economizing

Definitions

The act of reducing expenses or avoiding waste to save money.

The practice of using resources, such as time or materials, in a frugal or efficient manner.

Examples

By economizing on electricity and water, the family managed to save enough money for their summer vacation.

The company is currently economizing by reducing travel expenses and cutting back on non-essential office supplies.

Synonyms

saving budgeting frugal husbanding pruning expenses cutting costs thrifty

Antonyms

squandering wasting lavishing splurging dissipating overspending profligate