Frugal Chic…or Cheap?
March 8th, 2012When I was a kid, I was standing in the grocery store check-out line with my Dad when the lady in front of us pulled out a pile of coupons and started handing them to the checker. My dad whispered something to me about having to wait, referring to the woman as a “penny pincher.” It was a harsh label for someone just trying to save money on groceries. But in some cases there is a stigma attached to people dedicated to saving more and spending less–especially those who save at the expense of others or who are afraid to spend money on anything. Here are things that I think define frugal living:
1. Saving is a means to an end. The end could be a trip to France, a $10k emergency fund that will bring you peace of mind, paying off the $3k credit card debt that has been weighing on you, a down-payment on a condo or all of the above.
2. It’s