When I hear the word cheap it has two meanings. If it is applied to a person, they are people that want something for nothing with no intention to pay for it or repay the favor. If it is used with reference to things, it means poor quality or workmanship, and people frequently use cheap when they actually mean to say inexpensive. People that are careful with their money, don't overspend, or buy what they need rather than want aren't cheap in my opinion, they are financially responsible with their resources.