Cheap vs Frugal: A Good Distinction I Came Across In A Business Insider Article

So, I was reading an article on Business Insider and they had a nice infographic highlighting the difference between being cheap vs being frugal.

The article is based on a book titled “I Will Teach You to Be Rich” by Ramit Sethi.

https://i0.wp.com/nordic.businessinsider.com/contentassets/c320a034e6bd4aafbb57a56bdc492be7/57583ba691058427008c77f1.png?w=840

Author: Venkata Gandikota

Venkata has more than 13 years of technical engineering, research, ideation, strategy and business modeling experience. Based on his experience with the Indian market and realizing also the need for affordable & sustainable solutions for Finland and other European markets, he started The Nordic Frugal Innovation Society in late 2013 with 2 colleagues. By organizing ideation workshops and 2 major conferences involving Cities, Universities, and businesses he started to mainstream the concept in Finland and the Nordics. Gandikota has also written several articles focusing on frugal innovations in the Finnish media. He has also been helping Finnish businesses in India as CEO of Indianeer Consulting and gives guest lectures at JAMK University of Applied Sciences in Jyväskylä. He has a Bachelors in Chemical Engineering from India and a Masters in Environmental Engineering from USA.