Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 41
Samuel Smiles《Thrift》· Thrift · Investing
Society at present suffers far more from waste of money than from want of money. It is easier to make money than to know how to spend it. It is not what a man gets that constitutes his wealth, but his manner of spending and economizing. And when a man obtains by his labour more than enough for his personal and family wants, and can lay by a little store of savings besides, he unquestionably possesses the elements of social well-being. The savings may amount to little, but they may be sufficient to make him independent.
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 41 · 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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