Are You Frugal Or Are You Just Cheap? | Clever Girl Finance
Being frugal and being cheap have a lot in common — they are both about saving money. So, what’s the difference between cheap and frugal in real terms? In this video we are going to discuss the difference between being cheap vs being frugal and how to avoid falling into the trap of being cheap because being cheap can impact your friendships, finances, and more!
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Good morning 🌞
I’m frugal but I don’t like the pressure to buy/contribute for something at work. There’s always that person wanting to do this thing for a bday or Christmas gift exchange and I Definitely don’t like to be involved ( if it’s a bday. I HAVE to bc I don’t want ppl looking at me weird but I think it’s very unfair bc you don’t know ppls budget/goals or 💫 circumstances
Great video, since following I’ve become very conscious about how I spend my resources.
Great video!
Missed your videos!
Thank you ma’am.
Great piece, thank you!
Thank you!
Thank you so much for your videos, you have really changed my money mindset❤️
I want quality over quantity 😊
Thanks for the enlightenment with knowing the difference.
I’m frugal but can be cheap with certain things( laundry detergent,dish soap, generic brands) buy minimal clothes but nice( I’m always dapper). Avoid expensive dinners now( only very special occasions, I’ll splurge). Definitely avoid meeting at a bar/ restaurant for drinks and spending $$$ . Home socialising works for me
Who of the two is stingy?
the cheap one i believe, because you dont consider much quality
I am both. Actually my friends are frugal too so for birthday I made a cake.
I took my kids for our first beach vacation, I reserved the hotel rooms in january and I had budget for it. Hotel was 2 stars and we spend all day playing and swimmimg at the beach.
Clothes, I love clothes. Some of my best purchases were dresses for 10 euros. I think you can be frugal and cheap if you learn how to recognise good quality stiches from bad. I also shop second hand high quality items and I weight between for example what I want, options and delivery.
I do make the most of sales on items I need. Like I needed to buy new washing maschine and old broke amd was full of mold. I knew that I wanted medium range and good quality. I take care of it.
The only thing cheapness is never good when I buy shoes. If I am stingy my feet will hurt.
I think its more about planning and living within means.
thanks for sharing this! Love your insights!
I’m definitely.not.frugal
Very informative! Thanks for this!
Glad it was helpful!
It’s great to know the difference! I can take a long time to make purchases on certain things and it’s good to know I’m frugal! I love for things to last!
So true!
I’ll say I’m really cheap with myself but that help me save money, that way I can invite my family to dinner or other activities.
That’s one way to look at it! Thanks for tuning in!
Cgf last post was 3 months ago. Are you guys ok? … thanks for this video
Uhm, I really do not have a choice in the matter, I only have a little to spend each month, so sometimes I have to be cheap because I can not affort the value.