Pronunciation: [pˈɪnt͡ʃt pˈɛnɪz] (IPA) 
The phrase "pinched pennies" refers to the act of being thrifty or frugal with one's finances. The word "pinched" is pronounced /pɪntʃt/ with the "ch" sound being pronounced like the "tch" in "catch." The word "pennies" is pronounced /ˈpɛniz/ with the stress on the first syllable and the "nn" sound being pronounced like the "n" in "never." Together, the phrase "pinched pennies" is pronounced /pɪntʃt ˈpɛniz/.
The term "pinched pennies" refers to a conscious effort made by an individual or a household to tightly control and reduce their spending in order to save money, especially during challenging financial situations or times of limited resources. The phrase "pinched" denotes a sense of pressure or constraint, implying the act of exerting tight control over one's expenses. When someone "pinches pennies," they follow a frugal lifestyle, making every effort to cut corners and save as much money as possible.
This practice often involves cutting unnecessary expenses, reducing luxury or non-essential purchases, and finding creative ways to stretch the value of every dollar spent. People who pinch pennies may opt for generic or store-brand products over more expensive branded items, cook meals at home instead of eating out, seek discounts, sales, or use coupons when shopping, and choose more economical options in different aspects of their daily lives.
The concept of pinching pennies is rooted in the intention to maximize one's financial resources, improve personal financial stability, or even to save for future goals. It emphasizes the significance of being mindful of one's spending habits and actively seeking ways to reduce costs and make budget-conscious decisions. While pinching pennies can involve making sacrifices or adopting a more disciplined approach to spending, it can also lead to long-term financial benefits and greater financial freedom.
The phrase "pinched pennies" refers to the act of being very thrifty or frugal with one's money. The etymology of this phrase can be understood by dissecting its components.
The word "penny" comes from the Old English word "pening" and ultimately derives from the Proto-Germanic "panningaz". It has been used to refer to a unit of currency in many English-speaking countries.
The term "pinched" in this context is used metaphorically to depict the act of squeezing or tightening one's grip on something, in this case, money or finances. It denotes the idea of being so economical that one figuratively pinches or restrains the use of pennies to save as much as possible.
