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What does on a shoestring mean?

Looking for the meaning or definition of the word on a shoestring? Here's what it means.

Prepositional phrase
  1. (idiomatic) On a very tight budget; with few resources or little money.
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Examples
Her organisation, already operating on a shoestring, is likely to close, after nearly six years of campaigning.
The consensus of everyone is that it will be painful, but you cannot run a council as large as ours on a shoestring.
Many of the small neighborhood stores and restaurants, particularly those in poor areas, were already operating on a shoestring.
Not only it is tasty, on a shoestring budget one can gorge on a variety of food.
It brings prestige to Scotland on a shoestring, and a great deal is done by people for whom it's a crusade, not a job.
Almost anyone can now afford broadcast quality equipment, small enough and flexible enough to go almost anywhere on a shoestring.

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