The Quotation IndexThe trusted reference for quotations and the sources behind them
Tag Tag Frugality
He that is rich need not live sparingly, and he that can live sparingly, need not be rich.
Benjamin Franklin Poor Richard’s Almanack · 1732-1758

Quotes

“In short, the Way to Wealth, if you desire it, is as plain as the Way to Market. It depends chiefly on two Words, Industry and Frugality; i.e. Waste neither Time nor Money, but make the best Use of both. He that gets all he can honestly, and saves all he gets (necessary Expences excepted) will certainly become Rich.”

Benjamin Franklin · Advice to a Young Tradesman, 1748 · Primary source

“Never buy a what you do not want, because it is cheap; it will be dear to you.”

Thomas Jefferson · Letter to Thomas Jefferson Smith, 1825 · Primary source

“If you want to be wealthy, think of saving as well as of earning.”

Benjamin Franklin · The Way to Wealth, 1758 · Primary source

“Silk and satins and scarlets and velvets put out the kitchen fire.”

Benjamin Franklin · The Way to Wealth, 1758 · Primary source

“A penny saved is a penny earned.”

Benjamin Franklin · No reliable source

Works

Benjamin Franklin · 1748
Advice to a Young Tradesman

Practical advice to young tradesmen on time, credit, debt, bookkeeping, industry, frugality, and maintaining a reputation for financial reliability.

Read summary·Explore 2 quotes
Benjamin Franklin · 1758
The Way to Wealth

A practical essay on building financial security through industry, frugality, careful use of time, saving, and avoidance of unnecessary debt.

Read summary·Explore 7 quotes

Related Tags

Wealth 13 Thrift 10 Spending 7 Material needs 2 Industry 17 Saving 9 Time management 8 Earning 1 Financial discipline 7 Luxury spending 1 Consumption 5 Necessities 1 Household finances 1 Money 6 Value 4 Consumer judgement 1 Financial restraint 1 Time is money 1 Credit 2 Debt 15 Time 20