60: The Fine Line Between Being Cheap vs Being Frugal

The Rich Immigrant

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This week's episode is inspired by conversations and observations that I have made lately. No one likes to be called cheap, but there's a fine line between being cheap and being frugal so let's talk about it. In this episode, I talk about:
1. What it means to be cheap or miserly
2. Examples of cheap behaviors
3. What I am NOT referring
4. What it means to be frugal
5. Examples of frugal behavior
6. Where the fine line between being cheap vs frugality gets crossed
7. 4 Questions to find out if you're being cheap

This episode is not meant to shame us, the goal is to help us identify our own patterns and course correct them when we can. It is important that we remember that money is a tool. It is a tool to be used rather than one to be hoarded. Values-based spending is ultimately the goal.

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Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'