My mom used to use the phrase on a regular basis, penny wise but dollar foolish. This was her way of explaining the difference between being cheap and being frugal. Basically it breaks down this way. A cheap man understands the dollar is worth 100 pennies. A frugal man understands what 100 pennies is worth. […]
Frugal vs. Cheap-Which are you?
This is a guest post by Ronnie C. is a screenwriter for The Frugality Game, a free online adventure that helps families improve their finances while having fun. In the game, you’ll follow the Frugal family as they explore the world in search of treasure. Along the way, you’ll find savings tips, discounts, powerful budgeting […]