Benjamin Franklin: Expensive Ignorance

Meaning of Benjamin Franklin Money Quote: saying ignorance can be far more costly than a simple education. Benjamin Franklin said:

 

 

“The only thing that is more expensive than education is ignorance” — Benjamin Franklin

Benjamin Franklin seems to be suggesting that lack of education or knowledge has greater long-term costs than obtaining an education. While getting an education requires time, effort and money up front, being ignorant or uneducated will lead to greater expenses and disadvantages over one’s lifetime.

Someone who is uneducated may earn less money in their career, have fewer opportunities, make poor or misinformed decisions, and require remedial education later on to overcome their ignorance.

So while education involves initial costs, Franklin is arguing that in the long run it saves money and resources compared to a life lived without sufficient education and knowledge. The benefits of education, both financial and otherwise, outweigh the price of gaining it.

Birthday: January 17, 1706 – Death: April 17, 1790

Benjamin Franklin: Money in Books

Meaning of Benjamin Franklin Money Quote: saying spending as much money as possible on books over time. Benjamin Franklin said:
 

 

“All the little money that ever came into my hands was ever laid out in books” — Benjamin Franklin

Benjamin Franklin is saying that whenever he had a small amount of money, he would spend it on books rather than other things. He believed that spending money on books was more worthwhile than other purchases.

The quote suggests that Franklin highly valued books and learning, and was willing to use even small sums of money to add to his collection of books and expand his knowledge. It shows that Franklin saw books as an important and worthwhile investment.

Birthday: January 17, 1706 – Death: April 17, 1790

Benjamin Franklin: Purse into Head

Meaning of Benjamin Franklin Money Quote: saying education and learning provide the best return on investment. Benjamin Franklin said:

 

 

“For the best return on your money, pour your purse into your head” — Benjamin Franklin

Benjamin Franklin was saying that education and learning provide the best return on investment. By “pouring your purse into your head”, he means spending money on gaining knowledge and skills through schooling, books, courses, etc.

Franklin believed that the money spent on improving one’s mind and abilities would be paid back over the long run through increased opportunities, higher income potential, and a richer life of continued learning. In other words, investing in one’s education and intellectual development is one of the smartest uses of money and resources according to Franklin.

Birthday: January 17, 1706 – Death: April 17, 1790

Benjamin Franklin: Borrow Some

Meaning of Benjamin Franklin Money Quote: saying to know what money is worth, ask someone to give you some. Benjamin Franklin said:
 

 

“If you would know the value of money, go and try to borrow some” — Benjamin Franklin

Benjamin Franklin’s quote suggests that the easiest way to understand how valuable money is, is to try borrowing some. When you need to borrow money, you experience the difficulties of not having enough funds and come to truly appreciate the worth of money.

Franklin is pointing out that it’s difficult to grasp the importance and usefulness of money until you find yourself in a position where you need to borrow it due to lacking your own. His quote encourages people to learn the true value of money by experiencing the challenge of borrowing it when in financial need.

Birthday: January 17, 1706 – Death: April 17, 1790

Benjamin Franklin: Multiplying Cares

Benjamin Franklin Money Quote saying an increase in wealth means more worry. Benjamin Franklin said:
 

 

“He who multiplies riches multiplies cares” — Benjamin Franklin

Benjamin Franklin is saying that gaining more wealth or riches often leads to having more worries and cares. As one accumulates more money and possessions, they take on more responsibilities to manage and protect those things.

Franklin is suggesting that gaining riches does not necessarily lead to greater happiness or less stress, as more worries will come along with having more wealth and material goods to look after. His quote advises that gaining riches may multiply one’s cares and burdens rather than simplify life.

Birthday: January 17, 1706 – Death: April 17, 1790

Benjamin Franklin: Little House Wife

Benjamin Franklin Money Quote saying a home, a garden and a spouse are true wealth. Benjamin Franklin said:
 

 

“A little House well fill’d, a little Field well till’d, and a little Wife well will’d, are great Riches” — Benjamin Franklin

Benjamin Franklin is saying in this quote that having the basic necessities of life – a home, land to grow food, and a happy family – can provide as much wealth and fulfillment as money or material possessions alone.

Franklin believed that true riches come from finding satisfaction and prosperity in simple domestic pleasures through hard work and mutual care within a family, rather than seeking an excess of worldly goods. The quote emphasizes that having one’s basic needs for shelter, sustenance and companionship met in a simple but fulfilling way is the true path to feeling wealthy.

Birthday: January 17, 1706 – Death: April 17, 1790

Benjamin Franklin: Purse Curse

Benjamin Franklin Money Quote saying limited cash means uncertainty and stress. Benjamin Franklin said:
 

 

“A light purse is a heavy curse” — Benjamin Franklin

Benjamin Franklin was saying that lacking money or living with very little financial resources can be quite burdensome and stressful. “A light purse” refers to not having much money, while “a heavy curse” suggests that poverty brings significant difficulties and hardship.

Franklin is pointing out that it is challenging to get by or feel secure when one does not have much wealth. His message is that having adequate financial means helps alleviate stress and open up opportunities, while lacking funds can weigh a person down considerably.

Birthday: January 17, 1706 – Death: April 17, 1790

Benjamin Franklin: Money is Credit

Benjamin Franklin Money Quote saying if you have access to credit, then you have access to money. Benjamin Franklin said:
 

 

“Remember that credit is money” — Benjamin Franklin

Benjamin Franklin is saying that having access to credit is essentially the same as having money available. His point is that if you have a good credit rating and the ability to borrow money through loans or lines of credit, then you have the potential to access and spend money even if you don’t have it in your bank account at that moment.

Franklin is emphasizing that credit allows you to obtain and use money in the present, even though you may not have it immediately on hand. So in summary, he is equating credit with having access to money through borrowing.

Birthday: January 17, 1706 – Death: April 17, 1790