlackyard

    The best information i have found exactly here. Keep going Thank you

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