Monday, February 4, 2008

DEFINITION

Frugality (also known as thrift or thriftiness) is the practice of restraint or creativity in the acquisition of goods and services at minimum cost, as well as the conservative use thereof.
often confused with cheapness or miserliness, is a traditional value, life style, or belief system, in which individuals practice both restraint in the acquiring of and resourceful use of economic goods and services

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