frugality; thrift; habit of being very carefil with money and spending little
Our severe parsimony over many years allowed us to save enough to retire in our forties.
parsimonia (sparingness, frugality, thrift) (Latin)
parsimoney means "purse mein money". miser always have money in purse which he does not take out. parsi-purse, mony-money. one who will not take money from his purse - a greedy person. this mnemonic requires understanding of hindi. parsi (parsii. a kind of community) mony sound like "money" now imagine a parsii man who has got lot of money but still he is frugal. he doesn't want to spend. so he is parsimonious.