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tighten up (someone's) belt

Translations

затянуть (чей-то) пояс

With the new budget cuts, we'll all have to tighten up our belts.

С новыми сокращениями бюджета нам всем придется затянуть пояса.

Definitions

To reduce spending or be more frugal, often due to financial difficulties or the need to save money.