cut your coat according to your cloth

US /kʌt jʊər koʊt əˈkɔrdɪŋ tu jʊər klɔθ/
UK /kʌt jʊər koʊt əˈkɔrdɪŋ tu jʊər klɔθ/
"cut your coat according to your cloth" picture
1.

to live within your means; to spend no more money than you have

:
We can't afford a luxury vacation; we need to cut our coat according to our cloth.
Before making big plans, remember to cut your coat according to your cloth.