Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 360
Samuel Smiles《Thrift》· Thrift · Investing
The effecting of a life assurance by a working man, for the benefit of his wife and children, is an eminently unselfish act. It is a moral as well as a religious transaction. It is "providing for those of his own household." It is taking the right step towards securing the independence of his family, after he, the bread-winner, has been called away. This right investment of _the pennies_ is the best proof of practical virtue, and of the honest forethought and integrity of a true man.
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 360 · 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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