To manage and use the economic resources of a household, company, or national economy in a planned and economical way.
example
Seit sie arbeitslos ist, muss sie mit ihrem Geld sehr sparsam wirtschaften.
Since she has been unemployed, she has to manage her money very frugally.
Usage tips
Word family
The verb 'wirtschaften' is closely related to the noun 'die Wirtschaft' (economy, pub/restaurant) and the profession 'der Wirt' (host, innkeeper). It describes the activity carried out in a 'Wirtschaft' or by a 'Wirt': managing resources or running a restaurant.
EXAMPLE
Ein gutes Unternehmen muss nachhaltig wirtschaften.
A good company must operate sustainably.
Context clue
You can recognize the meaning of 'wirtschaften' from the context. If it is about money, a budget, or a company, economic management is meant. If disorder in a room such as the kitchen is being discussed, it means 'Chaos machen' (to make a mess).
EXAMPLE
Die Familie muss lernen, mit weniger Geld zu wirtschaften.
The family has to learn to manage with less money.
Typical collocations
In the economic meaning, 'wirtschaften' is often combined with adverbs that describe the type of management. Typical combinations are 'gut wirtschaften' (to manage well), 'schlecht wirtschaften' (to manage poorly), or 'sparsam wirtschaften' (to manage frugally).
EXAMPLE
Er hat gut gewirtschaftet und konnte das Unternehmen retten.
He managed things well and was able to save the company.
Register and style
The meaning 'Unordnung machen' (to make a mess) is colloquial and has a slightly negative or reproachful undertone. It is often used when complaining about chaos.
EXAMPLE
Schau dir das Chaos an! Wer hat hier so gewirtschaftet?
Look at this chaos! Who made such a mess here?
Compare with
near_synonym · confusable
wirtschaften vs sparen
to save
'sparen' and 'wirtschaften' both have to do with handling money or other resources. 'sparen' is more specific: you spend less or use less so that something is left over. 'wirtschaften' is broader and means planning and managing money, supplies, or other resources, for example in a household or company. The words can be confused because managing resources well often also includes saving. But 'wirtschaften' describes the whole organization and management, while 'sparen' only refers to setting something aside or reducing use.
wirtschaften
Die Familie hat im letzten Jahr vorsichtig gewirtschaftet und keine Schulden gemacht.
The family managed their money carefully last year and did not go into debt.
sparen
Vor dem Wochenende spart der Gast sein Geld und bestellt nur eine Suppe.
Before the weekend, the guest saves his money and orders only a soup.