Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 78

Samuel Smiles《Thrift》· Thrift · Investing

In making the preceding observations we do not in the least advocate the formation of miserly, penurious habits; for we hate the scrub, the screw, the miser. All that we contend for is, that man should provide for the future,--that they should provide during good times for the bad times which almost invariably follow them,--that they should lay by a store of savings as a breakwater against want, and make sure of a little fund which may maintain them in old age, secure their self-respect, and add to their personal comfort and social well-being. Thrift is not in any way connected with avarice, usury, greed, or selfishness. It is, in fact, the very reverse of these disgusting dispositions.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 78 · 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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