frugalism
/ˈfruːɡəlɪzəm/Definitions
1. noun
A lifestyle or philosophy that values and promotes frugality, often characterized by extreme thriftiness and avoidance of unnecessary expenses.
“She adopted a philosophy of frugalism to live a more sustainable and debt-free life.”
2. noun
A movement or trend that advocates for frugal living and simplicity.
“The growing popularity of frugalism has led to a shift in consumer behavior, with more people opting for second-hand shopping and DIY projects.”