Comments on: What’s Frugality All About, Anyway?

By: Meg

Meg — Wed, 20 Jan 2010 16:35:59 +0000

@Ryan

“Being frugal is overratted. You need to spend wisely and live within your means, but get what you can afford.”

I think you just described frugality, so if that’s what you say people “need” to do, how is that “overrated”? Frugality isn’t about buying cheap stuff, it’s about not wasting your resources. It’s very much about buying quality goods, not wasting your money on stuff that’s going to break easily, but also not buying stuff just to buy stuff.

By: Ryan @ IQ test

Ryan @ IQ test — Wed, 20 Jan 2010 02:17:19 +0000

Being frugal is overratted. You need to spend wisely and live within your means, but get what you can afford.

By: Craig

Craig — Tue, 17 Mar 2009 19:51:24 +0000

Frugality is different for everyone based off their own situations and finances. It’s about the basics of being careful with what you spend money on and being efficient and not wasteful.

By: Gizimmick

Gizimmick — Tue, 17 Mar 2009 16:06:45 +0000

Frugality is about being an individual who follows his/her own road. We don't succumb to the endless ads promoting this wastefull product after that one. We spend on what needs to be spent on. Gizimmick´s last blog post..Make It Painful

By: Kristy @ Master Your Card

Kristy @ Master Your Card — Tue, 17 Mar 2009 06:59:53 +0000

I'm not the most frugal person and I have to work really hard to be one. It just doesn't come naturally. For example, I don't always clip my coupons. I know I'm throwing money away by not clipping them, but I just haven't gotten into a situation where I need to stretch my dollars further. I'd probably have more play money if I did these small things, but sometimes I find them to be more hassle than they're worth. However, I'm pretty good at comparison shopping, so in that sense, depending on the product and the quality I'm needing, I will shop around to find the best price. That said, to me, frugality is about making financially educated decisions that stretch your dollar, but not so much that you're just being cheap. I think frugal will mean something a little different for everyone because everyone has different circumstances. To me, I look at being frugal as not being wasteful and overindulgent. Some one else may have a completely different view. Kristy @ Master Your Card´s last blog post..Weekly Round Up

By: Jennifer

Jennifer — Tue, 17 Mar 2009 06:15:35 +0000

Kelly’s personal definition reflects your present business studies. Worthy to be printed in a marketing textbook, beating Wikipedia.
-from a longtime fugal friend

By: Coco

Coco — Tue, 17 Mar 2009 03:16:48 +0000

Thank you for another great post. To me, being frugal means to be prudent and resourceful in all areas of my life. I agree with you that frugality isn't necessarily about deprivation or stinginess. Finding where you draw that line, however, is certainly difficult, because everyone's frugality threshold is different. Being used to a frugal life (my grandparents were a king & queen of frugality), I enjoy darning, reusing unwanted items, cooking from scratch & getting free stuff, etc. But my hubby will certainly feel deprived (& embarrassed) if I imposed my way onto him. We are still learning to compromise. Coco´s last blog post..So... What did I do Wrong?

By: Abigail

Abigail — Tue, 17 Mar 2009 01:15:56 +0000

I think for me frugality is simply about making informed purchases. That's what it all seems to come down to. If you don't buy right away, you have the chance to learn more about the product and do a price comparison. If you see if you can do without a product, you will know whether it's truly a good buy -- worth the money you're giving up. Abigail´s last blog post..I feel like a million bucks -- or at least $28!

By: Trevor @ Financial Nut

Trevor @ Financial Nut — Mon, 16 Mar 2009 23:14:50 +0000

Some great definitions there. Being frugal is truly economizing in a way that maximizes the dollar for you (and that is going to be a little different for everybody). Trevor @ Financial Nut´s last blog post..A Financial Blogger Interview With The Owner & Author Of Studenomics

By: Mmmeg (aka Meg from FruWiki)

Mmmeg (aka Meg from FruWiki) — Mon, 16 Mar 2009 23:12:06 +0000

"Frugality isn’t about deprivation, nor about buying the cheapest things or spending the least amount of money" Amen! I'm so tired of people confusing frugality with being cheap, or worse, miserly. To me, frugality is simply the antonym of wastefulness. Or, as you put it, "acquiring and using goods and services in a restrained manner in accordance with ones beliefs and situation." Anything else would be wasteful, imho. Mmmeg (aka Meg from FruWiki)´s last blog post..FruWiki talk:Copyright information