cut (one's) cloth

cut (one's) cloth

To act in accordance with one's limitations, often financial. Primarily heard in UK. You'll go bankrupt if you don't start cutting your cloth.
See also: cloth, cut
Farlex Dictionary of Idioms.

cut your cloth

mainly BRITISH
If you cut your cloth according to your situation, you limit what you do to take account of the resources you have. Ford would be forced to cut its cloth according to the demands of the market. The Government would have to cut its cloth and eliminate programmes which were not used. Note: You can also say that you cut your coat according to your cloth, with the same meaning. Organisations which are supported by the taxpayer must cut their coats according to their cloth.
See also: cloth, cut
Collins COBUILD Idioms Dictionary, 3rd ed.
See also:
  • cut your cloth
  • cut your coat according to your cloth
  • cut (one's) coat according to (one's) cloth
  • cut coat according to cloth
  • cut (one's) coat to suit (one's) cloth
  • cloth ears
  • pull no punches
  • pull no punches, to
  • accordance
  • take the cloth