Wednesday, July 11, 2007

The Way to Wealth

I recently read Benjamin Franklin's The Way to Wealth, a short-and-sweet collection of his Poor Richard proverbs.

Franklin advises how to become wealthy:

Industry
"Laziness travels so slowly that Poverty soon overtakes him."
"Early to bed, and early to rise, makes a man healthy, wealthy, and wise."
"Since thou art not sure of a Minute, throw not away an Hour."

Frugality
"If you would be wealthy, think of Saving as well as Getting."
"Beware of little expenses; a small leak will sink a great ship."
"Buy what thou hast no need of, and ere long thou shalt sell thy Necessaries."
"'Tis easier to suppress the first Desire, than to satisfy all that follow it."

In conclusion:
"Experience keeps a dear school, but fools will learn in no other, and scarce in that."
"We may give advice, but we cannot give conduct."
"If you will not hear Reason, she'll surely rap your knuckles."

"This Doctrine, my Friends, is Reason and Wisdom; but after all, do not depend too much upon your own Industry, and Frugality, and Prudence, though excellent Things, for they may all be blasted without the Blessing of Heaven; and therefore ask that Blessing humbly, and be not uncharitable to those that at present seem to want it, but comfort and help them. Remember Job suffered, and was afterwards prosperous."

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