Tighten the purse strings phrase
To reduce or limit the amount of money available to be spent.
The staff had to purchase their own office supplies because the finance department tightened the company's purse strings.
If I lost my job, I would have to tighten the purse strings for a while.
Tightening the purse strings is generally viewed as a temporary solution to a short-term economic problem.
The verb "tighten" must be conjugated according to its tense.
This phrase was formed based on the meaning of the compound noun "purse strings", which was first found in the mid 15th century in a medieval English work, The Book of Margery Kempe.
If you fall for someone's trick the first time then they are at fault.
Are you going to mess with me again? Fool me once, shame on you; fool me twice, shame on me.