Nobody ever wants to be called cheap- it’s an insult and brings all sorts of negative connotations with it. However, being frugal is a badge of honor and something worth striving towards. There is a temptation to become cheap when you are looking to get your finances in order, but instead we would encourage frugality over being a cheapskate. In this episode we break down the differences between the two as well as share some stories from when we’ve attempted to be frugal but it ended with us being cheap! In our lives, we’ve found it’s pretty dang hard to label something as cheap vs. frugal because one person’s ‘cheap’ is another’s ‘frugal’. That’s why we discuss our 5 principles or guidelines that will help you determine: are you frugal or are you cheap?

And during this episode we enjoyed a Stiegl Grapefruit Radler which you can find and learn all about on Untappd. If you enjoyed this episode, be sure to subscribe and review us in Apple Podcasts, Castbox, or wherever you get your podcasts!

For specific links and additional information about this episode, head over to our site: HowToMoney.com . Best friends out!

 Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Nobody ever wants to be called cheap- it’s an insult and brings all sorts of negative connotations with it. However, being frugal is a badge of honor and something worth striving towards. There is a temptation to become cheap when you are looking to get your finances in order, but instead we would encourage frugality over being a cheapskate. In this episode we break down the differences between the two as well as share some stories from when we’ve attempted to be frugal but it ended with us being cheap! In our lives, we’ve found it’s pretty dang hard to label something as cheap vs. frugal because one person’s ‘cheap’ is another’s ‘frugal’. That’s why we discuss our 5 principles or guidelines that will help you determine: are you frugal or are you cheap?And during this episode we enjoyed a Stiegl Grapefruit Radler which you can find and learn all about on Untappd. If you enjoyed this episode, be sure to subscribe and review us in Apple Podcasts, Castbox, or wherever you get your podcasts!For specific links and additional information about this episode, head over to our site: <a href="https://www.howtomoney.com/">HowToMoney.com</a> . Best friends out! Learn more about your ad-choices at <a href="https://www.iheartpodcastnetwork.com">https://www.iheartpodcastnetwork.com</a>

Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living a rich life.

How to Money

Are You Frugal or are You Cheap? #043

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/34d69d96-5f62-4357-9ebd-ae3200426491/transcript

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