Idiom of the day :- On a shoestring

Usage, examples and definition of the Idiom :-

A shoestring is a shoelace. Because they are so common and, in particular, so cheap, a shoestring means a small amount of money. From that, to do something on a shoestring is to do it without spending much money. ‘We’ve been living on a shoestring since Tim lost his job,’ Tina said.