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tighten their belts

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Over the top

Over the top

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Hello
What does this mean in the following sentence? Does it mean they don't spend money?
Can you give me another example.
Thanks

71% of Brits have tightened their belts since the credit crunch started
 
corum

corum

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Over the top said:
Hello
What does this mean in the following sentence? Does it mean they don't spend money?
Can you give me another example.
Thanks

71% of Brits have tightened their belts since the credit crunch started
Click to expand...

They started to spend less.
 
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