Thrift, as both a noun and an adjective, refers to the quality or characteristic of being economical, frugal, or prudent in managing resources, particularly money. It involves wise spending, avoiding wastefulness, and saving for the future. Thrift is often associated with living within one's means and making practical choices to stretch limited resources. It can also encompass the concept of reusing or repurposing items to reduce waste. Thrifty individuals prioritize value and long-term financial security over instant gratification. Ultimately, thrift is an essential virtue and skill that promotes financial stability, sustainability, and responsible consumption.