Is being frugal greed?

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  1. Elizabeth Guinoo profile image55
    Elizabeth Guinooposted 7 years ago

    Is being frugal greed?

    Frugal seems misunderstood by others. How can you differentiate those two.

  2. lilibees profile image60
    lilibeesposted 7 years ago

    Frugal is not greed if your doing it to advance your finances and family. Saving money here and not spending there is not greed it is smart.

  3. Victoria Stephens profile image72
    Victoria Stephensposted 7 years ago

    Greed is someone who always wants more than they'll ever need. 

    Frugal is someone who stretches their money as far as they can in order to get the things they need.

  4. JMattingly profile image34
    JMattinglyposted 7 years ago

    Frugal is being responsible.  I see greed as wanting more than you need of something, and frugal as wanting enough of something forever.  Maybe I'm wrong here, but that's my simple mindset at work.

  5. framistan profile image56
    framistanposted 7 years ago

    That is a very good question.  I like everyones answers showing how to differentiate greed from frugality.  But i think frugality CAN lead to greed if you are not carefull.

  6. Scott_Grigg profile image42
    Scott_Griggposted 7 years ago

    Frugal is trying to save money by being careful and educated about what you are purchasing. Greed is the aquisition of money. I believe most people who are frugal aren't greedy, they're trying to save money because they can't acquire it.

  7. Jan Fowler profile image60
    Jan Fowlerposted 7 years ago

    Being frugal is using up every last drop of shampoo. Greed is not letting anyone else use the very last drop of shampoo.

  8. Gary Rowell profile image58
    Gary Rowellposted 7 years ago

    Frugal means thrifty and there is nothing wrong with saving your own money. Greed is selfishness.

  9. FabLiz86 profile image69
    FabLiz86posted 7 years ago

    It can be good to be frugal and does not mean that you are greedy.  But, if you focus too much on keeping all of your money (rather than giving to others in need when you can) that can lead to greed.  I believe it is good to be frugal and generous that way no money is wasted and it is going to those who need it most.

  10. Mavis Nong profile image56
    Mavis Nongposted 7 years ago

    Frugal is not greed. It's being smart, saving money and spending it wisely. Greed is when you are never satisfied with what you have, always wanting more than you need.

 
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