2006-08-04 08:57:41 · 7 answers · asked by bakbiter 3 in Education & Reference ➔ Quotations
Yeah! Of Course!
A penny invested may multiply; but a penny spent is lost for ever. You become one-penny-less!
When one's income is always limited it is not wise to lose pennies (money) Savings alone will guarentee one's comfortable future life in the rainy days. So, one need to put aside a part of what one earns.
A penny (money) saved go to afdd to your earnings. So a penny saved is a penny exrned.
A penny spent is a penny lost for ever!
A 'penny may be small in itself. But remember that little drops of water makes the mighty ocean.
Here 'a penny' is used for 'money' in general.
This saying is TRUE & Relevant as it is timeless! It will be true till the pennies are current & not counterfeit.
Clear now?
2006-08-04 12:38:21 · answer #1 · answered by Anonymous · 3⤊ 0⤋
No.
I think it goes like this.
Federal Government says you saved a penny? How?
Where did you keep this penny? In a bank drawing interest or did you hoarde it???? We have to tax you three pennies for every one saved.
2006-08-04 16:03:21 · answer #2 · answered by Biker 6 · 0⤊ 0⤋
Absolutely. I have been thrifty for many years and my sisters make fun of me, but I am the one with only a five-figure mortgage, with a college savings plan for each of my children, and money saved for a rainy (and not so rainy) day!
"Mind the pennies and the pounds will take care of themselves."
2006-08-04 16:06:42 · answer #3 · answered by DMBthatsme 5 · 0⤊ 0⤋
I don't think it still holds true. It costs more to make a penny now that its face value.
2006-08-04 19:26:42 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Yes! Better that saying than this saying, "pennies wise and pounds poor."
2006-08-04 18:14:35 · answer #5 · answered by Caffeinated 4 · 0⤊ 0⤋
yes even more today than ever nowadays people just throw pennies in the street or dont really care ,get my drift
2006-08-04 16:02:36 · answer #6 · answered by poochiesplace 3 · 0⤊ 0⤋
It certainly is. If you can be careful with the money you have you will get the best value from it.
2006-08-04 19:23:59 · answer #7 · answered by Anonymous · 0⤊ 0⤋