The idiom "penny wise and pound foolish" originated in Britain and dates back to the 17th or 18th century. This phrase is used to describe someone who is careful or thrifty when it comes to small expenses or minor decisions but makes unwise and extravagant choices when it comes to larger, more important matters.

What is the origin of the idiom "penny wise and pound foolish" and when to use it?

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penny wise and pound foolish

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