Parsimoniousness

Parsimoniousness is the extreme unwillingness to spend money or use resources. It's a trait characterized by frugality, thriftiness, and a careful management of finances, often to the point of being stingy or miserly. It's not simply about being cost-conscious but involves a deep-seated aversion to spending, sometimes even when spending would be beneficial or necessary. This behavior can manifest in various aspects of life, influencing choices related to purchases, investments, and even the allocation of time and effort. It is often observed when a person values saving and accumulating wealth over enjoying the benefits of their resources.

Parsimoniousness meaning with examples

• John's parsimoniousness was legendary; he haggled over every penny and refused to pay for anything he could get for free. His friends often struggled to invite him out, knowing he'd try to avoid contributing. He'd bring his own snacks to the cinema and try to split a single meal when eating out, much to their frustration.
• The company's parsimoniousness towards employee benefits led to significant staff turnover. Workers felt undervalued and underappreciated, leading to decreased morale and reduced productivity. The focus on minimizing expenses ultimately hurt the company's ability to retain skilled employees, negatively affecting the bottom line.
• Despite inheriting a substantial fortune, her parsimoniousness meant she continued to live in a modest apartment and drive an old car. She rarely indulged in any luxuries, preferring to keep her money safe in a bank account. This approach was criticized by some, but she claimed she was merely being responsible.
• The city council's parsimoniousness in funding public services resulted in deteriorating infrastructure and reduced programs. This reluctance to spend money created a cycle of decline as crucial repairs were postponed, leading to higher costs in the long run. The focus on cutting costs caused resident dissatisfaction.