Saving Money: Stingy or Frugal (Kuripot o Matipid)

         Saving money or keeping a portion of your hard earned money to be used for your future financial goal is really makes you a kuripot?  Do you believe in it? Hmmm! Saving money when you do it regularly, it becomes a habit and it will become part of your daily life. Because of saving you learn how to budget your salary, you learn to differentiate the wants from needs and most especially you learn how to value each centavo you earned. 

         It will develop your vision towards your goal, why you are saving money. When you start saving money you minimize your expenses on things that you don’t really need and living a life below your means. Because you realize how to value each centavo you will spend. In some cases you also refuse to lend money to someone else.

          But is that enough reason to call you a Kuripot? Sometimes you will feel annoyed and sometimes ashamed of yourself, especially if they will say it in front of the other people 'kahit pabiro pa ito". Maybe you will ask yourself kuripot ba ako? Well, don’t be irritated to what some people saying about to you, because they don’t really understand what you are doing. Also, they don’t know what the real kuripot is? Kuripot is depends on how a person behave and act on spending his or her money. Actually, there is a good and bad side of kuripot. A word kuripot or stingy are synonyms of the English word “miser” which is defined by Wikipedia as;

A miser is a person who is reluctant to spend, sometimes to the point of forgoing even basic comforts and some necessities, in order to hoard money or other possessions. 

          So, kuripot can be called to a person who refused to spend money even for his or her own benefits. You work hard to earn money for your comfort and then you will not spend it even for your own benefit. If you become a slave of your money, you’re living like a miser in which you can be called a kuripot. But if you refused to spend money on the things you don’t really need, you are just a wise person thinking the right decision before spending your hard earned money. It means you are a frugal person or matipid in which Wikipedia defines frugality as;

Frugality is the quality of being frugal, sparing, thrifty, prudent or economical in the consumption of consumable resources such as food, time or money, and avoiding waste, lavishness or extravagance.

         Let say that kuripot has good and bad side. The bad side of kuripot is the person who is living a miser's life. A person refused to spend money even for his or her own comfort. Also, refuse to help others, even it is an emergency or life & death situation. 

        While, the good side of kuripot is living in a frugal way "wais or matipid" knows how to control his or her way of spending, knows to separate the needs from wants and a person who has no hesitation to extend his or her hands to others in time of emergency situation. 

          Next time, don't be upset for what others will say to you at least in yourself, you know that you are a good side of kuripot. So, if someone says to you "kuripot" just smile and say "matipid lang". Continue your goal of saving money, but don’t just saving it, also learn to invest your money. Because through investing, you are not only allowed your money to grow, also you make your money work for you. 

          Before I end up, let me ask you a question are you in a good or bad side of kuripot? Please write your answer in the comment box below. Again, thank you for visiting my blog and see you in my next post. May god bless you!

Also Read:

The Importance of Writing Down your Expenses
The Importance of Building your Own Emergency Fund
Is it Important to a Couple to have the same set of mind in Terms of Financial Matter?
An Advice for OFW before leaving our Country

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