1. Education budget cuts are penny wise and pound foolish because educated citizens are the driving force behind the country's economy.2. If you buy a Chanel handbag in China to save money chances are you'd buy a knockoff.
 penny wise, pound foolish to save money字面意思就是省一分卻花了一鎊. 貪小便宜可以白話說 to save money
The moviestar is extremely materialistic and only wears name brand clothes.