false economy



false economy

An initial attempt to save money that ends up costing a person more money in the future. Although people often join wholesale clubs for the discounts, it ends up being a false economy because they spend more there than they would at a regular grocery store. Not getting regular oil changes might save you money in the short term, but it's a false economy because you'll ruin your engine.
See also: economy, false

Common Names:

NameGenderPronouncedUsage
MandiMAN-deeEnglish
Sigge-Swedish
RenÉrə-NE (French)French, German, Spanish, Slovak, Czech
Youssef-Arabic
AndrÉawn-DRE (French), an-DRE (Portuguese)French, Portuguese
MarielMER-ee-əl, MAR-ee-əlEnglish