Noah Webster
Frugality
FRUGAL'ITY, noun
1. Prudent economy; good husbandry or housewifery; a sparing use or appropriation of money or commodities; a judicious use of any thing to be expended or employed; that careful management of money or goods which expends nothing unnecessarily, and applies what is used to a profitable purpose; that use in which nothing is wasted. It is not equivalent to parsimony, the latter being an excess of frugality and a fault. frugality is always a virtue. Nor is it synonymous with thrift, in its proper sense; for thrift is the effect of frugality
Without frugality none can become rich, and with it few would be poor.
2. A prudent and sparing use or appropriation of any thing; as frugality of praise.