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Its a ridiculous name, movie or literature aside.

Pennywise brings one thing to mind for me: the evil clown. I can’t separate it from IT, both from the novel and the movie.

There's a counselor at my school with the name of Penny Wiseman and I feel extremely bad for her.

I have had too many nightmares about Pennywise the clown in the 21 years of my life to ever even be able to think of the name as a separate entity.

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But if I could, I think I would probably find it very unpleasant sounding and too coppery to like even for a pet.

I really don't like it.

Calling somebody “penny wise” means they focus on small details and ignore the big picture (the whole phrase being “penny wise, pound foolish”). Apart from sounding ridiculous, it’s literally an insult. So no, I would not use it.

I like Penny but not 'pennywise' it just sounds odd even without the character association. I feel that 'Wise' is just a word that just doesn't work as a name, so attaching it onto Penny or some other name just ruins it in my opinion.

Penny wise is a common English expression in the phrase "penny wise and pound foolish." The saying means that somebody is careful about small amounts of money, but careless when handling a large amount.

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So no, the name would not work on a preal person, and also wouldn't work on another character.

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There is a famous women's health author called Penny Wise Budoff, however, the fact that some parents thought it would be funny to name a child Penny Wise (if Penny isn't a nickname for something else and she chose Penny as a joke) does not make it all right to give a person.

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Penny however is a not uncommon name or nickname. It's quite dated now though. My mother's little dog is named Penny.

I think you would have to really hate your kid to call it that.