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'''Frugality''' is the [[practice]] of acquiring [[goods]] and [[service]]s in a restrained [[manner]], and resourcefully using already owned [[economic]] goods and services, to achieve a longer term goal.
==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]] cost-free options, using [[barter]], and staying well-informed about local circumstances and both market and product/service realities. Frugal living is generally for people who want to cut expenses, have more [[money]], and get the most they possibly can from their [[money]].
==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]].
[[Different]] [[spiritual]] [[communities]] consider frugality to be a [[virtue]] or a [[spiritual]] [[discipline]]. [http://en.wikipedia.org/wiki/Religious_Society_of_Friends The Religious Society of Friends] and the [http://en.wikipedia.org/wiki/Puritan 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.
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]]. [http://en.wikipedia.org/wiki/Henry_David_Thoreau Henry David Thoreau] [[expressed]] a similar [[philosophy]] in [http://en.wikipedia.org/wiki/Walden Walden], with his zest for self-reliance and minimal [[possessions]] while living simply in the woods.
[[Category: General Reference]]
'''Frugality''' is the [[practice]] of acquiring [[goods]] and [[service]]s in a restrained [[manner]], and resourcefully using already owned [[economic]] goods and services, to achieve a longer term goal.
==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]] cost-free options, using [[barter]], and staying well-informed about local circumstances and both market and product/service realities. Frugal living is generally for people who want to cut expenses, have more [[money]], and get the most they possibly can from their [[money]].
==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]].
[[Different]] [[spiritual]] [[communities]] consider frugality to be a [[virtue]] or a [[spiritual]] [[discipline]]. [http://en.wikipedia.org/wiki/Religious_Society_of_Friends The Religious Society of Friends] and the [http://en.wikipedia.org/wiki/Puritan 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.
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]]. [http://en.wikipedia.org/wiki/Henry_David_Thoreau Henry David Thoreau] [[expressed]] a similar [[philosophy]] in [http://en.wikipedia.org/wiki/Walden Walden], with his zest for self-reliance and minimal [[possessions]] while living simply in the woods.
[[Category: General Reference]]
