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  1. #1
    M. A. C. Newsome is offline
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    I think all too often we are tempted to confuse "frugal" with "cheap." Frugality is really about spending your money wisely. My Webster's Collegiate defines frugal as "characterized by reflecting economy in the expenditure of resources." The definition of economy Webster's gives that seems most fitting here is "efficient use of material resources." In other words, it is about being efficient. Spending $60 on a cheap pair of Argyle hose that you are going to be unhappy with, or that will wear out with only a few wearings, may indeed by "cheap" but it is not frugal -- it is not an efficient expenditure of your resources, in other words. Whereas spending $150 or $200 on a good quality product that may indeed last your lifetime if cared for, is a much more frugal expenditure.

    I recently came across this quote attributed to American president William McKinley, which I am considering framing and hanging in our gift shop!
    “I do not prize the word 'cheap.' It is not a badge of honor. It is a symbol of despair. Cheap prices make for cheap goods; cheap goods make for cheap men; and cheap men make for a cheap country.”

  2. #2
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    Quote Originally Posted by M. A. C. Newsome View Post
    I recently came across this quote attributed to American president William McKinley, which I am considering framing and hanging in our gift shop!
    “I do not prize the word 'cheap.' It is not a badge of honor. It is a symbol of despair. Cheap prices make for cheap goods; cheap goods make for cheap men; and cheap men make for a cheap country.”
    I hope customers don't take it the wrong way, all with it hanging in a store

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