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  1. Home /
  2. Dictionaries /
  3. English Dictionary /
  4. on a shoestring budget

on a shoestring budget

/ɑn ə ˈʃuˌstrɪŋ ˈbʌdʒɪt/◆idiom
with very little money

They started their business on a shoestring budget, using only $500 to get it off the ground.

They began their business with extremely limited funds, relying on just $500 to launch it.


◆ What It Really Means
operating or functioning with very limited financial resources
¶ Literal Meaning
using a shoestring (a thin strip of leather) as a budget
Literal Breakdown
onphysically supported by+a shoestringa thin strip of leather used to tie shoes+budgeta financial plan or allocation
◇ Mental Image
A mental picture of a fragile shoestring barely holding together a financial plan, symbolizing the precariousness of operating with minimal funds.
◈ When to Use
A startup founder explains how they launched their company by working from home, using free software, and bartering services instead of hiring employees, all while emphasizing their shoestring budget.
◉ Cultural Note
The idiom reflects a cultural value placed on resourcefulness and ingenuity in the face of financial adversity, often celebrated in entrepreneurial and creative circles.
informal

with very little money; operating with minimal financial resources

The film was made on a shoestring budget, yet it won several awards.

The film was produced with very little money, yet it received multiple awards.

She traveled around Europe on a shoestring budget, staying in hostels and eating street food.

She explored Europe with minimal funds, choosing budget accommodations and inexpensive meals.

Commonly used to describe projects, trips, or ventures that require careful financial planning due to limited resources.

Collocations

operate on a shoestring budgetfunction with very little moneyrun on a shoestring budgetmanage with minimal funds

Synonyms

on a tight budgetwith limited fundswith little moneyon a lean budget

Antonyms

with a large budgetwell-fundedflush with cash

Related Phrases

pinch penniesidiom
to spend very little money; to be extremely frugal
make ends meetidiom
to have just enough money to live on
tighten one's beltidiom
to reduce expenses; to live more frugally

Pro Tip

Avoid literal confusion

The phrase does not refer to actual shoestrings or budgets. Focus on the figurative meaning of having very little money to work with.

Gold Rule

Use in context

This idiom works best when describing a situation where financial constraints are a key challenge but not necessarily a failure. Pair it with examples of resourcefulness or creativity.

Word Origin

The phrase dates back to the early 20th century, when 'shoestring' referred to a thin strip of leather used to tie shoes. By the 1940s, it evolved into a metaphor for meager financial resources, as a shoestring was seen as flimsy and easily broken.

Usage Notes

This idiom is often used in informal contexts to emphasize resourcefulness and frugality. It implies that despite financial constraints, the subject is still able to achieve their goals.

Word Breakdown

on
using; with the use of
preposition
+
a shoestring
a very small amount of money
noun phrase
+
budget
the amount of money allocated for a specific purpose
noun
English Dictionary
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