There are notable differences between the frugal and the cheap. Frugal people take pleasure in saving and cheap people feel pained by spending.
What's the meaning of this quote?
Quote Meaning: This quote highlights the distinction between being frugal and being cheap. It suggests that frugality is characterized by a mindful approach to saving money, where individuals find joy and satisfaction in being financially responsible. On the other hand, being cheap is portrayed as a negative trait where individuals feel discomfort or distress when it comes to spending money, often to the point of being stingy or unwilling to invest in necessary expenses. This quote underscores the idea that mindset and attitude towards money can greatly impact our financial behaviors and choices.
Who said the quote?
The quote “There are notable differences between the frugal and the cheap. Frugal people take pleasure in saving and cheap people feel pained by spending.” was said in the book Stretch (Summary) by Scott Sonenshein. Scott Sonenshein is an American psychologist and author who has written about the benefits of resourcefulness and creativity in the workplace.
* The editor of this interpretation made every effort to maintain information accuracy. This includes the source and any key ideas or meanings conveyed in it.
Chief Editor
Tal Gur is an author, founder, and impact-driven entrepreneur at heart. After trading his daily grind for a life of his own daring design, he spent a decade pursuing 100 major life goals around the globe. His journey and most recent book, The Art of Fully Living, has led him to found Elevate Society.