Pinching pennies is a phrase used to describe someone who is very frugal with their money. This person is often referred to as a penny-pincher. The crossword solutions for this term are SKIMPS (6 letters), SCRIMPS (7 letters), and STINTS (6 letters). SKIMPS means to be sparing or economical with something, while SCRIMPS means to be very thrifty or stingy with money. STINTS refers to a period of time during which someone limits their spending. All three words describe someone who is very careful with their money and is trying to save as much as possible.