The crucial distinction between being “Cheap” and “Frugal”

My blog today in the Financial Post looks at the critical distinction between being “cheap” (universally condemned as being not a good thing), and “frugal” (generally acknowledged as a good thing and the key to living within your means and building financial independence. You can find it here under the headline Jonathan Chevreau: How being Cheap is causing Canadians wallet pain.

Next week Capital One Canada and Credit Canada Debt Solutions will be kicking off Credit Education Week with a Twitter-based social media campaign that challenges readers to divulge their own happy stories of being frugal and not-so-happy tales of being cheap.

Sounds like fun!