In for a penny, in for a pound: Learn what the means through example!

What does “In for a penny, in for a pound” mean?

"In for a penny, in for a pound" means being fully committed to something, regardless of the risks or consequences.

What context can I use the in?

Example

I've already invested so much time and effort into this project, so I guess I'm in for a penny, in for a pound.

Example

Once I decided to start my own business, I knew I had to give it my all. It's in for a penny, in for a pound.

Example

I know it's a risky move, but I've come this far and I'm in for a penny, in for a pound

Is “In for a penny, in for a pound” an expression, an idiom, or a proverb?

“In for a penny, in for a pound” is a proverb. A proverb is a short saying that teaches us something important or gives us advice. Unlike an idiom, it’s easy to understand even if it uses figurative language.

How would I use “In for a penny, in for a pound” effectively in context?

You can use "In for a penny, in for a pound" to emphasize the importance of commitment and perseverance. It suggests that once you have started something, you should continue with it until the end, regardless of the difficulties or costs involved. For example, if a friend is considering quitting a challenging project halfway through, you might say, 'Come on, you're already in for a penny, in for a pound. Don't give up now!'

  • 1Business

    After investing a significant amount of money in the company, he realized that he had to be in for a penny, in for a pound and continue supporting it, even during tough times.

  • 2Friendship

    She promised her friend that she would help with the event planning, and now she's fully committed. In for a penny, in for a pound. She'll do whatever it takes to make it a success.

  • 3Personal Goals

    He decided to pursue his dream of becoming a professional musician. In for a penny, in for a pound. He's dedicated to practicing every day and putting in the effort to achieve his goal.

Similar phrases to “In for a penny, in for a pound”:

No pain, no gain

To achieve something worthwhile, one must be willing to endure hardship or make sacrifices

Example

She knew that training for the marathon would be tough, but she believed in the saying no pain, no gain and pushed herself to keep going.

Stick to your guns

To remain determined and committed to one's beliefs or decisions

Example

Even when faced with opposition, she decided to stick to her guns and defend her position.

Sink or swim

To either succeed or fail completely, without any middle ground

Example

Starting a new job can be challenging, but it's a sink or swim situation, and she was determined to prove herself.

Good things to know:

Where does the phrase “In for a penny, in for a pound” come from?

The origin of the phrase "In for a penny, in for a pound" is unknown.

Is “In for a penny, in for a pound” common in everyday conversation?

Yes, "In for a penny, in for a pound" is a well-known proverb that is commonly used in everyday conversation. It is often used to express the idea of commitment and determination to see something through to the end, even if it becomes challenging or costly.

What tone does “In for a penny, in for a pound” have?

"In for a penny, in for a pound" conveys a tone of determination and resolve. It encourages perseverance and emphasizes the importance of staying committed to a task or goal.

Can “In for a penny, in for a pound” be used in informal and formal settings?

The phrase "In for a penny, in for a pound" is commonly used in both informal and formal settings. It can be used in casual conversations with friends and family, as well as in more formal situations such as business meetings or presentations.

Can it be used by itself, or is it usually part of a sentence?

It is commonly used as part of a sentence to convey its full meaning. For example, 'Once you've started the project, you should be in for a penny, in for a pound and see it through.' However, in informal conversations, people might understand the phrase even if used alone, like saying 'Well, "in for a penny, in for a pound"!' to imply a commitment to a course of action.

Synonyms & Antonyms

Synonyms

  • stay the course
  • commitment is key
  • see it through
  • finish what you started
  • don't back down

Antonyms

  • cut your losses
  • quit while you're ahead
  • change course
  • give up
  • abandon ship

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