Understand the difference between being frugal and being cheap. Example... Frugal: "Let's buy these computers when they go on sale." Cheap: "Our engineers

Understand the difference between being frugal and being cheap. Example... Frugal: "Let's buy these computers when they go on sale." Cheap: "Our engineers can do with a ten-year old desktop with a 533 MHz Celeron processor." The sad thing is that I'm only half exaggerating.