I have seen many people confusing frugality with being cheap or stingy. For all such people i define frugality as an efficient way to save your hard earned money and save as much as possible.Frugality is also buying value for hard earned money.
Frugality is not just cutting the cost wherever possible. Sometimes it is also about paying more. Confused? Let me explain. All of us are familiar with the popularity that the bargain outlets are gaining. But how many of us can honestly say that these products are of premium quality?
Eventually we end up buying the same stuff again and again after the first one has met its end, and spend more than necessary.
Instead there is nothing wrong in shelling a few extra bucks in a quality product that will last you for a longer time span. This doesn’t only save money on a long run but also buys satisfaction for the money paid.
So next time you are planning to buy a shoe or hand bag in a bargain outlet, think twice and invest wise!!!
Good stuff, sums up what I think