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Your Take: What Does Thrift Mean To You?

Posted By Jim On 01/23/2009 @ 7:44 am In Your Take | 110 Comments

Did you know that it’s Thrift Week [3]?

In celebration of National Thrift Week, I want to know, what does Thrift mean to you?

To me, thrift always seemed like one of those old fashioned words from a bygone era. I always equated it to frugality, where you are smart about your money and trying to get the most out of every dollar. Thrift was virtuous and consumerism was evil. Since that era, which I think ended sometime in the 70′s or 80′s, we’ve replaced thrift with consumerism. Saving was replaced by borrowing.

I was especially interested to learn that thrift referred to more than just saving money and spending wisely. It also referred to working hard and giving back to the community, two points that are once again coming back into fashion (along with saving and spending wisely). I think we’re seeing the pendulum swing back away from frivolous borrow & spend and swing towards thrift. I think it’s a good sign. What do you think?

Templeton Press, the fine people behind this push to bring back thrift, have generously offered to give away three copies of David Blankenhorn’s Thrift: A Cyclopedia [3]. Leave a comment sharing what thrift means to you and you will be entered to win a copy of the book. This contest will close at noon on January 30th.

The contest is now closed. Congratulations to the winners, Diane, Caitlin, and Audra, we hope you enjoy your new copy of Thrift!


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