tighten the purse strings

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tighten the purse strings

To become less liberal with or more controlling of one's expenditures; to decrease the availability of money for spending purposes. After losing my job, I've had to tighten the purse strings quite a bit. We've been behind schedule ever since the boss decided to tighten the purse strings on our project.
See also: purse, string, tighten
References in periodicals archive ?
Schlumberger, whose comments are closely watched for a glimpse into industry trends, said the first quarter of 2016 would be weaker than the current quarter as customers tighten purse strings further, hurting the usual year-end sales of software, products and multi-client licenses.
However, whilst holiday goers are wisely trying to cut costs and tighten purse strings in some areas, cutting out travel insurance could prove to be an expensive mistake.
8% in June as consumer continued to tighten purse strings as concerns rose that an economic recovery would be protracted.
Holiday gift giving will take a hit because many households are continuing to tighten purse strings due to the financial climate.
We feel that while it is sensible to tighten purse strings, it is important to maintain focus on acting responsibly on an environmental and social level.
Maybe they might tighten purse strings and not buy that wide-screen TV or new car but they will not give up their two weeks holiday abroad.
DURING the last series of Spendaholics, financial experts Jay Hunt and Benjamin Fry gave top tips on how to tighten purse strings and crawl out of debt.
She said that the survey showed that investment intentions had changed very little from this time last year, but in the current economic climate, investors were more likely to tighten purse strings than increase spending, which would hit all sectors heavily.
In the UK and Ireland, profit climbed 19 per cent, with sales at its credit services division, which provides information to lenders, up four per cent despite a decline in consumer lending as personal insolvencies rise and banks tighten purse strings.
Our survey showed that investment intentions have changed very little from this time last year, but in the current economic climate, investors are more likely to tighten purse strings than increase spending.
Consumers have proved the backbone of the UK economy but there are increasing signs that shoppers are now keener to tighten purse strings.