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Frugality (also known as thrift or thriftiness ) is the practice of acquiring goods and services at minimum cost, achieved via economical restraints or creative measures. Frugality can be related to the idea of being conservative or conserving money. Image File history File links Question_book-3. ...

Strategies for frugality

Common strategies of frugality include the reduction of waste, curbing costly habits, suppressing instant gratification by means of fiscal self-restraint, seeking efficiency, avoiding traps, defying expensive social norms, embracing free (as in gratis) options, using barter, and staying well-informed about local circumstances and both market and product/service realities. A strategy is a long term plan of action designed to achieve a particular goal. ... For other uses, see Waste (disambiguation). ... In psychology, habituation is an example of non-associative learning in which there is a progressive diminution of behavioral response probability with repetition of a stimulus. ... Gratification is the positive emotional response (happiness) to a fulfillment of desire. ... Economic efficiency is a general term for the value assigned to a situation by some measure designed to capture the amount of waste or friction or other undesirable economic features present. ... A 19th-centure example of barter: A sample labor for labor note for the Cincinnati Time Store. ...

Philosophy

Frugality in the context of certain belief systems, is a philosophy in which one does not trust, or is deeply wary of "expert" knowledge, often from commercial markets or corporate cultures, claiming to know what is in the best economic, material, or spiritual interests of the individual.

There are many different spiritual communities that consider frugality a virtue or a spiritual discipline. The Religious Society of Friends and the Puritans are examples of such groups. The basic philosophy behind this is the idea that people ought to save money in order to allocate it to more charitable purposes, such as helping others in need. Quaker redirects here. ... For the record label, see Puritan Records. ...

There are also environmentalists who consider frugality to be a virtue through which humans can make use of their ancestral skills as hunter-gatherers, carrying little and needing little, and finding meaning in nature instead of man-made conventions or religion. Henry David Thoreau expressed a similar philosophy in Walden, with his zest for self-reliance and minimal possessions while simply living in the woods. Thoreau redirects here. ... This article does not cite any references or sources. ... Simple living (or voluntary simplicity) is a lifestyle individuals may pursue for a variety of motivations, such as spirituality, health, or ecology. ...

See also

Look up frugal in Wiktionary, the free dictionary.

• Over-consumption
• Simple living
• Intentional living
• Miserliness

Wikipedia does not have an article with this exact name. ... Wiktionary (a portmanteau of wiki and dictionary) is a multilingual, Web-based project to create a free content dictionary, available in over 151 languages. ... Over-consumption is a concept coined in developing nations to counter the rhetoric of over-population by which developed nations judge them as consuming more than their economy can support. ... Simple living (or voluntary simplicity) is a lifestyle individuals may pursue for a variety of motivations, such as spirituality, health, or ecology. ... Intentional living is a term used in a variety of contexts including religious, ethical and values-oriented contexts as well as coaching, personal transformation, and leadership training practices and programs. ... For Molières play, see The Miser. ...

External links

• FruWiki, The Frugal Wiki
• Frugal Living Articles
• Free Tips on Frugality at Pinchtown.com
• Making Money and Living Cheap