Select the most appropriate meaning of the given proverb. Penny wise pound foolish

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English Language · English

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Stingy with small amounts but wasteful with large sums

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Answer 1

Wise people do not spend money on foolish things

Answer 2

Saving every penny leads to wealth creation

Answer 3

Saving small sums is beneficial in the long run

Answer 4

Stingy with small amounts but wasteful with large sums

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