Ben Franklin

Ben Franklin

One of history’s most brilliant thinkers, Franklin is known mostly for his inventions and his achievements in politics. He is also well-known for a very famous frugal saying: “A penny saved is a penny earned.” Franklin came from very modest beginnings and began his adult life with very little in terms of money. But as we know, he grew to be one of history’s most famous and influential figures. Take a look at this simple but important advice from Franklin.

"Beware of little expenses; a small leak will sink a great ship."

How very true this is. Debt starts off small, but it grows and grows until it is somehow unmanageable and impossible to determine where it began. Little things add up, so every penny saved really does count. A real life example of this is something we’ve talked about on Tip Hero many times. A $2 coffee purchased every day doesn’t seem like a big deal daily, but over time, that money really adds up. Think of little, unnecessary purchases as small leaks and that great ship as your financial future.