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

tighten the purse strings

or

tighten your purse strings

If you tighten the purse strings or tighten your purse strings, you reduce the amount of money that can be spent. Election promises must be delayed while the government tightens its purse strings.
See also: purse, string, tighten
References in periodicals archive ?
Despite a sustained drive to upgrade and modernise Russia's armed forces, President Vladimir Putin has had to tighten purse strings following a sharp decline in global oil prices and the need to prioritise some domestic spending programmes.
For many, January is a month to tighten purse strings after a busy Christmas and New Years period.
It's the time of year to tighten purse strings and reduce waistlines.
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.
Despite, or perhaps because of, the need to tighten purse strings, consumers are upgrading to luxury ice cream brands to give themselves a treat.
NEW DELHI -- Car sales in India saw their slowest pace of growth in June since March 2009 as rising interest rates and fuel prices force consumers to tighten purse strings in the world's second-fastest growing auto market after China.
The number may fall this year as the deepening recession forces producers to tighten purse strings, especially on indie pics, but the line-ups of the three majors will be relatively unaffected.
Schools face closure as councils tighten purse strings. In Edinburgh, 22 schools are under threat.
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.
James Cooper, policy adviser at Birmingham Chamber of Commerce and Industry, warned the increase would "kill off confidence and tighten purse strings".
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.
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.