There is a difference between cheap and frugal. In accepted parlance "cheap" means making purchasing decisions based solely on price. "Frugal" means paying fo

There is a difference between cheap and frugal. In accepted parlance "cheap" means making purchasing decisions based solely on price. "Frugal" means paying for value, which is what this post is ultimately recommending (despite the title) - a "lean" mentality, where you avoid needless cash burn (or saving) in favor of those things that really matter. Ramit Sethi likes to go on about this topic - see his "Cheap vs. frugal" blog post, for example: http://sandbox.iwillteachyoutoberich.com/archives/2005/09/cheap_versus_fr.html http://sandbox.iwillteachyoutoberich.com/archives/2005/09/ch...