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I am on a frugal side, and believe that frugality is generally a good feature as long as not going overboard into the cheapskate land.
I am happy to see that there are over 800k folks that seemingly think that way too on Reddit Frugal.
https://www.reddit.com/r/Frugal
Being Frugal is good. Jeff Bezos build Amazon on frugality and still operates it that way. It's always easier to spend money than make money, and getting a good deal shouldn't be frowned upon.
Looking at Reddit Frugal sub reddit there are many useful tips how to fuel your frugality. I would say most of them are pretty reasonable and don't cross the line into cheapskate territory.
So, lets debate if being frugal is okay or not.
Debra AI Prediction
Post Argument Now Debate Details +
Arguments
  Considerate: 89%  
  Substantial: 59%  
  Spelling & Grammar: 91%  
  Sentiment: Neutral  
  Avg. Grade Level: 6.96  
  Sources: 0  
  Relevant (Beta): 65%  
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  Considerate: 69%  
  Substantial: 50%  
  Spelling & Grammar: 100%  
  Sentiment: Neutral  
  Avg. Grade Level: 7.12  
  Sources: 0  
  Relevant (Beta): 96%  
  Learn More About Debra
So high risk/high reward is not mutually exclusive of being frugal
  Considerate: 95%  
  Substantial: 93%  
  Spelling & Grammar: 93%  
  Sentiment: Positive  
  Avg. Grade Level: 8.92  
  Sources: 0  
  Relevant (Beta): 77%  
  Learn More About Debra