To cut your coat according to your cloth means to shop or act in accordance with one's financial limitations, but in this sentence they are prepared to spend lavishly regardless of their financial limitations.
Context: "This has not been a good year for us and we must be prepared to shop and spend lavishly regardless of our financial limitations." Claim: "This has not been a good year for us and we must be prepared to cut our coat according to our cloth."
Considering the context, is the claim true, false, or unknown?