With a blog called Yes, I Am Cheap, you can bet that I get a fair bit of e-mails comparing cheap and frugal. I’ve been asked many times if frugal is better than cheap and I’ve answered this question the same way every single time – there is no difference. It’s what I told Harvard Business Review years ago and it’s what I told Experian last week. Frugal used to have a better connotation than cheap did only because a cheap individual was often viewed as miserly, but ask yourself how many times you’ve said, “Man, that’s cheap” as you hopped onto a deal.
Back before the Great Recession, I’m sure that people looked down their noses at people who actively sought deals. Rap stars were talking about how they pop champagne and flaunted all of their bling, designer and celebrity endorsed everything ruled the airwaves, restaurants outdid themselves with who could create the most expensive burger…Hold on, this deserves a sidebar. Seriously people? Who in the hell is spending $295 for a damn burger? And it doesn’t include fries? For $295 the burger should not only jump into my mouth and chew itself, it should massage my feet and serenade my wallet too. Speaking of rappers and burgers, you have to watch the video below which features this damn burger. […]