RE: Ask Leo: Is being frugal and stingy one of the best ways to accumulate wealth?
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Been frugal is ok, but been stingy is never a way to accumulate wealth, been stingy is always finding a way to run away responsibility, to some extend been frugal is also been stingy, because in this world they will be always need to do something, and if you use the opportunity to run away for responsibility is also been stingy.
Family will always be a call away, some if you use the method that they is always something to do, and not attending to their call, to me is been stingy and not been frugal.
And just because tomorrow is not guarantee doesn't mean that we shouldn't save,and be living anyhow, ever if you tomorrow is not guarantee, the tomorrow of your children should be guanrantee by you.
Absolutely, one need to constantly think about the future and work towards making life easy and better for our kids. One just need to be strategic about it and remember to live too. As you are saving, also remember to live and take good care of yourself. Some stingy people appear to even endanger themselves by not taking proper care of themselves.
Make calculated spending,
Invest,
Save,
And live.
Thank you so much for the nice comment.
You are welcome