2230: Frugal or Cheap: How to Tell and Why it Matters by Vicki Cook and Amy Blacklock

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 8 March 2023

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Amy Blacklock and Vicki Cook of Women Who Money compare frugality to cheapness Episode 2230: Frugal or Cheap: How to Tell and Why it Matters by Vicki Cook and Amy Blacklock The co-founders of Women Who Money are Amy Blacklock from Life Zemplified and Vicki Cook, from Make Smarter Decisions. Vicki and Amy connected initially online and eventually met in person at a financial conference in the fall of 2017. They’ve both reached financial independence and left full-time work to devote more time to family, pursue passion projects, and embrace fun and challenging opportunities. They enjoy collaborating on original content and sharing great articles written by and for women. The original post is located here: https://womenwhomoney.com/frugal-or-cheap-how-to-tell-why-matters/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, Episode 2230.
0:04.4	Frugal or cheap, how to tell and why it matters.
0:07.9	By Vicki Cook and Amy Blacklock of WomenWhoMoney.com.
0:12.2	And I'm your host and personal finance enthusiast, Diana Mariam.
0:16.2	I'm here narrating for you every single day from some of the best articles on the web when
0:21.1	it comes to money and finance.
0:23.3	So without further ado, let's get right to today's post and optimize your life.
0:30.0	Frugal or cheap, how to tell and why it matters.
0:35.7	By Vicki Cook and Amy Blacklock of WomenWhoMoney.com.
0:40.8	Whether you just embrace the concept or you've had a focus on becoming financially independent
0:45.3	for years, you're building good money habits and saving for the future.
0:50.0	In order to save more, you may be tracking expenses using a budget, working side hustles
0:55.0	or adopting a minimalist lifestyle.
0:57.9	You may even do all of those and more, but with a laser focus on saving, it can be hard
1:03.3	to spend and some people always struggle with spending their money.
1:07.9	Questioning each purchase, working more hours and adjusting how you live can help you reach
1:12.4	your goals faster and others may take notice.
1:16.1	You call yourself Frugal, but friends or family members might call you cheap instead.
1:21.6	As you seek out great deals and practice savvy spending, they tell you to live a little
1:26.3	because they don't think twice about spending money.
1:29.5	Then you begin to question yourself, am I frugal or cheap?
1:33.5	You embraced frugality, but the label cheap makes you cringe.
	...

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