pound foolish
/ˈpaʊnd ˌfulɪʃ/
adjective
- Careless or wasteful with large amounts of money, especially while being overly careful with small amounts.
- The company's pound-foolish decision to cut the maintenance budget led to a costly breakdown later.
- Being pound-foolish with your savings means you might save a few dollars now but lose hundreds later.
- He is penny-wise and pound-foolish, buying cheap shoes that wear out quickly and cost more in the long run.
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