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Old 07-07-2017, 02:50 PM
 
3,457 posts, read 1,978,113 times
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Here's how I look at it.

When a new toilet is needed, the cheap guy will pass up the$200 model and buy the cheaply made $100 model and will spend $100 in parts, plunge it once a week and swear at "that pos" for the next ten years.

The frugal person will buy the $200 toilet, but only when it is on sale at $150, and never have a problem for the next ten years.

Same with the car. The cheap will buy a $300 "beater" and keep dumping money into it for the next 5 years.
The frugal guy will spend a little more for a $2k vehicle known for quality and longevity, and spend little to nothing repairing it.

It's all in how you choose to spend any dollar you have/earn.

Being frugal is NOT about buying cheaply, but about spending less for quality. Though sometimes the two meet in the middle where the cheap thing is really good quality.
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Old 07-07-2017, 09:09 PM
 
908 posts, read 504,908 times
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Originally Posted by howard555 View Post
You decide:

Name brand ice cream on sale for $2.50. Coupon save $1.50 = $1.00 per carton.

Person #1 buys one carton
Person #2 buys five cartons
If it is something I use regularly, I am person #2. I stock up on the deals. Therefore, I am frugal and not cheap.
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Old 07-08-2017, 09:15 AM
 
10,146 posts, read 13,833,845 times
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Originally Posted by jteskal View Post
If it is something I use regularly, I am person #2. I stock up on the deals. Therefore, I am frugal and not cheap.
Person #1 we felt was being cheap. Since they could afford more.
Person #2 bought 5 cartons so as to let the "deal" work for them for a few weeks.

When #1 runs out #2 will just remind them that they had a chance to buy all they wanted for $1. They'll have to pay the regular price.
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