This dilemma will inevitably come up for any personal finance blogger or person trying to get out of debt.
I will try to define the terms Cheap and Frugal using the diagram below:
Frugal is “socially acceptable” whilst Cheap is not
Scenario #1: Going to Work
Frugal: Walking or riding the bicycle; carpool and splitting cost
Cheap: Hopping on the bus without paying; carpool without paying back
Generous: Offering to giving co-workers a ride
Wasteful: Commuting to work on a gas guzzler
Scenario #2: Shopping for groceries
Frugal: Using a coupon at the grocery or supermarket
Cheap: Using a fake coupon at the grocery store; Reprinting a legal coupon 20 times;
Scenario #3: You are invited to celebrate someone’s birthday party at an expensive restaurant
Frugal: Have dinner at home and go out to socialize and order just a drink or appetizer.
Cheap: Go out and order a drink or appetizer and ask to nibble on everyone else’s plate.
Generous: Order a large shareable plate for everyone
Wasteful: Order a dinner for yourself and only eat a third of it, throwing the rest away.
Scenario #4: Going to the movies
Frugal: Suggest to go on Tuesday for half price tickets or use coupons
Cheap: Sneak into the movies and grab a used popcorn bag and ask for a free refill
Generous: Buying the popcorn for your entire group to share
Wasteful: Buying the popcorn for yourself only but only eating a third of it