Search results
Results from the WOW.Com Content Network
Jugaad (Hindustani: जुगाड़ jugaaḍ / جگاڑ jugaaṛ ()) is a concept of non-conventional, frugal innovation in the Indian subcontinent. [1] It also includes innovative fixes or simple workarounds, solutions that bend the rules, or resources that can be used in such a way.
Frugality is the quality of being frugal, sparing, thrifty, prudent, or economical in the consumption of resources such as food, time or money, and avoiding waste, lavishness or extravagance. [ 2 ] In behavioral science , frugality has been defined as the tendency to acquire goods and services in a restrained manner, and resourceful use of ...
What does frugal mean? While the goal of frugality is reducing the amount you spend, Drew Cheneler, founder of SimplyMoneyLyfe, says the main characteristic of frugal people is that “they know ...
Frugal innovation or frugal engineering is the process of reducing the complexity and cost of a good and its production. Usually this refers to removing nonessential features from a durable good , such as a car or telephone, in order to sell it in developing countries .
The modern legal remedy for spendthrifts is usually bankruptcy.However, during the 19th and 20th centuries, a few jurisdictions, such as the U.S. states of Oregon and Massachusetts, experimented with laws under which the family of such a person could have him or her legally declared a "spendthrift" by a court of law and placed under a court-supervised guardianship.
Extreme frugality can be a personal finance liability if you save too much and never take the time to enjoy your money. Extreme frugality is a personal finance problem no one talks about—but it ...
Being a smart spender in retirement makes good financial sense. After all, you're probably living on a fixed income and need your savings to last you through your golden years.
A number of religious and spiritual traditions encourage simple living. [6] Early examples include the Śramaṇa traditions of Iron Age India and biblical Nazirites.More formal traditions of simple living stretch back to antiquity, originating with religious and philosophical leaders such as Jesus, Lao Tzu, Confucius, Zarathustra, Gautama Buddha, and Prophet Muhammad.