Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 6
Samuel Smiles《Thrift》· Thrift · Investing
Every man is bound to do what he can to elevate his social state, and to secure his independence. For this purpose he must spare from his means in order to be independent in his condition. Industry enables men to earn their living; it should also enable them to learn to live. Independence can only be established by the exercise of forethought, prudence, frugality, and self-denial. To be just as well as generous, men must deny themselves. The essence of generosity is self-sacrifice.
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 6 · 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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