Some people find it difficult to spend their money. They get too attached to it and have trouble letting even small expenses slide. Those who spend as little money as possible deserve to be given descriptive words about them. This article will explore the best ones.
The preferred alternatives are “miser,” “stingy,” and “tight-fisted.” These words show that someone refuses to spend their money. Even if they have a lot of it, they will do whatever they can to spend as little as they can (sometimes without a plan to spend it at all).
“Miser” is the best synonym you can use here. It shows that someone will not spend money because they hate to see it leave their bank account. Instead, they will sit on it, often allowing it to amount to a small fortune. They will never get to use their money, though.
The definition of “miser,” according to The Cambridge Dictionary, is “someone who has a strong wish to have money and hates to spend it.”
- Stop being such a miser and start spending your money. Everything thinks you’re really tight here. It’s not good enough.
- My stepdad is nothing more than a miser. He always saves and scrimps when he can. He’s got loads of money lying around.
- You’re a miser, which is why you’re not spending your money. It’s not a good look at all. I hope you realize that!
“Stingy” is a great word you can use in this context. It shows that someone is unwilling to spend any money. Even though they might make a lot of money, they would rather save it up for no particular reason than save it or give it to those in need.
The definition of “stingy,” according to The Cambridge Dictionary, is “unwilling to spend money; small in amount.”
- Stop being so stingy and start splashing out a little more! You’ll be surprised by how freeing it can be when you start spending money.
- I’m not being stingy. I’m just trying to save the pennies where I can. You never know when you might need them.
- You’re being too stingy for your own good. I want you to understand that this is supposed to be something we’re doing for fun.
“Tight-fisted” is a great alternative. It implies that someone has a tight squeeze on their money (as if it was a physical thing). They hold their fists so tight that nobody is able to access their money, and they will not spend it.
The definition of “tight-fisted,” according to The Cambridge Dictionary, is “unwilling to spend money.”
- She’s tight-fisted, so good luck getting anything out of her. I doubt she’ll be willing to help you out in this situation.
- I’m tight-fisted for a reason. I’m not too fond of it when people ask me for my money. I’m not going to share a penny with them.
- Would you stop being so tight-fisted? It’s time that you start enjoying yourself. Let other people see that side of you for once.
“Scrimper” comes from the colloquial verb “to scrimp.” It is used to refer to someone who likes to save money by spending the absolute bare minimum on things.
Generally, scrimpers will only splash out on necessities. Most scrimpers will overlook anything that is deemed as “luxury” in favor of saving some extra money.
The definition of “scrimper,” according to The Cambridge Dictionary, is “to save money by spending less than is necessary to reach an acceptable standard.”
- You’re a scrimper, so you find it hard to spend and splurge. It’s fine, but you’ll need to fix it before you start going on dates again.
- I’ll be a scrimper for as long as I live. There’s nothing I love more than the money I’ve earned. I’ll never spend it.
- She’s a scrimper, so she won’t give you anything. She always looks for the best possible deal because she hates sinking money into things.
“Scrooge” is a great word used to describe someone who saves as much money as they can. People who are “scrooges” often act this way for selfish reasons, and they’ll never give anything to those in need.
The word comes from the character Ebenezer Scrooge from A Christmas Carol by Charles Dickens. In the novel, Scrooge is a miser who refuses to give any of his money away (despite being ridiculously wealthy).
The definition of “scrooge,” according to The Cambridge Dictionary, is “someone who spends as little money as possible and is not generous.”
- As a scrooge, he has a hard time spending his money. It’s pathetic. He’ll look for savings where they’re not needed to be made.
- I consider myself a scrooge with my money. I don’t like spending it. It’s the one thing in life that I simply won’t share with others.
- I’m not a scrooge, but I’d rather save up for a little while. I don’t want people to think they can take advantage of my savings.
“Cheapskate” is a good term to refer to someone who will make sure things are “cheap.” They will avoid spending money on things because they prefer the comfort of having as much money as possible.
The definition of “cheapskate,” according to The Cambridge Dictionary, is “a person who is unwilling to spend money.”
- You’re a cheapskate. It’s no wonder she decided to leave. She noticed how tight you were with your money.
- He’s a cheapskate because of his father. It’s a learned trait, and he’ll never change until he gets as far away from his father as possible.
- I’m not a cheapskate, but I will always opt for the cheapest dinner date if I can. I don’t see why I should spend my money on someone else.
“Tightwad” is a great way to refer to someone who doesn’t like to spend their money. If they constantly keep a “tight” grip on their wallets or purses, it usually means they’re a tightwad and will refuse to spend money they think is unnecessary.
The definition of “tightwad,” according to The Cambridge Dictionary, is “a person who is not willing to spend money.”
- As a tightwad, Sarah has a hard time spending money on things. She avoids having friends so that she doesn’t have to buy gifts.
- I’m not a tightwad by choice. Unfortunately, I just don’t feel like I make enough money to spend anything. It’s as simple as that.
- You’re such a tightwad, and that needs to change. Surely, there’s something we can do to fix that mental issue of yours.
“Cheap” is a fantastic synonym because of how simple it is. It shows that someone will not spend money if they can avoid it. It’s identical to using “cheapskate,” but removing “skate” is seen as the more colloquial way to write the word.
The definition of “cheap,” according to The Cambridge Dictionary, is “unwilling to spend money.”
- I’m not cheap. I just don’t want you spending all of my money. I’ll be in charge of who gets my stuff when I’m not around.
- You’re being too cheap! You need to expect people to ask you for money when you have a job like you do. Stop being stingy.
- I’m cheap, and I’m proud. The cheaper I can be, the more money I can save. That’s why I always look for the best deals.
“Skinflint” is a great choice if you’re looking for a word for someone who will avoid spending money at all costs. Even if they make a lot of money, they will do what they can to save it. This is because they’re too afraid to spend anything at the risk of losing it all.
The definition of “skinflint,” according to The Cambridge Dictionary, is “a person who is unwilling to spend money.”
- Harry is a skinflint, and there’s nothing that will change that. He doesn’t like to spend any money. If he can avoid it, he will.
- I’m a skinflint because I have to be. It was taught to me by my parents from a young age. That’ll never change.
- She’s a skinflint. That’s why she seems too protective of her money and what she earns. She’ll never splash out for you.
“Penny-pincher” is a word used to describe someone who will do anything to save money. They will often make the most of vouchers and coupons to ensure they’re making savings wherever they can.
While penny-pinchers still spend money, they will make sure to limit how much they spend. They will always have a good idea of ways to save as much money as possible when needed.
The definition of “penny-pincher,” according to The Cambridge Dictionary, is “a person who is unwilling to spend money.”
- I’m not a penny-pincher. I simply don’t want you to go around telling people how much I make. I don’t want them relying on me.
- You’re a penny-pincher, Matt. It’s not a good trait. You’ve got to start being a little more comfortable spending money on people.
- As a penny-pincher, I’ll do whatever it takes to get things cheap. I changed my grocery store and picked up all the deals for that reason!
Martin holds a Master’s degree in Finance and International Business. He has six years of experience in professional communication with clients, executives, and colleagues. Furthermore, he has teaching experience from Aarhus University. Martin has been featured as an expert in communication and teaching on Forbes and Shopify. Read more about Martin here.