Economy is how I manage my provision.
With a scarcity mentality, I see my provision as limited.
A limited provision needs managing carefully & frugally.
Extravagance is seen as luxury not as economy.
Economy is for the lower classes when first class is reserved for the elite.
Even the rich & privileged class need to manage their assets carefully and ensure they are managed economically when they have a scarcity mentality.
With an abundance mentality, I do not need to manage or control an allowance that is delivered by providence.
I just allow it to manifest in divine time & in divine order.
I know that my allowance is provided as long as I maintain my abundance mentality.
An economic outlook sees scarcity or gluttony, never abundance.