What are the opposite words for extravagance?

Extravagance means excessive spending or indulgence in luxury. Its antonyms, on the other hand, represent frugality and practicality. Some of the most commonly used antonyms for extravagance are thriftiness, economy, moderation, simplicity, and practicality. Thriftiness implies wise expenditure and cautious use of resources, whereas economy signifies limiting expenses to save money. Moderation represents the middle ground between luxury and austerity, while simplicity implies a minimalistic and humble lifestyle. Lastly, practicality means making sensible and efficient decisions. Using these antonyms of extravagance in daily life can help individuals inculcate good money management practices and lead a sustainable lifestyle.