These Ben Franklin Quotes Will Save You Money (2024)

FAQs

These Ben Franklin Quotes Will Save You Money? ›

“A Penny Saved Is A Penny Earned”

One of the most famous quotes of Benjamin Franklin and most useful for modern society. Saving money is the most important factor for your financial stability and building wealth and a support system during a financial crisis.

“A Penny Saved Is A Penny Earned”

One of the most famous quotes of Benjamin Franklin and most useful for modern society. Saving money is the most important factor for your financial stability and building wealth and a support system during a financial crisis.

For example, one of the most-popular sayings attributed to Franklin is, “a penny saved is a penny earned.” This appears to be a combination of two Franklin proverbs. Other famous Franklin quotes are well-documented. In “Advice To A Young Tradesman,” Franklin writes that, “Remember that time is money.”

"The Road to Wealth," written by Benjamin Franklin in 1758, is a collection of proverbs and aphorisms taken from "Poor Richard's Almanac" over the course of 25 years of publication, condensed into Father Abraham's immortal saying to a group of people.

“A fool can earn money; but it takes a wise man to save and dispose of it to his own advantage.” If we don't save, we'll stay broke no matter how much we earn. And if saving money is not urgent, it just won't get done. “Save money and money will save you,” reads a Jamaican proverb.

and meet your next favorite book!

The way to wealth is as plain as the way to market. It depends chiefly on two words, industry and frugality: that is, waste neither time nor money, but make the best use of both.

“Well done is better than well said.”

According to the Poor Richards Almanack, written by the original early retiree, Benjamin Franklin, a happy retirement is simple. He suggests: "Know how much is enough, build assets, and cultivate passions."² These are age-old lessons that we can still put into practice today.

Don't get too greedy and don't get too scared.” “Waiting helps you as an investor and a lot of people just can't stand to wait. If you didn't get the deferred-gratification gene, you've got to work very hard to overcome that.” “The stock market is a device to transfer money from the impatient to the patient.”

What is Ben Franklin's Way to wealth about? ›

“The Way to Wealth” was not really about wealth as we think of it today. Its message was about how to accumulate enough to have material security, personal independence, and social respectability. The means to do so were basically hard work and frugality.

"Remember that time is money. He that can earn ten shillings a day by his labor, and goes abroad, or sits idle one half of that day, though he spends but sixpence during his diversion or idleness, it ought not to be reckoned the only expense; he hath really spent or thrown away five shillings besides."

What did Thomas Jefferson think of Benjamin Franklin? Thomas Jefferson had significant respect for Benjamin Franklin. The man had served as his mentor for many years and they were close friends.

Epictetus: “Wealth consists not in having great possessions, but in having few wants.” Edmund Burke: “If we command our wealth, we shall be rich and free; if our wealth commands us, we are poor indeed.” Jim Rohn: “Formal education will make you a living; self-education will make you a fortune.”

Not he who has much is rich, but he who gives much. We are rich only through what we give, and poor only through what we refuse. Wealth belongs to the person who enjoys it and not to the one who keeps it. It is not the man who has too little, but the man who craves more, that is poor.

According to Einstein, “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn't … pays it.” At first this quote might seem like a bit of an exaggeration but the math behind it shows that it is not.

Benjamin Franklin suggests that the government needs money for Navy, Pay Holland, and Pay the French. The correct option is "D". In his speech before the Pennsylvania Assembly in 1755, Franklin argued for the importance of raising funds to support the colonial defense efforts during the French and Indian War.

“The Way to Wealth” was not really about wealth as we think of it today. Its message was about how to accumulate enough to have material security, personal independence, and social respectability. The means to do so were basically hard work and frugality.

In Benjamin Franklin's essay, 'The Way to Wealth,' he warns against pride, sloth, and frugality. Franklin emphasizes the importance of being industrious and hardworking instead of being lazy or wasteful. He cautions against the dangers of excessive pride, as it can lead to arrogance and poor decision-making.

“Well done is better than well said.” “A right Heart exceeds all.” “What you seem to be, be really.”