6 Minute English

Is being thrifty a virtue?

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Jun 18, 2020
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ADVICE

Save With A Clear Goal

  • Save deliberately if you have a goal, like a house deposit, to limit unnecessary spending.
  • Track spending and prioritise saving to reach financial targets faster.
INSIGHT

Thrift's Original Meaning

  • Thrift originally meant to thrive and flourish, not just saving money.
  • The word's meaning shifted over time to mean frugality and careful spending.
INSIGHT

Thrift As Social Respectability

  • Different groups used thrift to promote social respectability and responsibility.
  • Victorian thrift emphasised managing money to be a respectable citizen.
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