What is another word for economical?

478 synonyms found


[ ˌiːkənˈɒmɪkə͡l], [ ˌiːkənˈɒmɪkə‍l], [ ˌiː_k_ə_n_ˈɒ_m_ɪ_k_əl]

Economical is a word that describes the ability to save money or to be efficient with resources. There are many words that can be used as synonyms for economical such as thrifty, frugal, cost-effective, penny-pinching, and budget-conscious. Thrifty means being careful and judicious with money. Frugal means being sparing, prudent, or economical in the use of resources. Cost-effective means efficient in terms of costs, expenses, or economic benefits. Penny-pinching means being stingy or miserly in spending money. Budget-conscious means being aware of spending constraints and taking steps to live within one's means. All of these words describe someone who is economically savvy, practical, and smart with their finances.

Synonyms for Economical:

How to use "Economical" in context?

In today's economy, economics is one of the most essential topics that everyone should be aware of. Whether it is understanding how the government regulates the economy, or being able to spot opportunities for financial gain, being well-versed in economic theory is essential.

The economic system we have today is based on the precepts of capitalism. In a capitalist system, individuals are free to invest in whatever they think will make them the most money. The key to success in this system is to be ingratiating and network with the right people.

Paraphrases for Economical:

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Homophones for Economical:

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