A Quote by John Tyler

Wealth can only be accumulated by the earnings of industry and the savings of frugality.

John Tyler

Quote Topics

Earnings Frugality Industry Only Savings Wealth

Quote Author

John Tyler
American - President
March 29, 1790 - January 18, 1862

The way to wealth is as plain as the way to market. It depends chiefly on two words, industry and frugality: that is, waste neither time nor money, but make the best use of both. Without industry and frugality nothing will do, and with them everything.

Benjamin Franklin

When a man has accumulated a sum of money, accumulated it within the law, the Government has no right to share in its earnings.

John D. Rockefeller

The way to wealth depends on just two words, industry and frugality.

Benjamin Franklin

No man, however benevolent, liberal, and wise, can use a large fortune so that it will do half as much good in the world as it would if it were divided into moderate sums and in the hands of workmen who had earned it by industry and frugality. The piling up of estates often does great and conspicuous good.... But no man does with accumulated wealth so much good as the same amount would do in many hands.

Rutherford B. Hayes

Industry and frugality, as the means of procuring wealth . . . thereby [secures] virtue, it being more difficult for a man in want to act always honestly. . . .

Benjamin Franklin

My experience indicates that most people who've accumulated a great deal of wealth haven't had that as their goal at all. Wealth is only a by-product, not the original motivation.

Michael Milken

In short, the way to wealth, if you desire it, is as plain as the way to market. It depends chiefly on two works, industry and frugality.

Benjamin Franklin

If you can follow only one bit of data, follow the earnings - assuming the company in question has earnings. I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only a distraction.

Peter Lynch

In the same way the eminence attaching to the mere possession of great wealth disappoints us nine times out of ten, especially if the wealth has been accumulated rapidly. For great wealth is accumulated rapidly by cunning or chance, or a mixture of the two. Cunning has nothing to do with high qualities; it is rather a presumption against them; while chance has nothing to do with them either. Therefore it is that men are always complaining after meeting So-and-so, that he seemed to be astonishingly stupid, though he made a million in ten years and started as a pauper.

Hilaire Belloc

Righteousness, or justice, is, undoubtedly of all the virtues, the surest foundation on which to create and establish a new state. But there are two nobler virtues, industry and frugality, which tend more to increase the wealth, power and grandeur of the community, than all the others without them.

Benjamin Franklin

I admit that one should never underestimate the capacity of banks to destroy enormous amounts of accumulated capital and reduce, temporarily, the supply. After all, capital is the accumulated savings of mankind. And banks are great masters in destroying enormous amounts of capital with great regularity.