Frugalista

AAA

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.

INVESTOPEDIA EXPLAINS '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. Global Recession

    An extended period of economic decline around the world. The ...
  2. Recessionship

    A slang term used to describe an intimate relationship that forms ...
  3. Bear Market

    A market condition in which the prices of securities are falling, ...
  4. Recession

    A significant decline in activity across the economy, lasting ...
  5. Recessionista

    A person who is able to remain stylish during times of economic ...
  6. In-App Purchasing

    The purchase of goods and services from an application on a mobile ...
Related Articles
  1. The Ups And Downs Of Investing In Cyclical ...
    Investing

    The Ups And Downs Of Investing In Cyclical ...

  2. Where's The Market Headed Now?
    Fundamental Analysis

    Where's The Market Headed Now?

  3. The Christmas Saints Of Wall Street
    Investing Basics

    The Christmas Saints Of Wall Street

  4. The Impact Of An Inverted Yield Curve
    Bonds & Fixed Income

    The Impact Of An Inverted Yield Curve

comments powered by Disqus
Hot Definitions
  1. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  2. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  3. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  4. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  5. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  6. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
Trading Center