noun
custom of diligence and thrift; tradition of hard work and frugality
A somewhat formal or literary term referring to a societal or familial custom of being industrious and economical.
この村には勤倹の風が根付いている。
A custom of diligence and thrift has taken root in this village.
祖父は勤倹の風を重んじていた。
My grandfather valued the tradition of hard work and frugality.
倹約 means thrift or economizing as an action or principle, whereas 勤倹の風 is a cultural or habitual pattern combining diligence with thrift.
Compound of 勤 (diligence), 倹 (thrift), and 風 (custom, style). The exact historical origin is uncertain, but it likely emerged as a Confucian-influenced expression praising a lifestyle of hard work and frugality.