Frugality is the practice of being careful with money and resources. It means spending wisely and avoiding unnecessary expenses. People who embrace frugality often look for ways to save, such as using coupons, buying second-hand items, or cooking at home instead of dining out. This approach helps them manage their finances better and can lead to long-term savings. Living frugally doesn't mean living without enjoyment. It encourages creativity and resourcefulness, allowing individuals to find joy in simple pleasures. For example, instead of expensive outings, friends might enjoy a picnic in the park or a movie night at home, making memories without breaking the bank.