92 Percent of Americans Consider Frugality an Attractive Quality, According to New Survey Findings From Slickdeals

LOS ANGELES, June 21, 2018 /PRNewswire/ -- Slickdeals, the leading crowdsourced shopping platform, commissioned a survey of 2,000 Americans on the differences between being cheap or frugal, in which nine out of ten respondents found frugality to be an attractive quality in a romantic partner.

Being cheap is about spending as little money as possible, while frugality encompasses several factors like money, convenience and time, coupled with overall value, being of importance. In the survey, 72 percent of respondents believe that seeking out deals or coupons for all purchases is frugal, whereas 44 percent think it is cheap to re-gift items. Additionally, not leaving a tip at all (regardless of service) and always tipping 15 percent (even if service is outstanding) is perceived as cheap.

"The increased propensity toward frugality brings to light the importance of value for today's shoppers," Slickdeals CEO Josh Meyers said. "Making smart purchase decisions and looking for deals or coupons is becoming mainstream – it's what savvy consumers do because they are financially wise."

As people mature and age, they become more frugal. The survey shows that 27 is the age people felt the most financially reckless, 30 is when people start taking their finances seriously, and 38 is when people become the most frugal.

Money plays a big role in relationships. 53 percent of Americans are hesitant to enter a relationship with someone carrying large sums of debt. The survey found that six in ten Americans have had a previous partner who was reckless with money, prompting them to look for a more financially responsible partner.

A whopping 79 percent of Americans find using coupons on a first date to be acceptable.

"When it comes to consumer attitudes, there is a fine line between frugal and cheap, and we wanted to test those boundaries through this survey," Meyers added. "At Slickdeals, the leading crowdsourced shopping platform, we empower consumers to discover hidden opportunities to save on everything from flat screen TVs to laundry detergent. As for relationships and dating, it's great to see that expressing smart consumerism is no longer considered taboo."

Additional survey data showed:

IS IT CHEAP OR FRUGAL? HOW THE RESPONDENTS VOTED:

Not leaving a tip at all (regardless of service)

CHEAP (75%)

Reusing tea bags or coffee filters

CHEAP (60%)

Calculating your part of a group bill to the cent

CHEAP (52%)

Lengthening longevity of soap by diluting soap bottles with water

CHEAP (49%)

Re-gifting 

CHEAP (44%)

Always tipping 15%, even if the service is outstanding 

CHEAP (41%)

Eating food a few days past its expiry date 

CHEAP (35%)

Declining to be a part of rounds at the bar

CHEAP (35%)

Keeping outdated or worn out electronics that barely work

FRUGAL (39%)

Buying no-name electronics 

FRUGAL (51%)

Only having alcohol at home   

FRUGAL (51%)

Watching movies at home instead of in the theatre

FRUGAL (61%)

Regularly tracking the home thermostat 

FRUGAL (62%)

Shopping at second-hand clothing stores

FRUGAL (63%)

Buying off-brand food products 

FRUGAL (65%)

Buy clothes at department stores like Kmart, Walmart etc 

FRUGAL (67%)

Regularly tracking electricity use  

FRUGAL (70%)

Seeking out deals or coupons for all purchases

FRUGAL (72%)

TOP 20 FIRST DATE TURN-OFFS

Poor hygiene

77%

Bad manners

73%

Being on their phone

57%

Getting drunk

54%

Bragging

49%

Being controlling

44%

Checking out other people

41%

Talking poorly about an ex

39%

Complaining

38%

Treating server poorly

37%

Lying about their appearance

32%

Being late

27%

Bragging about money

27%

Not talking

26%

Swearing

26%

Talking too much

24%

Boring

23%

Moving too fast

23%

Not offering to pay/split the check

17%

Under-tipping a server

13%

About Slickdeals:
Slickdeals is the leading crowdsourced shopping platform, where 10 million users interact to share the most up-to-date information on online shopping deals and coupons. Through the power of crowdsourcing, Slickdeals has saved members over $5.5 billion by providing a forum for communication, as well as shopping tools such as its free Android or iOS apps. Slickdeals consistently ranks in the Top 100 most visited sites in the U.S. per Alexa.

To read more money-savings tips and news-worthy coverage on Slickdeals, visit the company blog at: https://slickdeals.net/news/.

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