practice strict economy vs economize expenses

Both phrases are correct and convey a similar meaning of being frugal or saving money. 'Practice strict economy' emphasizes the overall approach of being economical, while 'economize expenses' focuses on the specific action of reducing costs. They are comparable in the context of managing finances.

Last updated: March 15, 2024 • 795 views

practice strict economy

This phrase is correct and commonly used to mean being very careful with money and resources.

This phrase is used to describe the act of being very careful with money and resources, often involving cutting unnecessary expenses and saving wherever possible.

Examples:

During tough times, it's important to practice strict economy to ensure financial stability.
The company decided to practice strict economy in order to weather the economic downturn.
The government needs to practice strict economy to reduce the budget deficit.

Show examples from the web [+]

To make China rich and strong needs several decades of intense effort, which will include, among other things, the effort to practice strict economy and combat ...
... taper <the road pinched down to a trail — Cecelia Holland>. — pinch pennies. : to practice strict economy. See pinch defined for English-language learners.
tight·en·er \ˈtīt-nər, ˈtī-tən-ər\ noun. — tighten one's belt. : to practice strict economy. See tighten defined for English-language learners. See tighten defined for ...
Feb 5, 1997 ... ''The peasants must practice strict economy,'' The People's Daily intoned. ''Live with the utmost frugality and eat only two meals a day, one of ...

Alternatives:

exercise strict economy
maintain strict economy
implement strict economy
adopt strict economy
observe strict economy

economize expenses

This phrase is correct and commonly used to mean reducing costs or saving money by cutting unnecessary expenses.

This phrase specifically refers to the act of reducing costs or saving money by cutting unnecessary expenses. It focuses on the action of being economical with spending.

Examples:

We need to economize expenses in order to stay within our budget.
The family decided to economize expenses by cooking at home instead of eating out.
The business had to economize expenses to survive the financial crisis.

Show examples from the web [+]

The project must attempt to economize expenses. Organizations interested in requesting a special allocation must pick up a special allocation request from ...
A “go native” strategy for men to economize expenses in-country and simultaneously spotlight insincere women. 5. Daily inexpensive and free activities for a ...
Produce multiple, varied products (services, tangible products, etc); Economize expenses as best possible (every dollar spent on advertising should produce two ...
Jul 17, 2014 ... You do not need to have a constant access to mobile internet using application so you may considerably economize expenses and increase ...

Alternatives:

cut expenses
save money
reduce costs
trim expenses
be frugal with expenses

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practice strict economy vs economize expenses