Frugality, or being economical, refers to the practice of using resources wisely and avoiding unnecessary expenses. It involves making thoughtful choices about spending, prioritizing needs over wants, and finding ways to save money. People who are frugal often seek out discounts, use coupons, and look for alternatives to expensive products or services. Being frugal does not mean being cheap; rather, it emphasizes value and sustainability. For example, a frugal person might choose to cook at home instead of dining out, which can lead to healthier meals and significant savings. This approach can also contribute to a more environmentally friendly lifestyle by reducing waste and consumption.