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A penny saved is a penny earned

  1. Money not spent is money that is in one's pocket.


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Idioms and Phrases

What one does not spend, one will have. This maxim for thrift is so familiar that it often appears in shortened form, as in Although they can afford to buy a house right now, they're putting it off, on the principle of “a penny saved.” It appeared in slightly different form in George Herbert's Outlandish Proverbs (1640). Whether or not it originally suggested that savings earn interest is not known.

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.

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