I like to save money. I buy my clothing on sale, compare prices and use cash back programs. In addition, my family goes without certain luxuries like television and going to the movies. Yet, there are times to pinch pennies and other times to shell out a few extra dollars. In other words, simply because I am frugal doesn't mean I'm cheap.
Tipping More than the Minimum
When I go out to dinner, I generally tip 20%. I don't go out a lot and I like to recognize when I have been given good service. If I have been given bad service, I will tip lower. However, I am generous most of the time. When I get my hair or nails done, I will sometimes tip 25%. I figure my manicurist works hard so a $4 tip for a $16 manicure is more than fair.
Knowing When to Splurge
I like to get a deal on items like laundry detergent and paper products. However, I also know when to splurge. For instance, I spend more on health and safety related items. After all, I feel that spending $1000 on a quality mattress is a good investment for my well-being. Healthy food, good car seats and a quality preschool for my children are other areas where I have been known to splurge. In addition, sometimes spending more on a nice set of pans or t-shirts will save me money in the long run because the items won't wear out.
Being Smart
There is nothing wrong with receiving a good deal. For instance, we are more likely to stay at a hotel by the beach in the winter. We know that the rates are usually at least $50 less than in the summer. It may be the off-season. However, the hotel is still enjoyable and it's a pleasant experience. In addition, if I find some clothing I like, I figure I might as well wait until the item goes on sale. Being smart saves me money. Part of being frugal is knowing when to buy something and when to wait for a better deal.
An Occasional Indulgence
Being frugal doesn't mean you can't ever indulge. I often go out for an elegant dinner for my wedding anniversary. I also don't mind using a coupon when I go out to dinner either. We also like to go to amusement parks. However, I will use my AAA card or a discount to save my family money.
Living a frugal lifestyle means I know the value of a dollar. Yet, I won't sacrifice quality or give a bad tip to save money.
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