“If a workman can conveniently spare those three halfpence, he buys a pot of porter. If he cannot, he contents himself with a pint, and, as a penny saved is a penny got, he thus gains a farthing by his temperance.”
Source: (1776), Book V, Chapter II, Part II, Article IV, p. 951.
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Adam Smith 175
Scottish moral philosopher and political economist 1723–1790Related quotes

The History of the Worthies of England (1662) ; Worthies of Huntingtonshire – John Yong.

“… a penny saved is better than a penny earned.”
The Duty of a Husband and Wife (17 March 1539), No. 4408. LW 54:337 http://books.google.com/books?id=zsbXAAAAMAAJ&q=%22penny+saved+is+better+than+a+penny+earned%22&dq=%22penny+saved+is+better+than+a+penny+earned%22&lr=
Table Talk (1569)

“He who jumps for the moon and gets it not leaps higher than he who stoops for a penny in the mud.”
Source: The Merry Adventures of Robin Hood
“This I did to prevent expences, for … a penny sav'd, is a penny got.”
The Canterbury Guests: or, a bargain broken (1695), Act II, scene iv.
“With one hand he put
A penny in the urn of poverty,
And with the other took a shilling out.”
Book viii, line 632.
The Course of Time (published 1827)

Source: 1806 journal entry on the acquittal of Lord Melville for misappropriation of public funds, as quoted in Stuart J. Reid, Lord John Russell (1895), p.9