Extravagance antonyms,antonyms of extravagance

  • Frugality
    • Meaning: The quality of being careful and economical in the use of money, resources, etc.; the practice of spending only what is necessary and avoiding waste.
    • Example: "His frugality allowed him to save enough money to buy a house." This shows that by being careful with his spending, he was able to accumulate savings.
    • Analysis: "Frugality" is an antonym of "extravagance" because "extravagance" implies spending freely and excessively, while "frugality" emphasizes being cautious and conservative with money and resources. They represent two opposite attitudes towards consumption and resource management.
  • Thrift
    • Meaning: The quality of using money and other resources carefully and not wastefully; thriftiness also implies making the most of what one has and being economical in all aspects of life.
    • Example: "Thrift is a virtue that has been passed down in her family for generations." This indicates that the family values and practices careful use of resources.
    • Analysis: "Thrift" is contrary to "extravagance" as it embodies the idea of being prudent and making efficient use of resources. "Extravagance" is about overspending and waste, while "thrift" is about conservation and making the best use of what is available.
  • Economy
    • Meaning: In the context of spending and resource management, it refers to the careful and efficient use of money, time, materials, etc.; it can also refer to a system or practice that promotes such efficiency.
    • Example: "We need to practice economy in order to reduce costs." This shows the need to be careful with spending to achieve cost reduction.
    • Analysis: "Economy" is an antonym of "extravagance" because it emphasizes the efficient use of resources and the avoidance of waste. "Extravagance" disrupts the balance of rational resource allocation, while "economy" is committed to maintaining this balance and making the best use of resources.
  • Parsimony
    • Meaning: The quality of being extremely frugal or stingy; the practice of being very careful with money and reluctant to spend even when it is necessary.
    • Example: "His parsimony sometimes made it difficult for him to enjoy life." This shows that his extreme frugality had a negative impact on his quality of life.
    • Analysis: "Parsimony" is an antonym of "extravagance" as it represents an extreme form of frugality. While "extravagance" is about excessive spending, "parsimony" is about being overly reluctant to spend. They are at opposite ends of the spectrum in terms of spending behavior.
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