“True economy consists in always making the income exceed the out-go.”
- Source
- The Art of Money Getting
- Date
- 1880
Meaning of “True economy consists in always making the income…”
Barnum defines practical economy through a durable margin between income and spending rather than through isolated acts of penny-pinching.
Where does it come from?
The Art of Money Getting, unheaded opening economy discussion before the first formal contents section, Project Gutenberg #8581. “True economy consists in always making the income exceed the out-go” follows Barnum’s contrast between real economy and penny-wise meanness and leads into his margin-of-income example. The queue parser’s inherited “rule i” hint is not a printed heading in this witness. This remains nineteenth-century conduct-of-life and financial rhetoric, not individualized financial planning or a guaranteed savings rule.