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tighten (one's) belt

Translations

затянуть (свой) пояс

With the recent economic downturn, many families have had to tighten their belts.

Из-за недавнего экономического спада многим семьям пришлось затянуть пояса.

Definitions

To reduce one's spending or to live more frugally, often due to financial constraints or economic difficulties.