Frugality

James Gillray's satirical print Temperance Enjoying a Frugal Meal. George III is depicted with patched breeches and a chair covered with protective fabric, eating a simple boiled egg and using the tablecloth as his napkin. Winter flowers fill the unlit fireplace.[1]

Frugality is the quality of being frugal, sparing, thrifty, prudent, or economical in the consumption of resources such as food, time or money, and avoiding waste, lavishness or extravagance.[2]

In behavioral science, frugality has been defined as the tendency to acquire goods and services in a restrained manner, and resourceful use of already-owned economic goods and services, to achieve a longer term goal.[3]

  1. ^ "Temperance enjoying a frugal meal". British Museum.
  2. ^
    • "frugal". Century Dictionary Online. Retrieved 15 April 2011.
    • Macdonald, A.M., ed. (1972). Chambers Twentieth Century Dictionary. Chambers.
    • Oxford American Dictionaries (computer application). Apple Computer. 2005.
    • Woolf, Henry, ed. (1980). Webster's New Collegiate Dictionary. Springfield MA: Merriam. ISBN 0-87779-398-0.
  3. ^ Lastovicka, J.L.; Bettencourt, L.A.; Hughner, R.S.; Kuntze, R.J. (1999). "Lifestyle of the tight and frugal: Theory and measurement". Journal of Consumer Research. 26: 85–98. doi:10.1086/209552.