make a hole in

make a hole in (something)

To take, use up, or deplete a large amount of money available in something, such as a budget, one's wallet, etc. The cost of repairing the car is really going to make a hole in our savings. Tammy's private piano lessons are making a hole in my wallet!
See also: hole, make

make a hole in

see under pick apart.
See also: hole, make

make a ˈdent/ˈhole in something

(informal) reduce something: Having to pay out unexpectedly for car repairs made a big hole in my savings.The embarrassing stories about his past made quite a dent in his reputation.
See also: dent, hole, make, something