Edmund Burke: All Riches Have Limits
on Thursday, October 13, 2016Edmund Burke Money Quote saying that being frugal is based on the concept that wealth should be preserved rather than wasted. Edmund Burke said:
“Frugality is founded on the principle that all riches have limits” — Edmund Burke
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In this quote, Edmund Burke is highlighting how the principle of frugality stems from recognizing natural limits on wealth and resources. By acknowledging that riches are finite, it encourages wise stewardship and moderation in spending rather than wasteful excess. Burke suggests that being frugal means living within one’s financial means since money and possessions cannot grow indefinitely.
The quote conveys the idea that frugality accepts the reality of limited riches in the world, in contrast to the mentality that wealth is unlimited and can be carelessly spent without regard to constraints. Overall, Burke views frugality as a practical philosophy that flows from understanding wealth’s inherent boundaries.
Birthday: January 12, 1729 – Death: July 9, 1797