Your Money and Your Life: Frugality, Scarcity, or Abundance?

When we say that someone is frugal … what do we mean? Are we implying they are cheap, a tight wad, a penny-pincher … or are we implying that they spend money wisely? You can interpret frugality in a number of ways. For example, a single Mom raising 3 kids on her own because her loser ex-husband has an entitlement attitude and refuses to get a job that supports his kids NEEDS to be frugal.