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Remember this saying, The good payer is lord of another…

“Remember this saying, The good payer is lord of another man's purse. He that is known to pay punctually and exactly to the time he promises, may at any time, and on any occasion, raise all the money his friends can spare.” quote by Benjamin Franklin
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“Remember this saying, The good payer is lord of another man's purse. He that is known to pay punctually and exactly to the time he promises, may at any time, and on any occasion, raise all the money his friends can spare.”

Benjamin Franklin

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

A person who pays on time and in full earns trust and can later borrow more money from friends.

In simple terms: Timely payment builds credit and trust.

Key Takeaway

Pay on time to gain borrowing power.

Themes

trust finance reputation

Mood

confident pragmatic

Type

advice financial

When to use this quote

  • business deals
  • personal loans
  • friendship
  • contract negotiations

Key Concepts

creditworthiness social capital

Questions to Reflect On

  • How does punctuality affect your financial relationships?
  • What are the risks of relying on reputation alone?
A Different Perspective

If you lack funds, punctual payment alone may not secure loans.

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