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What is the meaning of the proverb penny wise pound foolish?
Questioner：Max Davis 2023-04-07 09:47:28
The most authoritative answer in 2024
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Benjamin Wilson——Works at the International Air Transport Association, Lives in Montreal, Canada.
As a language expert with a deep understanding of idioms and proverbs, I can provide you with a detailed explanation of the proverb "penny wise, pound foolish."
The proverb "penny wise, pound foolish" refers to someone who is careful with small amounts of money but careless with larger amounts. This type of behavior is counterproductive because it focuses on saving insignificant amounts while neglecting larger expenses that could be more effectively managed or reduced. The saying is a caution against being overly frugal in small matters while failing to see the bigger financial picture.
Here's the proverb with the key phrase highlighted: "penny wise, pound foolish".
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Grace Martinez——Studied at University of Michigan, Lives in Ann Arbor, MI
There is a British saying I always loved, ��penny wise, pound foolish.�� I took it to mean, ��making decisions with small amounts of money (pennies) that end up making bad sense for affecting larger amounts of money (pounds, as in Great British Pounds).��read more >>+119962023-04-11 09:47:28
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