Word of the Day
September 24, 2021
Frugality
The quality of being economical with money or resources; careful avoidance of waste; thrift in the management of finances.
From Latin 'frugalitas', derived from 'frugalis' meaning thrifty or economical, ultimately from 'frux' meaning fruit or profit, reflecting the idea of making the most of one's resources.
Usage Examples
- Thomas Jefferson advocated for frugality in government, warning against the multiplication of offices and salaries.
- Fiscal frugality requires applying public revenue to reduce debt rather than expand bureaucracy.
- The Founders understood that frugality in public spending protects future generations from inherited debt.
From the Show
The principle of frugality threaded through the September 24, 2021 discussion as Rick Turnquist contrasted Jefferson’s vision of limited government with the Democrats’ $3.5 trillion spending package.