What’s the difference between cheap and frugal? Let’s begin by defining each: “Cheap” has many meanings in different forms; In it’s simplest form, cheap means “at or for a low price.” From an object perspective, it means “of little worth because achieved in a discreditable way requiring little effort.” From person to person informally, it […]
Consumer Frugality Outliving Recession
Recently an online article highlighting frugality among consumers whose wealth had shrunk is outliving the recession was published by Jeannine Aversa and Bernard Condon, AP Business Writers, May 2, 2010. We thought it was fantastic and wanted to share…