Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 289

Samuel Smiles《Thrift》· Thrift · Investing

"Some save for their rent," said Mr. Queckett, "others for clothes and apprenticing their children; and various are the little objects to which the savings are to be applied. Every repayment passes through my own hands, which gives an opportunity of hearing of sickness, or sorrow, or any other cause which compels the withdrawal of the little fund. It is, besides, a feeder to the larger savings banks, to which many are turned over when the weekly payments tendered exceed the usual sum. Many of those who could at first scarcely advance beyond a penny a week, can now deposit a silver coin of some kind."

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 289 · 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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