Quotes

“A penny saved is a penny earned.”

— Benjamin Franklin

Perhaps Mr. Franklin should have added “unless you decide to invest it in the stock market!”. That being said, there is a lot of truth to this statement. In a society where most people are living paycheck to paycheck, and even spending more than they earn, we could learn a lot by just stashing some money away.

There is a movement towards being more frugal in today’s society, as well as being more socially and environmentally aware. Personally, I think that if America became a society of savers instead of spenders, our economy and country would be on much better footing and moving in the right direction.

Instead, we are bailing out everyone who made fundamental mistakes in the first place. We are considering sending out an additional “stimulus package” and encouraging people to spend in order to boost our economy. I don’t see this as a long term solution. Would you agree or disagree?

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