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Ausperity (n.)
A portmanteau combining the best of ‘austerity’ and ‘prosperity’ to describe a way of life for the modern age. The enjoyment of the finer things and the appearance of being a high-flyer while actually keeping firmly within one’s means. A baller on a budget; a player on a monthly paycheck; a social doyenne on the dole.

Ausperity was first outlined in a book of the same name by Lucy Tobin.
Since I’ve become a follower of ausperity, I’ve saved hundreds on my fortnightly dinner parties.

What’re you doing throwing away your salary on that rubbish? Have you never heard of ausperity?

It’s because I’ve been following the principles of ausperity that I can now afford this holiday. Cheerio!
Ausperity by Digitalquercus October 10, 2012
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austerity program 

(ECONOMICS) when a government has to restructure spending by massively cutting social programs, development programs, and subsidies on basic necessities. Often accompanied by taxes increases, especially on lower incomes (since the poor cannot escape tax hikes).
Usually we use the term "austerity program" when the government in question has to backtrack on its ideological commitments. An example of this is France, after June 1982. The Socialist government of Mitterrand had just implemented a raft of major new social welfare programs, and was promptly forced to cut everything back when the deficit ballooned.

austerity chic 

The trend of shunning ostentatious displays of wealth in favour of frugal spending which you will brag about to all your friends whether you are affected by the recession or not
She won't buy organic food anymore - she says it's such as luxury - she nows shop at wal-mart for everything which is so austerity chic.

austerity recompense

I got an austerity recompense of Knicks tickets from that old guy because I didn't hook up with that girl he's macking on. Suhweet.

austerity christmas

a very financially tight christmas
Are you getting the ipad this chrismas?

Nah man, we're having an austerity christmas
austerity christmas by Lbowmonster November 29, 2011

Austerity Nonce 

Austerity Nonce - A new form
of hybrid nonce when the person is also a
massive Karen ...

Their behaviour mostly involving popping off at anyone who earns more than a nurse and branding them greedy when this has always been the case.

If the targets part of a trade union
they can display Tory ideological traits too.
Not the worst kind of nonce but still a
nonce nonetheless.
Johnny - Those fucking train drivers are greedy bastards asking for a pay rise ! They’re gonna make inflation worse. Give it to the Nurse’s because they deserve better and so they can make the inflation rise instead !!! Mick Lynch is evil. Trade unions should be illegal .

Bill - fuck off Johnny I’ve been driving trains for 40 years and we’ve always earned a decent wage you massive Austerity Nonce. Go get a better paid job or enrol on some sort of course for one. Dickhead.
Austerity Nonce by Roodler June 26, 2022

austerity 

A subliminal metaphorical raping of the poor in the UK, to give the wealthy class some fresh wanking material.
Try not to mention austerity during the QA or ill blow my load over the back bench.