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.
A custom of diligence and thrift has taken root in this village.
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.