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.
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References in periodicals archive ?
"You don't want to be penny-wise and pound-foolish."
If germination is less than that, planting those leftovers would probably be penny-wise and pound-foolish. Yes, you might save a few dollars on seed this year, but your garden will most likely yield many fewer pounds to harvest than if you had planted fresh seeds.
But our current budget shortfall isn't a time to be penny-wise and pound-foolish.
Don't be penny-wise and pound-foolish with your business.
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.