Definition, Meaning & Synonyms

fiscally-responsible

Adjective

/ˈfɪs.kəl.i rɪˈspɒn.sə.bəl/

Definition

Characterized by the careful management of financial resources, ensuring that spending is kept within limits and debts are managed prudently.

Examples

The government is expected to adopt fiscally responsible policies to maintain a stable economy.
She considers herself fiscally responsible because she budgets carefully and saves for the future.

Meaning

Being fiscally responsible means making thoughtful decisions about money, ensuring that one lives within their means and does not overspend or take on excessive debt.