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My wife and I used to go out to dinner with her good friend and husband. He would always want to pay with a credit card ( company) and then I would pay him for half the bill. He was always a cheap ass. I would add extra to a tip and he would sometimes leave less than his share. One time my wife met them out for a drink and the bar was serving dollar tacos. Yup, when the bill came he broke it down, adding the taco she ate, lol.
Please define this shopper. Two weekends ago one of our grocery chains had a 3 day sale (Friday through Sunday). Their Freschetta pizzas for $2.99. We meant to go buy a few or more than a few and did not.
For those who did buy some were they:
a. A frugal shopper.
b. An economical shopper.
c. A smart shopper.
d. A cheap shopper.
Please define this shopper. Two weekends ago one of our grocery chains had a 3 day sale (Friday through Sunday). Their Freschetta pizzas for $2.99. We meant to go buy a few or more than a few and did not.
For those who did buy some were they:
a. A frugal shopper.
b. An economical shopper.
c. A smart shopper.
d. A cheap shopper.
If they are a normal consumer of frozen pizzas, and especially a normal consumer of Freschetta pizzas, they were smart shoppers. Tremendous savings can take place when a household needs are defined and then shoppers wait for the items to go on sale, buying enough to last until the following sale.
They were a frugal shopper if they normally buy a different pizza and saw this one was larger than their normal pizza with better quality and made the switch to take advantage of the greater utility at a lower price per unit cost.
They were a cheap shopper if they decided this frozen pizza was a substitute for a healthier and more nutritious meal they would have prepared instead, but saved money without accounting for the loss of nutrients.
An economical shopper can't be defined from a single transaction. An economical shopper is one that budgets their money properly to afford them a surplus (cash in > cash out) and then finds ways to improve upon that budget without scrimping on other items.
Please define this shopper. Two weekends ago one of our grocery chains had a 3 day sale (Friday through Sunday). Their Freschetta pizzas for $2.99. We meant to go buy a few or more than a few and did not.
For those who did buy some were they:
a. A frugal shopper.
b. An economical shopper.
c. A smart shopper.
d. A cheap shopper.
Frugal is following the 80/20 rule to get the best possible quality at the lowest price... finding that sweet spot, spending intelligently. Cheap is paying the lowest possible price and then being disappointed with the quality.
Recently I came up with another equation though... how many hours of research do I spend trying to find said item versus how much money could I make working overtime... if I can make more money on overtime I just go to work, and then pay more.
Road bikes and computers are two examples where spending less is a mistake, but you can way overspend if you want. Road bikes have really gone up in price since I bought mine in 2011. There's a lot of hidden inflation out there.
I admit I don't throw money around at sit down restaurants very much. To me that's a sign of irresponsible spending. My favorite eating is Chinese buffets, at lunch, for around $9-11 total per person. I remember 20 years ago Freshetta pizzas were still $5-6. The fact they're often on sale for $3-4 in 2020 is pretty amazing. I might change my tune on the restaurant thing going forward though. 2 hours of overtime for a nice meal that takes 2 hours or more of my time is not terrible, but lots of people at work are going out for drinks and food multiple times a week, blowing hundreds per month.
It’s cheap to buy a flimsy pair of shoes that gives you back, knee and foot pain and it’s frugal to spend more up front and save in medical bills later on.
I think a cheap person just looks at the initial cost and nothing else while a frugal person takes the big picture into account and spends carefully and accordingly.
Agree. I will not stint on quality shoes (NOT fashion shoes) so they last and are comfortable. Like $100 to $250. But I'll get around-the-house clothes at Target, I don't care.
For other clothes, we get quality stuff at REI since that is our lifestyle.
But I actually find it fun and amusing to recycle/re-use foil, baking paper, printer paper, ziplocks, string, plastic bags or anything else that can be easily re-used. We pick up string on the beach and use it, sometimes.
We get the cheapest airfares so we can afford our overseas trips. But I'll get a $12 cocktail or 3, if we're someplace that has what we like. But it's an outdoor cafe, not a Michelin restaurant which holds no appeal for us.
I do take the hotel soaps since I figured I paid for 'em and they are a nice size for the bathroom sink, lol. But not the shampoo, heh. I need the good stuff---yeah, like the $25 stuff, 'cause I have to.
Re Freschetta pizzas: I don't think they're the best brand of frozen pizzas; but I'd buy a couple if they were on sale for $2.99--I've never seen them that cheap tho. "American Flatbread" is the best frozen pizza IMO, but usually they're too expensive--$8.99 each!--but occasionally I've found them on a "2 for 1" sale. Shaw's supermarkets has their own store brand of pizza that they put on sale a sometimes at $2.99--they're very good if you pick the right type/flavor.
Of course it ain't health food--I always feel guilty after eating one. Here's one review of frozen pizzas:
Frugal I'd say is I will eat out w/friends or coworkers sparingly (2x times a month maybe)
Cheap I'd say is I will NEVER go out to eat or drinks unless someone else is paying.
Frugal I'd say is the well-known you have to try it restaurant, ok I'll try it once.
Cheap is I will NEVER, ever go, because I refuse to pay and will only go if someone else pays.
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