You will save CO2 if you:
A) Continue to follow this method, and one day when you turn on your CO2 and you hear it rushing in to fill up the keg, this means that the keg has lost pressure somehow and you saved all the CO2 you would have lost by not noticing the leak in time.
B) Turn off the CO2 when you know you have plenty enough in the keg to push the remainder of the beverage inside and you know it will kick within a few hours, say if you were hosting a party for instance. As an example, my keg is at 30psi (soda) and is half full. If I expect my partygoers to completely empty the keg, I know the volume of headspace will double, so the headspace pressure will drop to half or 15psi (P1xV1=P2xV2) if no new CO2 is introduced. This only works well if the time between turning off the CO2 and kicking the keg is short enough such that there is no significant loss of CO2 from the beverage.
Does that help?