← Back to collection
Region: US | Usage example: She set aside a portion of every paycheck because a penny saved is a penny earned.

A penny saved is a penny earned

Meaning

Being frugal today can grow future wealth.

Usage

Used to praise saving instead of spending impulsively.

Origin & History

Origins and dates here are approximate summaries. Many idioms have disputed or unknown origins, and not every date has been checked against a historical dictionary, so treat specific dates and stories as a starting point rather than a citation.

Often credited to Benjamin Franklin, but older versions exist; George Herbert wrote 'A penny sav'd is a penny got' in 1633.

Franklin popularised a version in Poor Richard's Almanack, and the 'earned' wording came later.

Related Idioms

Penny for your thoughts

A lighthearted invitation to share what someone is thinking.

Cost a pretty penny

Be quite expensive.

Saved by the bell

Rescued at the last moment.

More Idioms

Break the ice

To do or say something to relieve tension or get conversation going in a social situation.

Cut to the chase

Skip ahead to the most important or exciting part of something.

The ball is in your court

It is now your turn to take action or make a decision.

Throw in the towel

To concede defeat or admit a struggle isn't worth continuing.