- penny-wise and/but pound-foolish
- penny-wise and/but pound-foolish: careful about small amounts of money but not about large amounts— used especially to describe something that is done to save a small amount of money now but that will cost a large amount of money in the future
The administration's plans to cut funding are penny-wise and pound-foolish.• • •Main Entry: ↑penny-wise————————penny-wise and/but pound-foolish — see ↑penny-wise• • •Main Entry: ↑pound-foolish
Useful english dictionary. 2012.