Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 490

Samuel Smiles《Thrift》· Thrift · Investing

But they must not _seem_ poor! They must hide their poverty by every effort. They spend their money before it is earned,--run into debt at the grocer's, the baker's, the milliner's, and the butcher's. They must entertain their fashionable "friends," at the expense of the shopkeepers. And yet, when misfortunes overtake them, and when their debts have become overwhelming, what becomes of the "friends"? They fly away, and shun the man who is up to his ears in debt!

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 490 · 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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