We’ve adopted a few recession terms in our writing that budget newbs (that’s internet speak for newbies) may not be aware of. To catch up on our lingo, you may want to peruse the following terms so that you’re on top of our trendy budget speak.
Term definitions via Urban Dictionary
Funemployed – The state of being without a job, yet having lots of time to enjoy fun activities during otherwise normal working hours.
Hermina is funemployed, so after her workout on Wednesday morning, she went down to the beach and joined her other laid-off friends for a barbecue with margaritas and horseshoes.
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Frugalista – A thrift shopper who will stop at nothing to get a bargain; including trampling store employees to death. The term is a combination of “frugal” and the Spanish suffix “-ista” which connoting someone who is dedicated to a cause.
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Black Friday saw the emergence of a new breed of shopper, the frugalistas, as they stampeded into a store for Christmas shopping; trampling an employee to death.
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Cheap – A negative term for a person who decides to save money. People who are savers prefer to be called frugal. This term is used by people who are jealous of savers and are unable to save money themselves.
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Tom: A penny saved is a penny earned.
Jack: You cheap ass loser.
Tom: I’ve saved up 100,000,000 pennies. That’s $1,000,000
damn dollars! Who’s laughing now?
Jack: A**hole!!!
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Budget – Process of allocating money from your weak, skank ass job in order to buy food, pay rent, car payments and insurance and still have enough to buy party supplies.
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Man, after paying my bills with that paycheck from Mack Donalds, I only have $3 to party on.
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Freegan – A Freegan is a person who, in reaction to the statistic that the west wastes 25% of all it’s resources, get items from the trash that are perfectly good. It is often smelly, but hundreds of items can be found, perfectly fine, that otherwise would be wasted. Is often linked with environmentalism and activism. Often have regular jobs, but just eat out of trash.
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Man, I met this guy and he was a Freegan. He was also an executive at this company. Serious, he was so loaded ’cause he doesn’t buy food.
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Dumpster Diving – Actively searching through trash in commercial or residential dumpsters to find discarded but usable items; Proves fruitful at grocery stores and bakeries, where good food is often neatly thrown away when it merely approaches the sell-by date.
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We figured it was dumb to spend money on bread when the local bakery throws out fresh loaves every evening, so we went dumpster diving after they closed and came out with a weeksworth of bread for free!
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Thrifting – When one visits several different thrift shops, second-hand shops, and vintage clothing stores in the hopes of buying several items of cheap and unusual clothing and other items. One usually does this with friends.
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“Hey, where did you get that weird top?”
“Oh, I found it while thrifting, it was only a dollar.”
Plus One – Your guest when you are invited to an event.
“Billy’s gonna be my plus-one at Jane’s party”
Mooching – The act of taking advantage of another person. Also known as leaching..
John is always mooching money off of me.
Recession – Recession is the decline in a country’s gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year. The term recession, however, has been utilized in recent decades by politicians to distort the economic outlook and reframe in more positive terms rather than have to address the looming economic depression.
Ralph: Dude, the feds just lowered interest rates and backed a takeover of a large investment bank after acknowledging that we might be in a recession.
Recessionista – A person who is able to remain stylish during times of economic hardship. A recessionista can shop on a limited budget and still manage to be up to date on the most current fashions. A recessionista does not let a bad economy, inflation, or a strong recession damage his or her wardrobe and opts to search for sales and shop at thrifty discount stores instead.
“Damn, she lookin’ fine…how can she afford all that since losin’ her job?”
“She a big time recessionista man”
Second Hand – Previously owned by someone else until he/she grew out of it/ stopped fitting them.
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She’s so poor she needs second hand clothes.
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Vintage Store – 1. Too old to be considered modern, but not old enough to be considered antique. Often used to describe items for sale online such as ebay auctions or craigslist posts though may also be found in printed listings such as classified ads. Can also be a euphemism for “heavily used” items. 2. Retro, recently out of style with potential to make a comeback
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In these days of high definition video, VHS is often characterized as vintage and will one day be antique.
