Part 5/9:
The dynamic duo also questioned whether frugality is overrated. Mindy expressed that focusing excessively on cutting expenses can detract from life experiences. Amanda echoed these sentiments, asserting that individuals should prioritize increasing their income rather than solely focusing on being frugal.
They made a distinction between frugality—making smart and informed choices with money—and being cheap, which can lead to making subpar choices that ultimately cost more in the long run. This nuance in understanding could serve as a guiding principle for better financial choices.