Fiscal discipline refers to the act of carefully managing financial resources. There are many synonyms for this term, including financial prudence, budgetary control, financial management, economical management, and fiscal responsibility. These terms all imply that individuals or organizations are careful with their spending, ensuring that money is allocated appropriately and used efficiently. They also suggest that people or groups are accountable for their financial decisions, and prioritize long-term financial stability over short-term gains. By practicing fiscal discipline, individuals and organizations can develop a strong financial foundation, reduce debt and build toward a sustainable future.