Cal Ewing, the patron saint of high school economics, once told our class that there is no such thing as a free lunch. I have spent the last 15 years trying to disprove that theory, and I have miserably failed. Therefore, I have come to the conclusion that free is bad. I think that the old phrase “you get what you pay for” is probably the most accurate when describing frugality.
I often find that people are overly consumed with getting a good deal on something. I think that is where the word value enters into the equation. You should always look for value, not just a freebie. Free isn’t good. For example this blog is free…
Peter Dunn a.k.a. Pete the Planner® is an award-winning financial mind and a former comedian. He’s a USA TODAY columnist, author of ten books, and is the host of the popular radio show and podcast, The Pete the Planner Show. Pete is considered one of the foremost experts on financial wellness in the world, but he’s just as likely to talk your ear off about bass fishing.