Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 59
Samuel Smiles《Thrift》· Thrift · Investing
It is, in fact, in youth that economy should be practised, and in old age that men should dispense liberally, provided they do not exceed their income. The young man has a long future before him, during which he may exercise the principles of economy; whilst the other is reaching the end of his career, and can carry nothing out of the world with him.
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 59 · 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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