'Money coach explains the key distinction between frugality and cheapness—her approach to spending'

Shift in Mindset: Michela Allocca transitioned from a frugal mindset focused on cutting costs to one that emphasizes purposeful spending, advocating for the philosophy of "buy less, but buy better."

Quality Over Quantity: Allocca now prioritizes high-quality purchases that enhance her daily life, such as a quality mattress and an espresso machine, while maintaining a small, versatile wardrobe of essentials.

Socializing on a Budget: She engages in affordable social activities, like walking and coffee outings with friends, which provide emotional fulfillment without the high costs associated with dining out.

Balanced Financial Habits: Allocca practices budgeting and transaction reviews to maintain awareness of her spending, emphasizing progress over perfection and accepting occasional splurges as part of life.