Brigham Young: Get Rich Save

Posted by admin on Sunday, January 6, 2019

Brigham Young Money Quote saying in order to gain wealth, you must save what you get. Anyone can earn, but to get rich, you must save what you get. Brigham Young said:
 

 

“If you wish to get rich, save what you get. A fool can earn money; but it takes a wise man to save and dispose of it to his own advantage” — Brigham Young

 

In this quote, Brigham Young is offering advice on how to become wealthy through wise financial management and restraint. Some key points:

• He acknowledges that even foolish or unwise people can earn money, through jobs, businesses, windfalls, etc.
• However, Young says true wealth accumulation requires more – specifically “saving what you get” by not spending all your earnings immediately and living within your means.
• It also takes wisdom to properly “dispose of” savings, implying carefully choosing how to invest, donate or otherwise utilize extra funds productively for long-term gain.
• Young suggests merely earning an income is not enough for prosperity – it requires prudence, discipline and strategy to grow wealth over time by saving portions of what you receive and strategizing how to put savings to their best use.

Overall, the quote conveys Young’s view that while income generation may not reflect intelligence, becoming truly rich demands the financial wisdom to budget, save and strategically manage funds for maximum benefit – in other words, it is as much about retaining and utilizing money smartly as initially obtaining it.

Birthday: June 1, 1801 – Death: August 29, 1877