A penny saved is a penny earned


Money not spent is money that is in one's pocket.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Other Idioms and Phrases with A penny saved is a penny earned

A penny saved is a penny earned

What one does not spend, one will have. This maxim for thrift is so familiar that it often appears in shortened form, as in Although they can afford to buy a house right now, they're putting it off, on the principle of “a penny saved.” It appeared in slightly different form in George Herbert's Outlandish Proverbs (1640). Whether or not it originally suggested that savings earn interest is not known.

The American Heritage® Idioms Dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.