Am I being frugal, or just being cheap?
So nickel had an interesting article, comparing the definitions of frugal and cheap. Unfortunately, the examples are rather lacking.
So let’s take it up a notch - instead of HotOrNot why not “frugal or not?”
Take for instance, store brands. We know Del Monte, Chiquita, Pepsi, Coke (once Ohio State’s savior, now a harsh reality check), Jif (the choice of choosy moms) and a number of other brands. Can you taste the difference?
Honestly, there are a few choices that I have “gone frugal” on, and never will again. One of them is Peanut Butter. I bought generic once - and never again. It still amazes me that the taste can be so different. Vegetables, however, I can’t tell the difference - as with canned fruit. If it’s not fresh from the farmer (I’m working on it!) - it all tastes the same. I buy cheap.
Another recognition that “image from purchase” problem - I was once told that low-income families would be envious of the family that fed their children formula. Breast feeding is better, and recommended. Why do they go the more expensive route?
For the appeal of being seen buying and using formula. It doesn’t matter that it isn’t better, but to be seen spending that extra cash makes you look “rich.”
The point is - we’re presented with options all the time. Name brand this vs. generic that. The “appeal” of being seen wearing (or buying) that name-brand item or hottest fashion, instead of the functional, or the old or the worn. C’mon - sometimes, it’s okay to splurge. Sometimes, that endorphin boost is worth the price tag for those new shoes, that new shirt, whatever. Moderation is key!
It’s important to recognize that you don’t need to give up everything in difficult times - but recognize where your money is going, and why you’re buying it.
posted in food, frugality, life, personal finance, save money, zen | 0 Comments
