Pronunciation: [skɹˈɪmpɪŋ] (IPA) 
The word "scrimping" (skrɪmpɪŋ) is spelled with the letter "c" followed by "r" and "i," indicating the "skr" sound. The "m" and "p" letters indicate a short, percussive ending sound. "Scrimping" means to be thrifty or frugal, often cutting corners to save money. Whether saving for a rainy day or simply living within one's means, scrimping can be a powerful way to save money and build financial stability.
Scrimping, as a verb, refers to the act of saving or cutting down on expenses or resources, particularly in an effort to conserve or stretch them further. It involves a conscious decision to spend less money or utilize limited resources more efficiently.
In the realm of personal finance, scrimping often entails reducing unnecessary expenditures, making deliberate choices to allocate funds wisely, and seeking out ways to save money. This may involve various strategies such as budgeting, prioritizing needs over wants, comparison shopping, and seeking discounts or bargains. The goal of scrimping is to live within one's means and achieve financial stability by minimizing unnecessary or frivolous spending.
Scrimping can also be applied in broader contexts beyond individual finance, such as business operations or resource management. In these cases, it refers to a systematic approach of economizing resources to optimize efficiency and productivity. It may involve streamlining processes, reducing waste, maximizing the use of available materials, or finding innovative solutions to minimize costs.
Although scrimping often implies frugality and constraint, it should not be confused with being excessively parsimonious or compromising the essential quality of products or services. The objective is to make informed choices and establish a sustainable financial or operational balance by being mindful of expenditure and utilizing resources judiciously.
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
The word "scrimping" comes from the Middle English term "skrimpe", which means "to contract or shrink". It is derived from the Old Norse word "skorpna", meaning "to shrink" or "to shrivel up". Over time, "skrimpe" evolved into the modern term "scrimp", which means to be thrifty or economize by cutting expenses or using sparingly. The suffix "-ing" is added to form the present participle form, "scrimping", which refers to the act of being thrifty or economizing.
