Frugality is a trait that ensures resourceful and efficient utilization of resources. In today's world, it is essential to be frugal to sustain economic stability. To express this characteristic, one can use several synonyms for the term 'frugal method.' Some of the best alternatives include thrifty approach, budget-conscious technique, economical method, cost-effective strategy, prudent system, and efficient mechanism. Each of these synonyms conveys the same idea of using resources efficiently while ensuring desired results. A frugal method does not compromise quality while managing costs, and the synonyms equally demonstrate the same trait. Therefore, choosing any of these terms will help to provide a clear understanding of the frugal method.