penny-wise-pound-foolishness
/ˈpɛnɪwʌɪzˌpaʊndˈfuːlɪʃnɪs/noun
The quality of being penny-wise and pound-foolish.
Origin
Late 19th century; earliest use found in The Westminster Gazette. From penny-wise + pound + foolishness, after penny-wise (and) pound-foolish.
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