What Does Spendthrift Mean?

What is the opposite of Spendthrift?

Antonyms for spendthrift mean, Pinching, stinting, Skimping, tightfisted, careful, stingy, foreseeing, cheap, penny-pinching, forethoughtful, judicious, conserving, sensible, niggardly, forehanded, penurious, farsighted, closefisted, prudent, foresighted, wise, close, spare, tight..

What is spendthrift economy?

adjective. Definition of spendthrift (Entry 2 of 2) : given to spending money freely or foolishly : wasteful with money In advanced economies, austerity rules, with the wealthiest nations promising to mend their spendthrift ways.—

What is a sprinkle provision?

DEFINITION of Sprinkling Provision Sprinkling provision within a life insurance agreement that allows the trustee of the policy to spread the death benefit around to the beneficiaries at his or her discretion.

What is it called when your not afraid of anything?

nerveless. adjective. someone who is nerveless does not become afraid or upset in difficult situations.

Why is it called a spendthrift?

“Spendthrift” derives from an obsolete sense of the word “thrift” to mean prosperity rather than frugality, so a “spendthrift” is one who has spent their prosperity. … The opposite would be a frugal person, who uses money wisely, or more negatively a miser, who lives very cheaply and hoards wealth for its own sake.

What do you call a person who doesn’t want to spend money?

A “tightwad” and a “cheapskate” are also people who don’t like to spend money. These words are a bit less negative, though: the person may not like to share or help others, but they are not as mean as a miser or a scrooge. “cheap” is another good word.

Can the IRS seize assets in a trust?

A fully discretionary trust, if properly drafted and administered, will even protect against a seizure of trust assets by the IRS and other taxing authorities. Most existing wills and trusts are not drafted to provide maximum asset protection for beneficiaries.

What is another word for frugal?

SYNONYMS FOR frugal 1 thrifty, chary, provident, careful, prudent, penny-wise, scrimping; miserly, stingy, tight, penny-pinching. 2 scant, slim, sparing, skimpy.

How do I stop being a spendthrift?

Stop being a Spendthrifts – to recap :Remember that from now on, your financial mantra is : Income minus saving is meant for spending.Make a home budget. … Know which discretionary expense is killing you. … Stick to the home budget. … Close out your personal loans and credit card dues.Form an emergency fund.More items…

What does frugal mean?

adjective. economical in use or expenditure; prudently saving or sparing; not wasteful: What your office needs is a frugal manager who can save you money without resorting to painful cutbacks. entailing little expense; requiring few resources; meager; scanty: a frugal meal.

What is a person who loves money called?

Someone who is avaricious is greedy or grasping, concerned with gaining wealth.

What is a stingy person?

A ‘stingy’ individual is someone who has money, but is very reluctant to part with it. He is a miser; he doesn’t like to spend money on himself or on others. He is reluctant to spend money on things are essential as well. Ebenezer Scrooge in Charles Dickens’ classic ‘A Christmas Carol’ was a stingy person.

Are spendthrift trusts valid in all states?

The statutes of many states recognize spendthrift trusts, and say that spendthrift provisions are valid to prevent both “voluntary and involuntary” transfers of the beneficiary’s interest in the trust. In other words, the beneficiary can’t spend or pledge the trust money, and creditors can’t seize it.

What is the purpose of a spendthrift trust?

A spendthrift trust is a trust that is created for the benefit of a person (often unable to control his/her spending) that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary.

What does Kanjoos mean in English?

Definition of ‘kanjus’ 1. stingy; miserly. 2. a stingy person; miser. Collins English Dictionary.