In 1758, Benjamin Franklin, the original blogger, wrote an essay called The Way To Wealth.  The essay is basically a collection of advice and adages from 25 years of Franklin’s Poor Richard’s Almanac.

I’m presenting it here because most of what Franklin said in 1758 is still applicable today. Especially the themes of hard work and frugality.

Here are some notable quotes:

  • “Beware of little expenses; a small leak will sink a great ship”
  • “Gain may be temporary and uncertain, but ever while you live, expense is
    constant and certain”.
  • “Sloth makes all things difficult, but industry all easy”.

Here is a text version of The Way To Wealth =>: https://liberalarts.utexas.edu/coretexts/_files/resources/texts/1758%20Franklin%20Wealth.pdf

At six pages long it is a short and helpful read.

For more of our great articles, read these:

Spyro Contogouris, The Story of A Hedge Fund Hitman

Ten Factors Affecting Your Wealth

Building Wealth On $600 Per Month

 

Avatar photo

James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.


This entry was posted in Finance 101 and tagged , , , , by James Hendrickson. Bookmark the permalink.

Avatar photo About James Hendrickson

James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

Couples Finance

Blogs You Should Read

Companies Supporting The DINKS

Please consider visiting our gracious supporters:

Get an education with the Online Certificate Programs at Washington Tech