Parsimonious

adj. stingy, miserly; frugal, economical

Parsimony is a 'less is better' concept of frugality/economy/stinginess or caution in arriving at a hypothesis or course of action. The word derives from Middle English parcimony, from Latin parsimonia, from parsus, past participle of parcere: to spare.
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Adjective
1. excessively unwilling to spend; "parsimonious thrift relieved by few generous impulses"; "lived in a most penurious manner--denying himself every indulgence"
(synonym) penurious
(similar) stingy, ungenerous

(a.)
Exhibiting parsimony; sparing in expenditure of money; frugal to excess; penurious; niggardly; stingy.
  

adj.
کم خرچ, بخيل, کنجوس, جزرس, کفايت شعار
,A prodigal king is nearer a tyrant than a parsimonious. (Bacon)
فضول خرچ پادشاہ کنجوس کي نسبت ظالم سے زيادہ ملتا ہے