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What does "frugal" mean? It means being economical and avoiding waste. "Practicing or marked by economy, as in the expenditure of money or the use of material resources; or "economical in the use of money or resources; thrifty". Frugality and the art of frugal living is the:

1. acquiring goods and services in a restrained manner, and
2. resourcefully using already owned economic goods and services, to
3. achieve a longer term goal.

As Wikipedia puts it: "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 free (as in gratis) options, using barter, and staying well-informed about local circumstances and both market and product/service realities."

Personally, frugal living means being smarter with money management (budgeting in advance how mu