Frugalista

DEFINITION of 'Frugalista'

People who keep up with fashion trends without spending a lot of money. Frugalistas stay fashionable by shopping through alternative outlets, such as online auctions, secondhand stores and classified ads. They also reduce the amount of money spent in other areas of their lives, such as by growing their own food and reducing entertainment expenses. This is a popular term during recessions.

BREAKING DOWN 'Frugalista'

Frugalistas also try to maintain expensive-looking cosmetic appearances. For example, they may still get an expensive haircut, but they might cut back on their TV subscription to afford the recurring expense.

RELATED TERMS
  1. Fast Fashion

    Definition of "fast fashion."
  2. Reverse Auction

    A type of auction in which sellers bid for the prices at which ...
  3. Reserve Price

    A minimum dollar amount that the owner of an item up for auction ...
  4. Auction Rate

    The interest rate that will be paid on a specific security as ...
  5. Call Auction

    Where participants buy or sell units of a good. At a call auction, ...
  6. Auction House

    A company that facilitates the buying and selling of assets, ...
Related Articles
  1. Insights

    Amazon Pushing Its Own Clothes, Live Fashion Show

    Amazon is making major moves in the fashion industry--and some experts say it will be the #1 clothing retailer in the US by 2017.
  2. Personal Finance

    Should You Buy A House At Auction?

    The traditional real estate market isn't the only place to conduct your home search. Auctions also bring many buying opportunities.
  3. Professionals

    The Best Websites For Fashion Jobs

    If working in fashion is your goal, these websites can help you make it a reality.
  4. Personal Finance

    Go Green, Save Money

    Follow a few of these simple tips to become more "green" - and keep more of it in your wallet.
  5. Personal Finance

    Winning Retailers Amid Sales Slump

    Declining department store retail sales and the exceptions to the rule after the end of the Great Recession.
  6. Personal Finance

    How To Keep Debt Low

    Here's a breakdown of how you can stay out of debt or keep your debt low.
  7. Personal Finance

    22 Ways To Fight Rising Food Prices

    As food costs rise it can be difficult to stay on budget. Here are some handy tips to spend less at the till.
  8. Investing

    Auction Rate Securities: Bidding On The Long Run

    These investments do better with a long-term horizon. Should you buy them before they're going, going, gone?
  9. Personal Finance

    Should You Buy A House At Auction?

    In theory, many of the best properties are auctioned. But auctioned properties aren’t always hidden gems.
  10. Entrepreneurship & Small Business

    3 Reasons To Buy Government Surplus for Your Small Business

    Learn why it's wise to access government surplus auctions to buy furnishings, equipment and other items to start a new business or expand an existing business.
RELATED FAQS
  1. What are the most common operating expenses for an online business?

    Learn about the common expenses of online businesses and find out about some of the tax implications of new business expenses ... Read Answer >>
  2. What methods can the government use to control inflation?

    Find out what inflation is, what a government can do to control it, and how the results of those actions help or hurt the ... Read Answer >>
  3. What are the different types of operating expenses?

    Learn about the different types of operating expenses and how they impact companies. Some are fixed costs while others are ... Read Answer >>
  4. Why should I bother creating a budget?

    Creating and using a budget is a valuable tool for all demographics; it's not just for those who need to closely monitor ... Read Answer >>
  5. Who are Whole Foods' (WFM) main competitors?

    Learn more about Whole Foods Markets, who insists its products are sustainable. Thanks to the competition, however, its marketing ... Read Answer >>
  6. What is the difference between capital and operating expenses?

    Learn about the types of expenses that a company incurs. Understand the difference between capital and operating expenses, ... Read Answer >>
Hot Definitions
  1. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  2. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  3. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  4. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  5. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  6. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
Trading Center