Definitions
- Referring to the quality of being extremely unwilling to spend money or use resources. - Talking about a tendency to be frugal or stingy in spending money or resources. - Describing a behavior of being excessively careful with money or resources.
- Referring to the quality of being careful and economical in the use of money or resources. - Talking about a tendency to be frugal or prudent in spending money or resources. - Describing a behavior of being resourceful and efficient in managing money or resources.
List of Similarities
- 1Both words refer to the quality of being careful with money or resources.
- 2Both words suggest a tendency to avoid wastefulness.
- 3Both words can be used to describe a positive trait of being resourceful with limited resources.
What is the difference?
- 1Focus: Parsimony emphasizes a reluctance to spend money or resources, while thriftiness focuses on being economical and efficient in their use.
- 2Attitude: Parsimony can have negative connotations of being overly stingy or miserly, while thriftiness is generally viewed as a positive trait.
- 3Extent: Parsimony suggests an extreme level of frugality, while thriftiness implies a more moderate approach.
- 4Usage: Parsimony is less commonly used than thriftiness in everyday language.
- 5Connotation: Parsimony can imply a lack of generosity or willingness to share, while thriftiness does not carry this connotation.
Remember this!
Parsimony and thriftiness are synonyms that both refer to the quality of being careful with money or resources. However, parsimony emphasizes a reluctance to spend money or resources, while thriftiness focuses on being economical and efficient in their use. Parsimony can have negative connotations of being overly stingy or miserly, while thriftiness is generally viewed as a positive trait.
