Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 11

Samuel Smiles《Thrift》· Thrift · Investing

It is the savings of individuals which compose the wealth--in other words, the well-being--of every nation. On the other hand, it is the wastefulness of individuals which occasions the impoverishment of states. So that every thrifty person may be regarded as a public benefactor, and every thriftless person as a public enemy.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 11 · Verified:2026-10-19 · Verification:Short excerpt

Today's question

Does this passage change one judgment about money or risk today?

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