It refers to a person who will go to great pains to save a few Pennies here and there, but think nothing of spending a large sum of money on something they do not need.
'Penny-wise and pound foolish' means to be careful with small amounts of money, but careless when dealing with large ones.
For example, someone who is careful to save small amounts, but spends it all on short term, wasteful things, could be described as being penny-wise and pound foolish.
This means a person is careful or wise about little decisions but may not be careful about bigger ones. Like someone who would order a salad with low-calorie dressing, then follow it up with a super-duper ice-cream-laden double chocolate cholesterol fest.
it mean you shouldn't waste money because you have earned it and you should not want to throw away something you earn right away.
It is meant to be a lesson of sorts. Basically, you don't know the value of something until you don't have it anymore. Thus, a penny, something most people consider to be rubbish or of little monetary value, can be a lot of you don't have any money. This saying can be applied to all aspects of life, not just a literal penny.
The penny is a miss print and is worth 30-40 dollars
The inscription actually reads V.D.B., not V.O.B.These are the initials for the designer of the penny: Victor David BrennerSee more here: http://coins.thefuntimesguide.com/2008/07/1909_lincoln_cent_penny.php
£1 - or did you mean what could you buy with £1 in 1500?
It means you have lost a pound of money and found only a penny.
This is just an imaginative way of saying that something is expensive - it's not just worth a penny, the penny has to be pretty on top of it!
It means to be expensive or to cost alot. For example: My dress cost a pretty penny.
The expression "In for a penny, in for a pound" means if something is worth doing then gamble or take a chance at it. You might as well go the whole way, commit and take all the risks, not just some. A penny is the English currency of a coin, however, a pound consists of 100 pennies.
A foolish person or foolish action.
it mean you shouldn't waste money because you have earned it and you should not want to throw away something you earn right away.
foolish
It means to invent something, such as a phrase or saying. It also means to create a coin, like a dime or penny.
pound for pound is a way of saying without the obvious weight differance, is this guy who's 140lbs a better fighter than this guy who's 240lbs, it's who would win hypothetically if weight didn't matter. so the best pound for pound fighter would be simply the best, even though he'd lose to someone because of size.
The elderly woman liked to espouse idioms such as "a penny wise pound foolish." Note that the word is not found, but pound. A pound refers to the British money system.One meaning of the idiom is someone who will pinch a penny over stupid matters, such as arguing over the price of chicken at the butcher, but foolishly throws away good money in get rich schemes. For example, a woman spends a high amount on a lavish dress, believing she will meet a rich suitor at a party, which is unlikely to happen. But the same woman complains and refuses to buy her children milk when the price goes up by 2-cents.It is important to realize this idiom goes back to British rule, and perhaps even older than the American colonies. So it is no wonder that schoolchildren in America do not understand the reference to "pound" as money (which the colonists used under British rule), and that kids today try to substitute some other word to make the expression have mean something (such as mistakenly thinking the word is found or sound.)
Foolish
tayla jordan.