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Frugality means wise use of money. Cheapness can destroy health and relationships. Prostock-studio / Shutterstock.com
What’s the difference between a frugal person and a cheapskate? To paraphrase Oscar Wilde, a cheapskate knows the price of everything and the value of nothing. A cheapskate drags their feet about spending money at all, to the possible detriment of health and relationships. To them, the only value that matters is the current value of their bank account and investments. By contrast…
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