This video revisits how Benjamin Franklin, one of the founding fathers of the United States, helped shape the way we think about personal finance.
While Franklin is widely known for his role in American history and for appearing on the U.S. currency, the video highlights a lesser-known part of his legacy. He published Poor Richard's Almanack under writing name Richard Saunders. One version included a short article titled "Hints to Those Who Would Be Rich."
The video points out that this essay is considered one of the earliest references to personal finance ideas.
It also discusses a phrase that may sound unusual now, but eventually became the well-known and widely repeated saying about money and savings: "A penny saved is a penny earned."
As shown in a video, a single line from an old compilation evolved into one of the most enduring and widely quoted expressions about conserving money.