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Does being frugal mean being stingy?

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Being frugal means being mindful of spending and maximizing resources, while being a miser means hoarding resources and being excessively stingy. Striving for a balance between the two means finding the sweet spot of being mindful with money while still enjoying life and being generous towards others. It requires finding a balance between saving and spending, and avoiding extreme behaviors like over-saving or impulsive spending.
 

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