Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 141
Samuel Smiles《Thrift》· Thrift · Investing
"In the living of the poor (as indeed of all of us) there are two things to be considered; how to get money, and how to spend it. Now, I believe, the experience of employers will bear me out in saying, that it is frequently found that the man with 20s. a week does not live more comfortably, or save more, than the man with 14s.,--the families of the two men being the same in number and general circumstances. It is probable that unless he have a good deal of prudence and thought, the man who gets at all more than the average of his class does not know what to do with it, or only finds in it a means superior to that which his fellows possess of satisfying his appetite for drinking."
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 141 · 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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