cheap out

Verb

 * 1)  To reduce costs on a project or product to an unreasonable degree; to cut corners.
 * That's not the kind of product you want to cheap out on.
 * 1)  To act cheap; to unreasonably refuse to spend money.
 * I could never marry someone who cheaps out like that.
 * 1)  To be too stingy to achieve a purpose or provide a promised product/service/project.
 * I was cheaped out of having a good vacation because the hotel's marketing misled me.

Usage notes
While the verb is generally more common than, this phrasal verb is an exception.