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Mom Confessions Mom Confessions

Confession s/o I'm so cheap...

Anonymous
Posted by Anonymous
  • 7 Replies

I'm so cheap I buy my textbooks used then I sell them for same or more than what I bought them for :O 

Posted by Anonymous on Oct. 9, 2013 at 8:12 PM
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Replies (1-7):
MixedCooke
by Platinum Member on Oct. 10, 2013 at 2:12 AM

not cheap, thats frugal and smart because textbooks are quite expensive and sometimes they switch to the new edition so now the textbook you just paid $200 for, you'll be lucky to get $20!

Anonymous
by Anonymous on Oct. 10, 2013 at 2:15 AM
I absolutely did the same thing. I made like a 400% profit on my psych book.
thefiregoddess
by Ruby Member on Oct. 10, 2013 at 2:18 AM
I did it too. I made 200$ profit selling one of my natural chem books
tiniowien
by Gold Member on Oct. 10, 2013 at 2:20 AM

Luckily my text books are covered..unless I lose them (all ebooks) then I get to buy a copy..one of my books was $300 

Sassy762
by CAFE SASSY HBIC on Oct. 10, 2013 at 2:21 AM

The Difference Between Frugal and Cheap

By Erik Folgate

Ever since I have been more passionate about personal finance and managing my money, I have noticed that there are different definitions of being cheap and being frugal, depending on who you talk to. When my wife and I started telling people that we couldn’t go on vacation, because we were paying off debt, or that we don’t use credit cards, they looked at us funny. When we clip coupons and go to the $1.50 movie theater, some people laugh at us. We’ve never been heckled about it, but we’ve definitely heard the “you only live once” line when we tell people that we are saving money or paying off debt before we spend it on a major purchase.

So, for what it’s worth, here’s my definition of frugal and cheap

Frugal

  • Looking for deals and taking advantage of sales and promotions when you were already planning on purchasing something
  • Delaying pleasure and instant gratification to make a big purchase
  • Not making a point to tell friends and family every time you saved money
  • Not obsessed with brands
  • Does not sacrifice quality to buy something only because it is cheaper

Cheap

  • Your cheapness affects the quality of life of others such as spouse or family
  • Your basic needs are of lesser quality
  • You never splurge a little when you have the money to spend
  • You will sacrifice quality to buy what is the cheapest
leksismommy
by Gold Member on Oct. 10, 2013 at 2:23 AM
1 mom liked this

 Thank you for that clarification, many do not understand the difference.


Quoting Sassy762:

The Difference Between Frugal and Cheap

By Erik Folgate

Ever since I have been more passionate about personal finance and managing my money, I have noticed that there are different definitions of being cheap and being frugal, depending on who you talk to. When my wife and I started telling people that we couldn’t go on vacation, because we were paying off debt, or that we don’t use credit cards, they looked at us funny. When we clip coupons and go to the $1.50 movie theater, some people laugh at us. We’ve never been heckled about it, but we’ve definitely heard the “you only live once” line when we tell people that we are saving money or paying off debt before we spend it on a major purchase.

So, for what it’s worth, here’s my definition of frugal and cheap

Frugal

  • Looking for deals and taking advantage of sales and promotions when you were already planning on purchasing something
  • Delaying pleasure and instant gratification to make a big purchase
  • Not making a point to tell friends and family every time you saved money
  • Not obsessed with brands
  • Does not sacrifice quality to buy something only because it is cheaper

Cheap

  • Your cheapness affects the quality of life of others such as spouse or family
  • Your basic needs are of lesser quality
  • You never splurge a little when you have the money to spend
  • You will sacrifice quality to buy what is the cheapest


 

ff-princess
by Platinum Member on Oct. 10, 2013 at 10:33 AM

I rented mine.  it came new in the packaging, and it was $35 instead of $85.

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