thrift

Vocabulary Word

Definition

'Thrift' refers to careful management of resources, particularly money, to avoid waste. If you've ever reused something instead of buying a new one, that's thrift.

Examples in Different Contexts

In personal finance, 'thrift' denotes careful management and saving of money. A financial advisor might recommend, 'Adopting a habit of thrift can lead to substantial savings and financial security over time.'

Practice Scenarios

Creative

Scenario:

This design brief involves a minimalistic style. We need to create a strong visual impact with limited elements.

Response:

Yes, a design approach that values thrift will allow us to make a strong statement with less visual clutter.

Impact

Scenario:

Our charity has received fewer donations this year. It's essential we plan wisely to make the largest possible impact.

Response:

Right, by utilizing thrift in our program planning, we'll be able to stretch our resources to create maximum impact.