Are you cheap or frugal? We’ve all got that one friend. That one friend that refuses to spend money unnecessarily. For my friends, that friend is me. 😐
“Wanna go out?” they say. Meh, I’d rather stay home and drink my wine that is $8 per bottle as opposed to $8 per glass. But I digress.
Not that I refuse to spend money at all, I will spend good money on an item if that means that I won’t have to buy it ever again – or at least for a very long time. The difference between being cheap and being frugal.
Let me tell you a little story about cheap or frugal:
I struck out on my own at the tender age of 17 – yes, 17! By that age I had already graduated high school and spent my time abroad in Germany. I was home for two whole weeks before I moved out on my own. I went to the dollar store and bought kitchen utensils. I was legit adulting you guys! 😀
I spent about $8 total for spatulas, a pizza cutter, a ladle, a slotted spoon and hot pad etc. Then, about 6 months later the handle fell off the spatula and the slotted spoon, and the pizza cutter was rusted all the way across. I lived alone and I was too busy racking up credit card debt to invest in good kitchen utensils.
Had I just gone and paid $8 each for some higher quality utensils, I wouldn’t have had to replace them every six months for the next 4 years, and I would still have them today. But a cheap person doesn’t do that. A frugal person does.
I wasn’t being frugal. I was being cheap.
The bottom line: everything (including kitchen utensils) should be treated as an investment.
Now that I’m really adulting, I look for quality over cost. Whether we are talking kitchen utensils or automobiles.
Another little story: my first car cost $400. He wanted $600 for it but we talked him down. LOL!! It was a tiny little 1987 Chevy Sprint and it also guzzled a quart of oil every week, smoked like a chimney, it would die if you didn’t keep your foot on the gas – and it was a stick shift – the heater didn’t work and the windshield wipers didn’t work.
I had gotten t-boned on the driver’s side so my door didn’t open, and I had stapled plastic sheets to the inside of my door frame to keep the rain and snow out. The epitome of classy you guys. It was a sight you’d not soon forget, that’s for sure.
I spent more money fixing that dang car and the oil it chugged than it was worth. Meanwhile, had I bought a car costing even just a couple thousand dollars with a small car payment, I would have saved money in the long run, for not dumping all of my money into a car that never was worth it to begin with.
Frugal folks know that the cheapest price isn’t always the best bargain. What is your best example of cheap or frugal?
Be Part of Our Tribe!
Subscribe to Heart • Hook • Home and get CROCHET tips and DIY ideas, YARN hacks and FREE crochet patterns + yummy new RECIPES along with FAMILY and HEART + BUDGETING tips sent directly to your email!