Learn to speak fluent English -- Accent Training, Correct Grammar usage, Idioms, Phrases and vocabulary with example sentences.
Daily Video Vocabulary. Episode 69 : Penny wise and pound foolish
Have you ever gone out of your way to save a few bucks by making a compromise and later land up spending a huge amount due to your foolishness?
The idiom 'penny wise and pound foolish' basically means to save a little money, only to
lose a greater amount due to your own foolishness. A penny is a small amount and a pound is a larger amount, so you are wise with a small amount but foolish and wasteful with larger amounts. It also means you are over careful about unimportant and small matters and careless about important ones. You realize that in the process of being stingy about small expenditures, you eventually spend more than you actually saved.
For example, if you save a few hundred bucks by not hiring a tax accountant to review complicated matters, you are penny wise and pound foolish as you ultimately land up paying a huge penalty amount. Okay, now that you know what this idiom means, let's take a look at some example sentences to see how you can use it in your daily conversation.
Example 01: A penny wise and pound foolish Mike bought himself an expensive tuxedo suit even though he didn't need it, but is still thinking whether to buy a much needed pair of shoes.
Example 02: Jennifer was penny wise and pound foolish as she bought cheaper vegetables at a whole sale price, only to be thrown as they were spoilt.
Example 03: The manager realized he was penny wise and pound foolish when he hired undergraduates in order to save the operating cost of the company.
Example 04: Samantha told her friend, "Neglecting your cavities to save money will certainly lead to a root canal which would be far more expensive, so don't be penny wise and pound foolish"
Example 05 : Sheela was penny wise and pound foolish when she made her husband drive to six different stores to get the best bargains on her groceries, eventually she spent more on fuel than the benefits she got.
Example 06: Being a handy man, William tried to fix the leaking faucet and broke it, he was penny wise and pound foolish, as he had to replace the faucet, pipe and pay the plumber as well.
Example 07: I sold my good motorcycle and purchased a second-hand car that is giving me endless problems; it was too late to realize that it was a penny-wise and pound foolish decision.
Example 08: The Government's education budget cuts are penny-wise and pound foolish, as public education is an investment towards the nation's future.
Example 09: Mary told her husband, "We've worked so hard to save money, if we took a vacation now it would be penny wise and pound foolish.
Tagged under: Free English,English lesson,English video,vocabulary,business English,Grammar,learn grammar,English speaking,spoken English,learn English,speak English,speaking English,fluent English,fluency English,English training video,speak fluent English,accent training,American accent,British accent,US accent,UK accent,personality development,words,sentences,public speaking,presentation,soft skills, ,phrases,idioms,listening skills
Clip makes it super easy to turn any public video into a formative assessment activity in your classroom.
Add multiple choice quizzes, questions and browse hundreds of approved, video lesson ideas for Clip
Make YouTube one of your teaching aids - Works perfectly with lesson micro-teaching plans
1. Students enter a simple code
2. You play the video
3. The students comment
4. You review and reflect
* Whiteboard required for teacher-paced activities
With four apps, each designed around existing classroom activities, Spiral gives you the power to do formative assessment with anything you teach.
Carry out a quickfire formative assessment to see what the whole class is thinking
Create interactive presentations to spark creativity in class
Student teams can create and share collaborative presentations from linked devices
Turn any public video into a live chat with questions and quizzes