Stingy, Good or Bad?

Question

Is it ok to be stingy with money? Not using up money and goin the cheap way out,ON PROJECTS for example, coming up with ideas that dont cost a lot of money, when others spend much money,

Answer 1

There is a saying in Spanish that says the inexpensive turns out costly. You might end up with cheap fabrics or bad food or maybe even a bad plumbing job and have to shell out more money to get it right. It always pays of to spend more on quality

Answer 2

You cannot go cheap on things that matter. In the long run you will spend more replacing your mistakes. It's another thing to spend less for something that looks like you spent more and got the same affect. For building issues, going cheap is never smart. Spend the most you can afford. For design issues, you have lots of room to play if you have good taste. Clothing is the same way. You can buy a lot of cheap clothes and keep replacing them or you can spend money on good pieces and own them for years without going out of style. It's all about taste.

Answer 3

There is no reason not to be stingy! Wish I had the will to be cheap, it will save money in long run.

Answer 4

I'm in advertising and there is sort of a formula we use in the business...

cheap ... good ... fast - you can choose two of these.

What this means is:

You can do something cheap and good but it wont be fast.

You can do something cheap and fast but it wont be good.

Or you can do some thing good and fast but it wont be cheap.

This has always seemed to be how things work out for me, whether talking about school projects, work projects, buying gifts etc.

Answer 5

Sounds like a savings plan to me, but remember you get what you pay for.

Answer 6

Good, it will be better in the long run.

Answer 7

Frugal is not cheap....you can onlt decide for yourself.