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Definition of economize:

  1. To be prudently sparing in expenditure; to be frugal and saving; as, to economize in order to grow rich.
  2. To manage with economy; to use with prudence; to expend with frugality; as, to economize one's income.

Synonyms:

salve, save on, keep up, cut back, lay aside, manage, economise, accumulate, pinch, be frugal, put aside, maintain, meet expenses, put away, salt away, pull through, stint, hold open, meet a budget, deliver, save up, spare, false economy, save for a rainy day, cut down, conserve, be prudent, cut corners, cut costs, keep open, bring through, run a tight ship, preserve, write, make unnecessary, carry through, make both ends meet, redeem, retrench, skimp, relieve, husband, salvage, keep.

Usage examples: