Economize implies intentional planning to reduce spending, not sudden or drastic cuts. Janet decided to economize by bringing lunch to work instead of eating out.
Pro Tip 2/3
Waste Avoidance
Economize suggests a mindset of minimizing waste, including time and resources. They tried to economize on time by scheduling meetings back-to-back.
Pro Tip 3/3
Lifestyle Adjustment
Using 'economize' often hints at temporary changes in habits for saving purposes. During college, Mia had to economize by walking instead of taking a cab.