Being cheap is being obstinate. Being frugal is being wise.
With that said, I don't consider it being "cheap" to make and bring your own lunch to work--in fact, I think it's healthier as most outside food is crap!
I'm also careful with clothes spending. I'm still trying to comprehend how some people pay $200 for a pair of jeans....at any rate.
Being frugal also means taking care of, or fixing, what you have. Before running out and buying a new computer, I try to fix my old one. Any surprise that I'm still using my iBook G3 for 5+ years?
Cutting out the bad habits--drinking, smoking--also gives your wallet a sign of relief. I don't do either, but I know some who can do without them.
My favorite is when I redeem my credit card reward points for gas cards. Do the math on this: for 9,000 points I get a $50 statement credit, but for 5,000 points, I get a $50 gas card for any Shell gas station ($50 in free gas!). Which would you pick?
I'm still using my same cell phone from January 2005, my Motorola v600 with T-Mobile, with whom I'm a subscriber for 39.99 for 1500 minutes. And I plan on using that cell phone as it's still in good shape and does the job for me.
Soda from a vending machine? Bad for your teeth. I'll have some water from the cooler, thank you.
It goes on and on....
