Although the Pound is slowly going away thanks to the Euro, this phrase still holds water.Â This phrase refers to those who exercise frugality and think deeply about small, everyday purchases but fail to plan for or properly handle larger ones, leaving their financial health in peril.Â It is all well and good to save some money here and there, but if you are not using the saved money to plan for bigger things to come, or doing what you can to save on bigger purchases, pound foolish are you.
A fool may earn money, but it takes a wise man to keep it.
I love this one.Â It seems like anyone can make money.Â It also seems like you hear people “crying poor” all too often.Â I’m not saying that these people are stupid, just that they do stupid things with the limited money they do have.Â Saving can be hard.Â That is why it may take a wise man to keep his money.
Too much prosperity makes most men fools.
This proverb could be read in a couple of ways: 1) The wealthier someone gets, the more foolish they become.Â I’m not sure If this translation is too literal, but I do not believe that wealth makes people dumber.Â Maybe lazier, but not dumber. 2) Success brings foolishness.Â I am probably over thinking this, but does prosperity and success make a man foolish?Â I’m not so sure about this one…
The rich get richer, the poor get poorer.
Ahh, a poor man’s anthem.Â Sure, having money does seem to make it easier to obtain more.Â Maybe when this proverb was first uttered, it was 100% true.Â In this day and age, it could not be more false.Â It is merely a lack of knowledge and motivation that makes someone poor. Nearly anyone in America, Canada, Europe and most other developed nations has every opportunity to earn more than enough money to live comfortably and prosper.Â I consider this one more of an excuse than a proverb.
Money is only good for a weekday, a holiday, and a rainy day.
I had to laugh when I read this for the first time, just a few days ago when researching this article.Â Â I’m not sure if it is meant to say that money is good anytime, or that it is only good for when you have the time to enjoy it.Â Anyone who can shed some light on this proverb please do so.Â It is slightly confusing to me.
The rich man plans for tomorrow, the poor man for today.
Do you “live in the moment”?Â When it comes to your money, this is a bad move.Â Simple and self-explanatory, but so prophetic.
When money speaks, the truth keeps silent.
Maybe money can not buy happiness, but according to this proverb, it can buy the ability to lie.Â This one is definitely true, and it is sad.Â Money can afford the luxury of the finest lawyers, which help the wealthy avoid the harshest of sentences.Â It can also purchase “quiet lips” that may otherwise voice truths that you are trying to keep from hitting the ears of certain individuals.Â Money can skew peoples morals.Â It often can speak through blackmail or bribes that can cloud the truth or change it entirely.
I’d like to live as a poor man with lots of money.
This proverb is priceless.Â It could mean so many different things to different people, which makes it even better!Â I imagine it as living frugally and surviving with only the things you need, but with a MONSTER emergency fund, just in case.Â Living as a poor man is the easy part, getting lots of money is slightly more difficult.Â The hardest part of this proverb is continuing the “poor man” lifestyle once you have become wealthier.
A fool and his money are soon parted.
Pretty simple and straight-forward proverb here.Â If you are well off and stupid, before long you will lose what money you have.Â It is all about intelligence.Â Those who can not take care of their money, figure out how to keep it and earn more will be parted with the money they once had.
Money is the root of all evil.
There is no doubt that money has the ability to corrupt.Â As for it being the root of ALL evil, I’m not so sure.Â Money has some great attributes, such as the ability to help us learn necessary life skills and it’s positive affect on our daily lives by purchasing items that make things easier for us.Â For every positive attribute, I believe that there is an equal and opposite negative factor about money that makes people consider it an evil entity.Â However you look at it, just the concept of money can help us all understand how humans see value in different places, people or items.
Please feel free to comment and tell me how badly I misread or misinterpreted these proverbs.Â Do not be afraid to lay into me about what an idiot I am when it comes to dissecting these proverbs.Â I look forward to your thoughts and opinions on these sayings.