be penny-wise and pound-foolish

be penny-wise and pound-foolish

To be so concerned with saving money that one ignores larger problems and ultimately ends up spending more. I know you don't want to pay for this expensive course of treatment, but when ignoring your health lands you in the hospital, you'll see that you were penny-wise and pound-foolish.
See also: and

be penny-wise and pound-foolish

  (old-fashioned)
to be extremely careful about small amounts of money and not careful enough about larger amounts of money Saving a little bit of money on repairs can lead to long-term damage. You don't want to be penny-wise and pound-foolish, now do you?
See also: and
References in periodicals archive ?
But our current budget shortfall isn't a time to be penny-wise and pound-foolish.
With all the long-term savings and benefits to Washington taxpayers, it would be penny-wise and pound-foolish if the state fails to restore funding for the program.
On the other hand, "You shouldn't be penny-wise and pound-foolish," warns Steven Candela, matrimonial and family court practitioner of Mannarino Candela in New York City.
Don't be penny-wise and pound-foolish with something as important as an information system.
It would be penny-wise and pound-foolish to allow this vital piece of our national transportation infrastructure to wither away or be dismantled piece by piece.
While most employers would prefer to give its employees the benefit of the doubt that they are all adhering to corporate policies and procedures, organizations would be penny-wise and pound-foolish in thinking that the ongoing Internet abuse issues in corporate America don't affect them.