Money saved is money earned
This famous idiom came from the popular Benjamin Franklin's book Poor Richard's Almanac in December 1732. The original meaning signifies importance of saving money which later proves to be beneficial to the earner. For as long as money has existed, people have had thoughts and opinions about it. Money is the fuel that powers the material life on this planet. The reason for the concept is described below: 1. Wise to save money by keeping aside a proportion of the earnings that indicates earning money. 2. Formulates the financial benefits of savings and earnings. 3. Reflects a concept of budgeting money which economically balances income and savings. 4. Saving money from certain earning gradually can accumulate to a good amount thus equalizing a monthly earning. 5. Saved money can be a retirement benefit which is an earning at that stage. Have a look on the ways that you can start better spending the money in order to reach your financial