economically minded

USAGE SUMMARY

The phrase "economically minded" is grammatically correct and usable in written English.
It can be used to describe someone who is intent on making the most cost effective decisions when making business decisions or dealing with finances. For example, "The company hired an economically minded accountant to manage their accounts."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

10 human-written examples

These are the gifts for the more economically minded travelers.

The New York Times

KARL SMITH writes:Now, free parking is a favorite bugaboo of a certain strain of microeconomists and economically minded commentators.

The Economist

It suggested he was hard-working, might retain his value better over time, but mainly represented a sensible, cheaper choice for the economically minded auteur.

The Guardian - Lifestyle

In other cases, companies like Homestead.com have scaled back their free host services or begun charging for the services, prompting some economically minded users to look for a new home.

The New York Times - Tech

Consider Daniel Dancer, an economically minded farmer who, put off by the cost of lighting a fire to heat a gift of trout, and equally unready to suffer toothache from eating the fish cold, sat on it until it was warm enough to consume.

The Economist

The history of capitalism has also benefited from a surge of new, economically minded scholarship on slavery, with scholars increasingly arguing that Northern factories and Southern plantations were not opposing economic systems, as the old narrative has it, but deeply entwined.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

50 human-written examples

The economically-minded never let passion propel them and the passionate never let economics stop them.

Forbes

However, given the dominance of economically-minded valuation mechanisms, producers of creative knowledge must be aware of the pressures that such terms as the "creative industries" imply.

Nature

Like downloading shared music or watching pirate DVDs, it's an essentially dodgy practice that is still sometimes irresistibly tempting to the economically-minded and the curious.

The Guardian - Film

These figures come from Philip J. Cook's "Paying the Tab," an economically-minded examination of the costs and benefits of alcohol control in the U.S. Specifically, they're calculations made using the National Epidemiologic Survey on Alcohol and Related Conditions (NESARC) data.

The Washington Post

If you're an economically-minded person, hemp-derived CBD represents an exciting and explosive new market.

Forbes

Expert writing Tips

Best practice

When describing someone as "economically minded", ensure the context clarifies whether this trait is beneficial (e.g., prudent spending) or potentially detrimental (e.g., excessive frugality).

Common error

Avoid using "economically minded" to imply that cost is the only factor considered. Ensure it doesn't overshadow quality, ethical considerations, or long-term value.

Linguistic Context

The phrase "economically minded" functions as a descriptive adjective, modifying a noun to indicate a focus on economic considerations or cost-effectiveness. Ludwig examples demonstrate its usage in various contexts to characterize individuals or entities.

Expression frequency: Uncommon

Frequent in

News & Media

50%

Science

20%

Wiki

10%

Less common in

Academia

10%

Formal & Business

0%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "economically minded" is a grammatically sound and effectively conveys a focus on economic considerations and cost-effectiveness. As Ludwig AI underlines, its use is acceptable in English, frequently describing someone who makes the most cost effective decisions. While the phrase is most commonly found in News & Media, it also appears in Science and Wiki contexts. Alternatives such as "fiscally responsible" or "cost-conscious" can be used depending on the specific shade of meaning desired. It's important to consider the potential for misinterpretation, ensuring that the emphasis on economy doesn't overshadow other important factors.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Economical

A more general term referring to efficient use of resources.

Fiscally responsible

Focuses more on the responsibility aspect of financial decisions.

Cost-conscious

Highlights an awareness of costs and a desire to minimize them.

Budget-oriented

Emphasizes adherence to a budget and financial planning.

Prudent with money

Highlights careful and wise handling of finances.

Thrifty

Suggests a habit of saving money and avoiding unnecessary expenses.

Value-driven

Implies that decisions are based on getting the best value for money.

Finance-savvy

Indicates knowledge and skill in managing financial matters.

Money-wise

Suggests practical intelligence and good judgment in financial decisions.

Resourceful

Emphasizes the ability to find clever ways to overcome financial limitations.

FAQs

How can I use "economically minded" in a sentence?

You can use "economically minded" to describe someone who prioritizes cost-effectiveness in their decisions. For example, "The company hired an "economically minded" consultant to reduce expenses."

What are some alternatives to saying "economically minded"?

Depending on the context, you could use phrases like "fiscally responsible", "cost-conscious", or "budget-oriented".

Is it better to be "economically minded" or "financially savvy"?

Both terms are positive, but "economically minded" focuses on cost-effectiveness, while "financially savvy" implies a broader understanding of financial matters, including investments and market trends.

What's the difference between "economically minded" and "thrifty"?

"Economically minded" suggests a strategic approach to finances, while "thrifty" usually refers to a habitual practice of saving and avoiding waste.