By  Wed Feb 19, 2014

When It Doesn’t Pay Off to Be Cheap

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We’re all about shopping wisely and saving money. Comparison shopping for the best refrigerator within your budget on the market? We’re so there. Researching online to find out what consumers say about the new digital camera you want to buy? Awesome. Monetizing your hobby? You must read our website a lot to be that smart.

Undertaking a DIY project to redo the plumbing in your bathroom? Well… not so fast. Are you equipped to handle that project?

There’s a big difference between frugal and being cheap. Frugality means you’re conscious about how you use and spend your hard-earned money.

Being cheap means you want to spend the least amount of money possible — no matter what. And that’s not always the best approach to spending money. There are times when being cheap just isn’t smart. Here are 13 examples of when it doesn’t pay off to be cheap.

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