173. Frugal vs. Cheap - How to Build Your Personal Spending Philosophy

There can be a fine line between frugal and cheap, but taking the time to define your own spending philosophy can help to sharpen that line. We tackle our own frugal versus cheap identity crises and define what it truly means to spend intentionally. We share specific examples of what we have trouble spending on and explore how fear and scarcity can turn a healthy money habit into pathological cheapness. By defining your own spending rules and evaluating your daily habits, you can confidently spend on what brings you joy while gracefully letting go of the rest.Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/173-frugal-vs-cheap-how-to-build-your-personal-spending-philosophy/