Indicators That Someone Is Not Frugal but Rather Cheap
- Publish date: since 12 hour Reading time: 1 min read
10 Signs Someone Is Just Cheap
-
1 / 10
- Related articles
- 10 Cheap Things Frugal People Say Changed their Lives.
- I’m a Frugal Shopper: Always Buy the Cheapest Version of These 8 Foods
- 10 types of men women are naturally drawn to within minutes
Splitting a dinner bill or planning a weekend road trip often brings financial habits right into the spotlight. Intentional saving is very admirable; still, a behavioral economics study in the Journal of Consumer Research, "The psychology of hyper-thrift: distinguishing resource management from social cost-shifting," shows that there is a psychological boundary. While frugality is about increasing value over time, cheapness may sometimes mean saving a small amount of money today at the expense of inconvenience for others.