Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 58

Samuel Smiles《Thrift》· Thrift · Investing

Men must prepare in youth and in middle age the means of enjoying old age pleasantly and happily. There can be nothing more distressing than to see an old man who has spent the greater part of his life in well-paid-for-labour, reduced to the necessity of begging for bread, and relying entirely on the commiseration of his neighbours, or upon the bounty of strangers. Such a consideration as this should inspire men in early life with a determination to work and to save, for the benefit of themselves and their families in later years.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 58 · 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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