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Supporting your comment, I've heard the phrase "many people spend a lot of time to save a little money and some people spend a lot of money to save a little tim
by blogimus 18y ago
Supporting your comment, I've heard the phrase "many people spend a lot of time to save a little money and some people spend a lot of money to save a little time."
How many lawyers/doctors/executives do you know who do handyman work? It is just so much more cost effective to pay someone to fix this or change the oil so that the person can get another billable hour or another patient or another business deal or address client/customer needs? So I won't quite call it frugality, but more efficiency. The question becomes "are you efficient with your money and time?"
- Tamerlin 18y agoThat's also a good point. I think there's a disconnect there in a lot of cases, several of them being former employers of mine. I think the ones who stray from "frugal" to "cheap" are failing to consider the value of what they're spending their money on, and rather focussing on the number of dollars that are leaving their account.