Economizing, or skimping, is a common practice in which people attempt to save money by reducing their spending. It involves cutting back on unnecessary expenses and finding ways to get the most out of what one already has. This can include using coupons, shopping around for the best deals, and avoiding impulse purchases. Economizing can also involve reusing items, such as clothes or furniture, or finding alternative sources of income. Ultimately, economizing is a way to make the most of one's resources and stretch one's budget.