Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 76
Samuel Smiles《Thrift》· Thrift · Investing
If this apparent prosperity be closely examined, it will be found that expenditure is increasing in all directions. There are demands for higher wages; and the higher wages, when obtained, are spent as soon as earned. Intemperate habits are formed, and, once formed, the habit of intemperance continues. Increased wages, instead of being saved, are for the most part spent in drink.
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 76 · 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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