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penny-wise

penny-wise

1 7.5
Careful with small amounts of money but careless about larger costs
  • adjective
  • /ˈpɛni waɪz/
  • Informal
translation icon : ahorrador
  • He was always penny-wise, refusing to spend even a little on necessities.
  • penny-wise and pound-foolish

Examples

  • But there is no escaping the fact that CFOs and finance departments are usually, to use an English cliché, "penny wise and pound foolish."

    Blog text (19)
  • Your way is penny wise and pound foolish.

    Blog text (9)
  • In my opinion, this plan was penny wise and pound foolish.

    Blog text (21)
  • The man was penny wise and pound foolish.

    Fiction book (1996)
  • Penny wise, pound foolish.

    Blog text (26)
  • How much can be expected of a child born in a workhouse and brought up on the rates at the mercy of a penny-wise middle-class bureaucracy?

    Academic text (2005)
  • Being penny wise often leads people to overlook more significant financial mistakes.

  • If you are penny-wise, you might save small amounts but ignore larger expenses.

Synonyms

cheap
vspenny-wise
199 6.5

Not willing to spend money even when needed

is less pejorative, stressing thriftiness only with minor purchases
frugal
vspenny-wise
31 4.9

Careful about spending money and not wasting things

applies carefulness mainly to small purchases not overall resource use
stingy
vspenny-wise
26 5.2

Not willing to spend money or give help to others

is specifically about carefulness with small sums rather than general meanness
thrifty
vspenny-wise
10 4.4

Being careful with money and things to avoid wasting them

limits carefulness to small expenses rather than overall economical habits
miserly
vspenny-wise
3 7.9

Not willing to spend or give money even when they have enough

is more selective, focusing stinginess on small amounts rather than all spending
parsimonious
vspenny-wise
2 9.9

A person who is unwilling to spend money and avoids buying things

is narrower, concerned chiefly with tiny expenses not wide frugality
penny-pinching
vspenny-wise
  • Informal
1 7.5

Not willing to spend much money

focuses on small sums rather than a general refusal to spend
tightfisted
vspenny-wise
  • Offensive
1 8.0

A person who does not like to spend money

is less absolute, applying tight control mainly to small expenses
chintzy
vspenny-wise
  • Informal
1 8.8

Not willing to spend money

is a milder, less socially negative carefulness limited to small sums
picayunish
vspenny-wise
  • Archaic
1 9.9

Unwilling to spend money, even for small things

is concerned mainly with saving on minor expenses rather than broad stinginess
pennywise
vspenny-wise
7.5

Careful with small amounts of money and everyday spending

is about being careful only with small amounts rather than overall spending
penurious
vspenny-wise
  • Formal
9.9

Not willing to spend money even when they have it

is milder, applying thrift mainly to minor everyday costs
closefisted
vspenny-wise
8.2

Not willing to spend or give money

is limited to being careful over small costs rather than overall miserliness
hardfisted
vspenny-wise
  • Offensive
9.9

Not willing to spend or share money

is focused on thrift for small amounts rather than broad stinginess
scrimy
vspenny-wise
  • Archaic
9.9

Unwilling to give money or things

focuses on thrift for small amounts rather than general pettiness

Antonyms

48 3.0

Using more money or things than you need

How Thrifty

thrifty
10 4.4
frugal
31 4.9
penny-wise
  • Informal
1 7.5
wasteful
48 3.0

Surface Forms

penny-wise positive

Morphology

penny-wise = penny (transparent) = penny + wise

Meaning is directly derived from 'penny' + the combining element '-wise' (i.e., 'wise about pennies' = careful with small amounts).

Etymology

Penny-wise comes from the old saying 'penny wise, pound foolish' and joins penny ('small coin') with wise ('careful'). So, a penny-wise person is careful about small costs but may ignore bigger, more important spending, which can cause problems later.