Friday, November 16, 2012

How Saving $2.75 a Day Can Change Your Life, or a Modern Version of Franklin's "A Way to Wealth."

In writing and publishing Poor Richard's Almanac and "The Way to Wealth," Franking introduced the American "common man" to refining the virtues of industry, frugality  and saving.  Yesterday, a modern example of the same rhetoric crossed my inbox.  Follow the link to find a discussion of just how much you pay to borrow $1000, and how rich you can become by saving only $2.75 a day over time.

http://lifehacker.com/5960927/how-saving-275-a-day-can-change-your-life

It's good advice, but--as Farther Abraham says in "The Way to Wealth," I wonder how many will follow the advice.  In any event, it is advice that will greatly profit you and a path to wealth which is within the capability of many college students.

Finally, the article is a point of proof that self-help and the notion of the individual using reason and self-discipline to improve their life did not end with the Enlightenment and the Romantics.  The tradition remains a daily aspect of American culture, and it had its roots in the Founder's generation and--especially--Franklin.

Steve

No comments:

Post a Comment