How To Stop Being Cheap
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This is the fifth episode of our special 6-part capsule series, The Grown Woman’s Guide To Life. Hosted by TFD founder Chelsea Fagan, this series is all about navigating your 30s with style and grace — financially and otherwise. In this episode, Chelsea breaks down the difference between cheapness and frugality and shares all the ways she's overcome being cheap in her 30s.
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first! love your content
I’m not cheap, I just don’t buy crap I don’t need!
What gets me is when other people call you cheap for not spending YOUR money. Then they refuse to chip in.
Very relatable topic!
I’ve been saving for 3 years in case of emergency, but the emergency has now passed and I’d love to start being less “cheap” – thanks!
What do you mean by “the emergency has now passed?” What if there is another down the road?
@lawrence-juniornalty Something personal to me. I still have a lot saved, but I don’t need to save anywhere near as much as I have been.
The subreddit R/buyitforlife will do you wonders!
I checked it out. My mom never replaced functioning items, bought a used car and never upgraded. She always had money for the things she needed by not keeping up with the Jones’
Please make a Part 2
I was like this for a long time, because it’s what I learned from my father. Then my girlfriend taught me to „buy once cry once“ and how to take care of your things instead of constantly needing to replace them.
Agreed!!! I need to apply this bc I end up buying cheap, not liking it, and then a year or two later replacing it anyway. So I waste more money 😫
I am at the beginning of my “investment journey”, planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I’m especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don’t really blame people who panic. Lack of
information can be a big hurdle. I’ve been
making more than $200k passively by just
investing through an advisor, and I don’t have
to do much work. Inflation or no inflation, my
finances remain secure. So I really don’t blame
people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach? and How can i reach her, if you don’t mind me asking?
This. I used to have a minimum wage job and watched my money. Now I’m earning well, on salary so money is the same each month. I’m currently going month to month like how do I have this much. This feels weird and the anxiety is still there but I am relaxing more
With this, I’m buying more quality products and being ok spending more
Chelsea, I love your channel, your input, your mindful takes. TFD channel has helped me have a clearer vision of what I want in life and I am very appreciative of it. Tsm
Stand by this and think the same!! 🙂
I started working during the 2008 recession, and then went through the covid shutdowns, and now who knows what’s coming up in the next decade. I’d have to be much wealthier than I am today to be comfortable spending money that I don’t need to, rather than saving it for the future. That said, I’ll never burden other people with my choices such as borrowing money or expecting them to pay for stuff for me.
I love all your videos. This one, however, I felt deeply.
I think most people have the opposite issue. Some of y’all need to learn how to be cheap first.
WHAT IS YOUR WALL COLOR
Fun TFD game: Take a sip of tea every time Chelsea says “game changer”
Am i the only one who finds sound in almost all videos on this channel awful? The volume is constantly jumping from very low, making me turn up the sound, only for being deafened the next second, when it becomes too loud.
These are such great points, Chelsea! There’s such a big difference between being cheap and even stingy, vs being frugal and attentive.. both with money, as you say, and with other aspects, such as emotions and comparisons with others!
Also wanted to say that since I discovered TFD earlier this year I’ve loved every single video! Feel happy and lucky to having discovered this channel! 😀 watching you as an Italian living in another European country ☺️
I can relate to parts of this and I also want to say that from personal experience, it’s hard being on the receiving end of this type of thinking and it harms relationships because creates a sense of competition and assumption that other people are malicious even when it’s not the case