Are You Frugal or are You Cheap? #043
How to Money
iHeartPodcasts
4.6 • 3.2K Ratings
🗓️ 31 October 2018
⏱️ 51 minutes
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Summary
Nobody ever wants to be called cheap- it’s an insult and brings all sorts of negative connotations with it. However, being frugal is a badge of honor and something worth striving towards. There is a temptation to become cheap when you are looking to get your finances in order, but instead we would encourage frugality over being a cheapskate. In this episode we break down the differences between the two as well as share some stories from when we’ve attempted to be frugal but it ended with us being cheap! In our lives, we’ve found it’s pretty dang hard to label something as cheap vs. frugal because one person’s ‘cheap’ is another’s ‘frugal’. That’s why we discuss our 5 principles or guidelines that will help you determine: are you frugal or are you cheap?
And during this episode we enjoyed a Stiegl Grapefruit Radler which you can find and learn all about on Untappd. If you enjoyed this episode, be sure to subscribe and review us in Apple Podcasts, Castbox, or wherever you get your podcasts!
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Transcript
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| 0:00.0 | Hi, I'm Ellie Kemper and I'm Scott Eckert and we're here to talk to you about the things we love on our new podcast born to love. |
| 0:09.0 | I can tell you about something I love this week Scott. |
| 0:12.0 | Boom! Rollers! |
| 0:14.0 | For my own mind, you're not talking pool noodle. |
| 0:17.0 | Oh my gosh! No! Thank you for terrifying! |
| 0:20.0 | A new podcast from Will Ferrell's Big Money Players Network on the iHeart Radio app Apple Podcasts or wherever you get your podcasts. |
| 0:31.0 | Hi, I'm Isaac Mizrahi and I've got a new podcast called Hello Isaac. |
| 0:36.0 | During my career, I've made friends with some amazing celebrities and experts and I'm always curious about their paths to success. |
| 0:44.0 | On this podcast, I get to share our fun and intimate conversations with you. |
| 0:49.0 | Friends like Andy Cohen, Margaret Cho, Jesse Tyler Ferguson and Bendilla Krem to name a few. |
| 0:55.0 | Listen to Hello Isaac on the iHeart Radio app Apple Podcasts or wherever you get your podcasts. |
| 1:02.0 | Check out the your Financial Mavon podcast where we need to change the way we think about money, our understanding of it and the effects. |
| 1:09.0 | I'm Samantha Mittman-Bessnov, CPA and I have spent over 25 years in the accounting field. |
| 1:15.0 | The Your Financial Mavon podcast will touch on things like saving and budgeting and really anything around money to help you feel financially empowered. |
| 1:23.0 | Listen to The Your Financial Mavon podcast on the iHeart Radio app Apple Podcasts or wherever you get your podcasts. |
| 1:31.0 | Welcome to How To Money. I'm Joel and I am Matt and today we're asking the question, are you frugal or are you cheating? |
| 1:38.0 | Joel, I am extremely pissed because my credit score dropped like a hundred points a couple weeks ago. |
| 2:04.0 | What happened? |
| 2:06.0 | Yeah, so no joke, a hundred points. I had an account, I still have an account with a credit union because credit unions are awesome. |
| 2:12.0 | We love credit unions. You love credit unions? I love credit unions. |
| 2:15.0 | A lot of good reasons to like credit unions. Mostly because a lot of times they offer great rates and their products are really affordable. |
| 2:21.0 | They're not charged on higher fees like the big banks are. |
... |
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