Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 354

Samuel Smiles《Thrift》· Thrift · Investing

Take up a prospectus and tables of a Provident Society, intended for the use of those classes who have a penny a day to spend,--that is, nearly all the working classes of the country. It is not necessary to specify any particular society, because the best all proceed upon the same data,--the results of extensive observations and experience of health and sickness;--and their tables of rates, certified by public actuaries, are very nearly the same. Now, looking at the tables of these Life and Sickness Assurance Societies, let us see what a penny a day can do.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 354 · 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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