Browse 23 quotations connecting Benjamin Franklin with Money, with meanings, source notes and related themes.
Sources represented here include The Way to Wealth, Poor Richard’s Almanack, Information to Those Who Would Remove to America.
“Waste neither Time nor Money, but make the best Use of both.”
Franklin compresses practical discipline into stewardship of two limited resources: time and money.
Advice to a Young Tradesman, 21 July 1748; concluding advice on industry and frugality.
“America is the Land of Labour”
Franklin rejects European fantasies of effortless prosperity in eighteenth-century North America, emphasizing that newcomers should expect productive labor rather than automatic wealth or patronage.
Information to Those Who Would Remove to America, before March 1784; Founders Online. This is historical emigration advice written for Europeans and is not a claim about present-day U.S. labor or immigration conditions.
“he must work and be industrious to live.”
Franklin tells prospective emigrants without inherited wealth that livelihood would depend on work and industry, directly countering expectations of effortless advancement after arrival.
Information to Those Who Would Remove to America, before March 1784; Founders Online. The lowercase opening is retained because this is a clause from Franklin’s longer sentence about strangers, law, liberty and industry.
“every one will enjoy securely the Profits of his Industry.”
Franklin presents secure enjoyment of earned returns as one advantage he associated with laws and liberty in the North America of his period.
Information to Those Who Would Remove to America, before March 1784; Founders Online. The statement is eighteenth-century description and advocacy, not modern financial, employment or immigration guidance.
“Drive thy business, or it will drive thee.”
Work becomes harder to control when it is left unmanaged; the maxim favors deliberate direction, priorities, and active stewardship over reactive pressure.
Poor Richard’s Almanack; a compact maxim about managing work before accumulated demands begin managing you.
“Keep thy shop, and thy shop will keep thee.”
Attending steadily to the basic work of an enterprise is presented as the foundation of the livelihood it is meant to support.
Poor Richard’s Almanack.
“Creditors have better memories than debtors.”
Debt can feel less urgent to the borrower than to the person awaiting repayment, making the line a dry reminder about financial obligations and accountability.
Poor Richard’s Almanack for 1736; Franklin uses a short contrast to emphasize the persistence of financial obligations.
“Early to bed and early to rise, makes a man healthy, wealthy, and wise.”
The proverb links routine and self-discipline with health, productivity, and practical judgment.
Poor Richard’s Almanack; proverb on routine, work and practical discipline.
“Lying rides upon Debt’s back.”
The compact maxim warns that unpaid obligations can create incentives for evasion, delay, or false promises when payment becomes difficult.
The Way to Wealth, debt-and-credit section; Project Gutenberg #43855. The line immediately reinforces Franklin’s warning about debt and truthfulness.
“He that hath a trade hath an estate.”
A useful skill or trade is treated as a durable asset because it can keep producing value even when stored wealth is limited.
The Way to Wealth, where Father Abraham repeats maxims associated with Poor Richard.
“At a great pennyworth pause a while.”
An unusually cheap offer deserves scrutiny because apparent savings can still produce a bad purchase when the buyer has no real need for it.
The Way to Wealth, frugality section; Project Gutenberg #43855. The maxim introduces Franklin’s distinction between apparent cheapness and genuine value.
“Ere fancy you consult, consult your purse.”
Desired appearance should be tested against actual means before spending, placing affordability ahead of fashion or social comparison.
The Way to Wealth, frugality section; Project Gutenberg #43855. The line appears in a short verse warning against pride-driven spending on dress.
“Many have been ruined by buying good pennyworths.”
A low price does not make a purchase beneficial when the item is unnecessary or when buying it leaves too little for more important needs.
The Way to Wealth, frugality section; Project Gutenberg #43855. “Pennyworth” refers to an apparent bargain and the warning is about false economy.
“Industry pays debts, while despair increaseth them.”
Franklin contrasts productive effort with passive discouragement, presenting earned income and continued work as practical ways to reduce obligations.
The Way to Wealth / Poor Richard Improved, industry section; represented by Project Gutenberg #43855. Father Abraham is compiling maxims from Franklin’s earlier Almanacks.
“The second vice is lying, the first is running in debt.”
Franklin links avoidable debt with later pressure to make excuses or break promises, presenting financial obligation as a potential test of honesty.
The Way to Wealth, debt-and-credit section; Project Gutenberg #43855. This is eighteenth-century moral rhetoric and should not be read as a judgment that indebted people are inherently dishonest.
“It is foolish to lay out money in a purchase of repentance.”
Money spent on an unnecessary bargain can create regret rather than value, making restraint part of good purchasing judgment.
The Way to Wealth, frugality section; Project Gutenberg #43855. Father Abraham uses the maxim while warning auction buyers against purchases made only because they seem cheap.
“Beware of little expenses; a small leak will sink a great ship.”
Small recurring costs can matter more than they appear individually, so careful attention to minor spending is part of long-term financial discipline.
The Way to Wealth; Father Abraham repeats the Poor Richard maxim while warning about small but cumulative expenses.
“If you would be wealthy, think of saving as well as of getting.”
Income alone does not create financial security; keeping part of what is earned is presented as a necessary companion to earning it.
The Way to Wealth, Franklin’s compilation of Poor Richard maxims.
“Beware of little expences; A small leak will sink a great ship.”
Small recurring expenses can become significant when repeated, so minor purchases deserve attention when they steadily erode a limited budget.
The Way to Wealth, frugality section; Project Gutenberg #43855 preserves the historical spelling “expences.” The ship image is one of the Poor Richard maxims quoted by Father Abraham.
“If you would know the value of money, go and try to borrow some.”
Borrowing makes the cost and scarcity of money concrete, turning an abstract idea of value into an immediate obligation.
The Way to Wealth, in Franklin’s discussion of debt and credit.
“A ploughman on his legs is higher than a gentleman on his knees.”
Financial independence earned through ordinary work is valued above status maintained through borrowing, dependence, or costly appearance.
The Way to Wealth, frugality section; Project Gutenberg #43855. Father Abraham contrasts industrious people with those reduced to borrowing by extravagance.
“Buy what thou hast no need of, and ere long thou shalt sell thy necessaries.”
Unnecessary consumption can eventually threaten necessary resources, making restraint a practical part of financial independence.
The Way to Wealth, section III, frugality discussion, Project Gutenberg #43855. Father Abraham repeats the Poor Richard maxim “Buy what thou hast no need of, and ere long thou shalt sell thy necessaries” while warning auction-goers that an apparent bargain can become dear when the purchase is unnecessary. The persona and eighteenth-century moral-financial context remain explicit; this is not individualized financial advice.
“Always taking out of the meal-tub, and never putting in, soon comes to the bottom.”
Resources decline when withdrawals are not matched by replenishment, turning a household image into a warning about spending down finite savings.
The Way to Wealth, frugality section; Project Gutenberg #43855. The meal-tub is Franklin’s domestic metaphor for continual consumption without replacement.
