I hope this is in the right place. If not, mods please move.

I bought a kilt 2nd hand knowing it was to big, and have every intention of having it altered, as it was not too to big. I tried it on only to find that it is literally a hair too big.

Here is my dilema: It is just too big enough to not be able to wear it, but not to big that it seems worth a major alteration fee. My wife suggests punching an extra hole in the leather straps. Does this sound like a good idea? Any help from the experts would be greatly appreciated.