THRIFT
A penny saved is a penny earned
A proverb meaning that money saved through thrift is the same as money earned by employment. (Sometimes used to explain stinginess.)"I didn't want to pay that much for the book," said Mary. "After all, a penny saved is a penny earned."Bob put his money in a new bank that pays more interest than his old bank, saying, "A penny saved is a penny earned."
scrimp and save
to be very thrifty; to live on very little money, often in order to save up for something.We had to scrimp and save in order to send the children to college.The Smiths scrimp and save all year in order to go on a Caribbean cruise.