Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 86
Samuel Smiles《Thrift》· Thrift · Investing
And yet Mr. Denison clearly saw that if the people were sufficiently educated, and taught to practise the virtue of Thrift, much of this misery might be prevented. "The people," he elsewhere says, "_create_ their destitution and their disease. Probably there are hardly any of the most needy who, if they had been only moderately frugal and provident, could not have placed themselves in a position to tide over the occasional months of want of work, or of sickness, which there always must be.... I do not underrate the difficulty of laying by out of weekly earnings, but I say it _can_ be done. A dock-labourer, while a young, strong, unmarried man, could lay by half his weekly wages, and such men are almost sure of constant employment."
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 86 · Verified:2026-10-19 · Verification:Short excerpt
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Does this passage change one judgment about money or risk today?
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