Forgotten Virtue: Thrift “Thrift,” said the Roman philosopher Seneca, “comes too late when you find it at the bottom of your purse.” The truth behind that age-old adage is painfully obvious to millions of Americans today. In Tough Times, Americans Rediscover a Forgotten Virtue Reeling from high gas prices, home...
Frugality Frugality is the quality of being frugal, sparing, thrifty, prudent or economical in the consumption of consumable resources such as food, time or money, and avoiding waste, lavishness or extravagance. 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...