On Frugality

Internet startups are starting and running cheaper than ever.  Frugality is a point of pride.

"Money in the bank is cash for your wages", says Gianforte in Bootstrapping Your Business.

I am glad that innovation is cheaper and entrepreneurship is cheaper than ever before, mostly because the timing is right for our start-up.

I even pride myself on my cost conscious attitude.  

But when does cutting costs become cutting corners?  When is frugality dangerous in a start-up?  When should you spend the extra buck and do it right?

I imagine these are questions with "fine line" answers.

Should you ever cut corners on legal fees? Which ones?

Is having an accountant a luxury or a best practice?