Benjamin Franklin on Little Expenses as Risk
on Monday, August 5, 2013Benjamin Franklin Money Quotation saying It’s the little things we don’t notice that add up to big problems for your bank account. Benjamin Franklin said:
“Beware of little expenses. A small leak will sink a great ship” — Benjamin Franklin
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Benjamin Franklin is advising to be wary of small, frequent expenses because they can add up and lead to bigger financial problems over time, just like a small leak that is left unaddressed can eventually sink an entire ship.
The quote means that small, everyday costs should still be paid attention to and not ignored, as they can collectively have major negative consequences if left unchecked. Franklin is encouraging people to watch their spending closely, no matter how minor any one expense may seem, to avoid facing large financial troubles down the road.
Birthday: January 17, 1706 – Death: April 17, 1790