Sunday, June 3, 2018

A Penny Saved is a Penny Earned


by Alex

A penny saved is a penny earned means practically exactly what it says.  Every penny you put away, is a penny you have saved, and you can pile onto that penny with more pennies. The more pennies you have the more pennies you can save, and the more pennies you save, the more pennies you will have. A simpler way of putting this is every small amount builds onto savings. This being said, it is as important to put away the money you already have, than to earn more. In the words of a wise lad “a penny spar’d is twice got”. This saying means the same thing, if you save a penny, you are a penny up rather than a penny down. So, while you are saving, rather than your wealth declining, it is increasing. And so, the moral of this story is, save your money and you will have more money.
  
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