STOLEN FROM BOOKS
Idea Nº 05

A crowd heard how to get rich. Then they did this.

From The Way to Wealth, by Benjamin Franklin (1758)

  1. Watch 50 s
  2. Try it 1 min
  3. Do it this week

The idea

Knowing how to get rich is easy, but doing it is the hard half: small, everyday spending leaks your money away like a hole in a ship.

Try it now · Find your leak

Coffee costs you $1,040 a year.That is $10,400 in ten years. Or 57 books.

Your move this week

Tick them off. This page remembers. See all my moves

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Read the story 1 minute

This speech should have made a whole crowd rich. Watch what they did with it.

1758. People wait outside an auction, money in their pockets.

An old man, Father Abraham, stands up and starts preaching.

Work hard, he says. But earning is only half the game.

Watch the small spending. Tea. Treats. Fancy clothes.

"A small leak will sink a great ship."

Don't buy what you don't need, or one day you'll sell what you do need.

The crowd loves it. They nod. They agree with every word.

Then the auction doors open.

And they buy everything.

Franklin wrote it himself: they loved the advice, and did the exact opposite.

Knowing is easy. Doing is the hard half.

This week: write down every small thing you buy. Find your biggest leak. Plug it.

Source: The Way to Wealth, by Benjamin Franklin (1758).

The Way to WealthGet the book