false economies

Savings that backfire

False economies are apparent savings that end up costing more in the long run.

Buying cheap shoes that wear out in months, skipping preventive maintenance until major repairs are needed, or understaffing until productivity collapses—all are false economies.

The phrase captures the shortsightedness of prioritizing immediate cost reduction over lasting value: Cutting the training budget proved a false economy when errors multiplied.

Related

shortsightedness · waste · counterproductive · penny-pinching · nickel and diming · cutbacks · misallocation · band-aid solutions · miscalculations · mismanagement · opportunity costs · regret · cutting corners · budget cuts · reductions · thriftiness · shortcut · tunnel vision

Opposites
financial wisdom

false economieslong-term thinking

Planning beyond immediate concerns

quality over quantity · preventive maintenance

genuine value

false economiesvalue for money

Worth relative to cost

Family

false, economy, falsely, falseness, falsify, falsification, falsified, falsifier, falsity

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Negative · Rated G