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True economy consists in always making the income exceed the out-go.
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“True economy consists in always making the income exceed the out-go.”

P. T. Barnum

Source
The Art of Money Getting
Date
1880
Meaning

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.

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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.

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