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Meaning of 开源节流

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kāi yuán jié liú (Trad.: 開源節流)
lit. to open a water source and reduce outflow (idiom); to increase income and save on spending; to broaden the sources of income and economize on expenditure
Related Words
Antonyms: 铺张浪费
Example Sentences
1
In economic work, we should pay attention to opening up the source and regulating the flow from time to time.
2
Therefore, broadening sources of income and reducing expenditure is the key.
3
Businesses should learn to increase their profits by increasing income and reducing expenditures.
4
After the holidays, many are ready to take control of their lives.
5
But for the most part newspapers have cut their way out of crisis.