a penny saved is a penny earned - Definition & Meaning

used to imply that saving money is just as valuable as earning money, as both contribute to increasing one's overall wealthused to imply that saving money is just as valuable as earning money, as both contribute to increasing one's overall wealth

The proverb "a penny saved is a penny earned" is commonly attributed to Benjamin Franklin, who included it in his writings in the 18th century. The saying reflects the idea that careful management and saving of money contribute just as much to wealth building as earning income does. It serves as a reminder that small, consistent savings can add up over time, and that being economical is a key element of financial success.The proverb "a penny saved is a penny earned" is commonly attributed to Benjamin Franklin, who included it in his writings in the 18th century. The saying reflects the idea that careful management and saving of money contribute just as much to wealth building as earning income does. It serves as a reminder that small, consistent savings can add up over time, and that being economical is a key element of financial success.

Examples