Misconceptions about frugality

Here are some common misconceptions about frugality and frugal folk. What is frugality? Wikipedia makes a wonderful reference to a behavioural science research paper titled, “Lifestyle of the Tight and Frugal: Theory and Measurement” The authors state, “Frugality is conceptualised as a lifestyle trait reflecting disciplined acquisition and resourcefulness in product and service use. Frugality…

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