
Penny-pinching is a classic term used to describe someone who is very frugal, careful about how they spend their money. It's based on the smallest denomination of currency, the penny, or cent.
But pennies are disappearing. New Zealand removed one-cent coins from circulation in 1990, followed by Australia in 1992. Canada stopped minting one-cent coins in 2012, and the United States will stop minting them in 2026. It's only a matter of time before the one-cent Euro coin disappears, as well as the UK one pence coin.
When all the pennies disappear, the term penny-pinching will lose its meaning. No one will know what it means.
What do you think the term penny-pinching will be replaced by?
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