Pearls for this Season (1)

The year 2016 has since kicked off, and some of us may have abandoned, or forgotten our new year goals🙈, especially the ones that have to do with money. Right in the midst of February, where many of us are still trying to recover from our spending during the festivities, and at the same time wondering what we will do for money, I have made a collection of quotes from Benjamin Franklin worth pondering on. I know you’ll find this post worth reading and hopefully, share it with friends.

Here are four of my favorite pearls from Franklin, and what you can do with them.
6881508144_3a4dd3c74a_b1. “A penny saved is a penny earned.”
While this quote by Benjamin Franklin may not always be accurate (considering that a penny saved can be worth more than a penny earned, if you have to pay taxes on your income), it is most famous and with good reason. His point is clear:

  • Lesson: Saving money is the beginning of wealth building and financial success.
  • Action: Put your savings away before you even spend anything from your income


man_reading2. “An investment in knowledge pays the best interest.”
Investing in yourself will certainly pay dividends you could never have expected. Success is not only a result of hard work, but also of diligent study.
  • Lesson: Keep learning.
  • Action: If you have a chance to take a class or further your education this year, go for it.


“He that is of the opinion money will do everything may well be suspected of doing everything for money.”
Hmmm, it is necessary to earn money and to grow the money; It is also very important to be prudent. However, money is not an ultimate source of happiness and should not even be regarded as such; Greed is a murderer, many people have had their hard-earned income wiped out by risky investments that promise impossible returns.

  • Lesson: Take charge of your money; it should not be in charge of you.
  • Action: Calmly reconsider your money choices, make sure they are guided by knowledge, reason and take only calculated risks.


4.16252881-Man-sleeping-on-the-table-with-a-empty-plate-Stock-Photo “Rather go to bed without dinner than to rise in debt.”
It’s so easy to say “borrow me, I’ll give you back” but before you say that, think up ways to reduce how much you spend on transport, food or entertainment.
“Someone gave Ify a gift of N100,000 just when she needed it; she had to sort out some unexpected medical expenses that amounted to N50,000. She figured she could take N20,000 out of it to buy new clothes and effects for her baby who has outgrown most of his clothes. She had paid her Tithe of N10,000 and would have N20,000 left for upkeep. However, she remembered that Bola borrowed her N30,000 the previous month to complete payment for her professional exam..”
Think about this for a minute, you will see that Ify would have been better off if she didn’t take a loan from Bola. As it is, she may take another loan to sort out her current situation🙆. However, it is easier to cut back on your spending than to rise in debt.
I’ll leave you with something Benjamin said well: “Money has never made man happy, nor will it, there is nothing in its nature to produce happiness. The more of it one has, the more one wants.”
So, what do you think☺? Do you agree with Benjamin, or do you think he could have said some things in a better way?



Tolu Michaels

Tolu devotes her life to helping people live truly, connect deeply and love freely. She shares the essentials of the Christian faith in everyday language and has been a speaker at many youth gatherings and discussion groups, encouraging young people to take a stand for the Lord in spite of today’s culture. Tolu serves as the Ministry Director of Godlovers Fellowship and has been featured on Kingdom Times and Lifegiva.

Comments ( 2 )
  1. Okey
    February 22, 2016 at 9:51 am

    This is so true
    Brilliant work.
    Thanks Tolu Kumuyi

    • ToluKumuyi
      February 29, 2016 at 6:44 am

      Thank you Okey, hope you have a splendid year, achieving your money goals

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