Frugality

/fruːˈɡæləti/

Meaning & Definition

noun

The quality of being economical with resources, especially money; thrift.

Her frugality allowed her to save a significant amount of money for her future.

The practice of using less money or resources; simple living.

Frugality was a core principle in their household, leading them to live within their modest means.

An inclination to avoid waste and use resources sparingly.

His frugality extended to all aspects of life, from grocery shopping to household spending.

From Latin 'frugalitas', from 'frugalis', which means economical.

penny-wise, pound-foolish

Being careful with small amounts of money but wasting larger amounts.

cutting corners

Doing something in the easiest or cheapest way, often at the expense of quality.

living within one’s means

Spending less than or equal to the income one earns.

thrift

The quality of using money and other resources carefully and not wastefully.

economy

The careful management of available resources.

budgeting

The process of creating a plan to spend your money.

tightfisted

He's so tightfisted that he won't even buy a coffee.

cheap

I’m not cheap, I'm just frugal.