penny wise

Thrifty on trifles

Penny wise describes being careful with small amounts of money.

The phrase appears almost exclusively in the expression penny wise and pound foolish, describing someone who economizes on trivial expenses while wasting money on larger ones—like skipping coffee to save a few dollars, then buying an overpriced car.

Related

tight fisted · miserly · tightwad · scrimping · saving · nickels · dimes · small change · coins · budget · pinching · economical · rainy day fund · shortsighted · skinflint · bargain · coupon · bottom dollar

Categories
Opposites
financial judgment scale

penny wisepound foolish

Wasteful with significant amounts

long-term investor · prudent · far-sighted · smart money · judicious

spending behavior

penny wisepound foolish

Wasteful with significant amounts

profligate · spendthrift · wasteful · extravagant · lavish

scope of economic thinking

penny wisesees the forest for the trees

Grasps totality despite details

shrewd

Family

penny, wise, pennies, pence, wisdom, wisely, wiser, wisest, unwisely

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G