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What is the Opposite(Antonym) of “extravagancy”?

The Opposite(Antonym) of “extravagancy”

The antonyms of extravagancy are frugality and thriftiness. The antonyms frugality and thriftiness convey the opposite meaning of extravagancy, which is the act of spending money excessively or wastefully.

Explore all Antonyms of “extravagancy”

Definitions and Examples of frugality, thriftiness

Learn when and how to use these words with these examples!

The quality of being economical with money or resources; avoiding waste.

Example

Her frugality allowed her to save enough money to buy a house.

The quality of using money and resources carefully and not wastefully.

Example

His thriftiness helped him to live within his means and avoid debt.

Key Differences: frugality vs thriftiness

  • 1Frugality implies a conscious effort to save money and resources, while thriftiness suggests a natural inclination to use resources carefully.
  • 2Frugality can be seen as a positive trait that leads to financial stability, while thriftiness can sometimes be seen as stinginess or being overly cautious with money.

Effective Usage of frugality, thriftiness

  • 1Personal Finance: Use these antonyms to describe different approaches to managing money.
  • 2Environmentalism: Incorporate these antonyms to discuss ways to reduce waste and conserve resources.
  • 3Business: Utilize these antonyms to describe different spending habits and management styles.
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Remember this!

The antonyms frugality and thriftiness convey the opposite meaning of extravagancy. Frugality implies a conscious effort to save money and resources, while thriftiness suggests a natural inclination to use resources carefully. Use these antonyms to describe different approaches to managing money, discuss ways to reduce waste and conserve resources, and describe different spending habits and management styles in business.

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