penny wise, pound foolish

Proposed by a contributor, not yet supported by evidence.

Meaning · English

Being extremely frugal in small matters but wasteful in larger ones

Literally: wise about pennies, foolish about pounds

Examples

He's penny wise, pound foolish when it comes to investing in his business

AI-drafted example auto-approved by rule (illustrative, not a corpus attestation)

Sources & notes

Listed on English Wikiquote “English proverbs” (CC BY-SA 4.0, retrieved 2026-07-31). Definition drafted by AI (@cf/meta/llama-3.3-70b-instruct-fp8-fast) and auto-approved by rule on 2026-07-31; pending editor spot-check.

Common questions

What does “penny wise, pound foolish” mean?

Being extremely frugal in small matters but wasteful in larger ones Literally: wise about pennies, foolish about pounds

Is “penny wise, pound foolish” formal or informal?

No register label has been reviewed yet — treat it as neutral and check the usage notes above.