Thomas Huxley on Economy of Spending
on Tuesday, October 7, 2014Thomas Huxley Money Quotation saying being a miser is very different from being discerning in spending, rather than hoarding. Thomas Huxley said:
“Economy does not lie in sparing money, but in spending it wisely” — Thomas Huxley
In this quote, British biologist Thomas Huxley seems to be arguing that true “economy” or thriftiness is not about minimizing spending or being miserly with money. Rather, he suggests that economy lies in ensuring money is spent carefully and wisely. Huxley appears to believe the key is getting value from expenditures, not avoiding costs altogether.
The quote conveys Huxley’s view that the most economical approach is to spend money on important priorities, needs, and quality goods/services, rather than attempting to reduce spending to the bare minimum without regard for how effectively the money is used.
He suggests the goal should be maximizing benefits and returns from financial resources through prudent decision-making, not rigid cost-cutting alone.