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it means that if you don't need to buy it then it will benifit you better to not buy it and save your money

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Wiki User

12y ago
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Wiki User

14y ago

This saying means that you can gain the same by saving a certain amount as you would

gain by earning that amount. For example if you are paying $500 a month for rent and

you move to a place that rents for $450, then it is just as if you got a raise of $50.

( Due to income tax, a penny saved is actually something like 1.25 cents earned,

since there is no tax on saving. )

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Wiki User

10y ago

The origin of this phrase is from "Poor Richard's Proverbs." It was written by Benjamin Franklin under the pseudonym Richard Saunders.

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Wiki User

13y ago

when you save something for a good reason or cause you might earn something for it

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Wiki User

13y ago

You save money you get money.

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Kevin Cassidy

Lvl 1
3y ago
good

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Wiki User

15y ago

Benjamin Franklin

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14y ago

Ben Franklin

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Wiki User

12y ago

DIBHV

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Q: Who wrote a penny saved is a penny earned?
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Related questions

A penny saved ia a penny wasted?

No, "A penny saved is a penny earned".


How can you use a penny saved is a penny earned in the sentence?

A Penny saved is a penny earned, as you would not have it any other way


What does a penny saved a penny earned mean?

A penny earned is a penny saved means the money you save (and you don't spend) then it is earned. Because you don't waste it so it's practically saved.


Is a penny lost really a penny saved?

A penny saved is a penny earned is an old saying coined by Benjamin Franklin. It refers to the value of the money that is saved over the money that is spent right away.


What finishes the proverb a penny saved?

...is a penny earned.


Can you provide an an example story for the proverb a penny saved is a penny earned?

When one saves a penny by purchasing a $1.00 item for $.99 the penny saved is earned because you put forth effort to save the penny. Contrary to the belief that a penny placed in a savings bank is earned. A penny placed in savings was earned prior to it being saved.


Is A penny earned is a penny gained?

YES, Ben Franklin originally quoted "A penny saved is a penny earned"


What historical figure is known for A penny saved is a penny earned?

Rockefeller


What is one of Benjiman Franklins quotes?

"A penny saved is a penny earned."


Did Benjamin Franklin have a famous speech?

a penny saved a penny earned


Should you keep a penny?

Sure, like they say,"A penny saved is a penny earned."


Who was the first person to say a penny saved is a penny earned?

Benjamin Franklin