Another Word For Frugality

Meaning

Frugality refers to the quality of being economical with resources, especially money. It involves making careful decisions about spending, prioritizing savings, and minimizing waste. People who practice frugality tend to be mindful about how they allocate their financial and material resources, aiming to live within their means and reduce unnecessary expenses.

Synonyms

• Thriftiness
• Economy
• Parsimony
• Prudence
• Austerity

Antonyms

• Extravagance
• Wastefulness
• Profligacy
• Opulence
• Lavishness

Etymology

The word "frugality" comes from the Latin "frugalitas," which derives from "frugalis," meaning "economical" or "thrifty." The original meaning was related to "fruit" (from "frux") in the sense of being fruitful or productive, indicating something that provides a good return in terms of resources.

Examples

1. Living in a frugal manner can help individuals save money for future investments or emergencies.
2. His frugality allowed him to build a substantial savings account over the years.
3. Some people view frugality as a lifestyle choice that emphasizes sustainability and minimalism.
4. Despite her frugality, she always finds ways to enjoy life without overspending.
5. The company adopted a policy of frugality to weather the economic downturn effectively.