A penny saved is a penny earned


      • financial advice
        Encouraging someone to save money in small amounts, as even a small amount can add up over time and contribute to one's overall savings and financial stability.

      • frugality
        Emphasizing the importance of being thrifty and not wasting money, as even a small amount saved is better than nothing at all.

      • wise spending
        Suggesting that it is better to save money and spend it wisely, rather than spend it recklessly and waste it.

    Examples of A penny saved is a penny earned

    • Sarah has been working hard to save money for her dream vacation. She knows that every penny counts, so she's been making small sacrifices in her daily expenses. By living frugally and avoiding unnecessary expenses, Sarah is able to earn more money through her savings.

      The idiom "a penny saved is a penny earned" means that saving money is just as valuable as earning money. By being thrifty and avoiding unnecessary expenses, you can accumulate a significant amount of savings over time. This idiom highlights the importance of being financially responsible and disciplined in managing your finances.


    The idiom "a penny saved is a penny earned" is often used to convey financial advice and promote the idea of frugality and wise spending. It emphasizes the importance of saving even small amounts of money, as they can add up over time and contribute to one's overall financial stability.

    Origin of "A penny saved is a penny earned"

    The origin of this idiom can be traced back to the 17th century, when it was first used by Benjamin Franklin in his book "Poor Richard's Almanack." Franklin, who was known for his wise sayings and financial advice, used this phrase to promote the idea of saving money and being thrifty. It is believed that he was inspired by the traditional proverb "a penny saved is a penny gained," which has a similar meaning.

    The idiom became popular and has been used in various forms and variations over the years. In the early 20th century, it was often used by banks and financial institutions in their advertisements to encourage people to save money. It also gained popularity during the Great Depression, when saving money became essential for many people's survival.

    Today, the idiom is still widely used and serves as a reminder to be financially responsible and to value the importance of saving money. It highlights the idea that every penny saved is a penny earned, and that being wise with money can lead to long-term financial stability and success.