Economically-minded

Characterized by a strong awareness of financial implications and a tendency to make decisions based on cost-effectiveness, efficiency, and fiscal prudence. An economically-minded individual or entity prioritizes value for money, seeks to minimize expenses, and strives for financial sustainability. This approach often involves careful planning, budgeting, and a focus on long-term financial stability, with a sharp eye for potential savings and investment opportunities. It suggests a practical and resource-conscious approach to managing finances, whether personal or organizational.

Economically-minded meaning with examples

• The new CEO, known to be economically-minded, immediately implemented a company-wide review of expenditures, resulting in significant cost reductions across various departments. This proactive approach was crucial for stabilising the company's finances.
• When planning their family vacation, the economically-minded couple researched various travel options, comparing prices and prioritizing budget-friendly accommodations and activities to stay within their predetermined financial limits.
• The government's economically-minded policies focused on reducing national debt and stimulating economic growth through measures designed to attract investment and encourage business efficiency and private sector jobs.
• Driven by its economically-minded shareholders, the corporation opted to streamline its manufacturing process, leading to increased productivity, lowered production costs, and improved profitability within the marketplace.
• The economically-minded student always looked for discounts and coupons before making any purchases, whether for textbooks, clothing or other needs, maximizing their limited budget to allocate funds to other areas of concern.