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What does “every penny counts” mean?

Meaning, example sentence and a quick practice question.

B2

Said when even small amounts of money matter

“On a student budget, every penny counts.”

From the B2 lesson Tightening the Belt (money idioms).

Quick check

What does “every penny counts” mean?

Teaching this phrase?“every penny counts” is part of a ready-to-teach lesson, with a reading, three exercises, speaking tasks and an answer key, in Everyday English Chunks B2 Pack 3 (Money, Food, Work and Travel).
See the B2 lesson pack
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