--- title: "Meaning & Key Takeaway of: Savings, remember, is the prerequisite of…" description: "\"“Savings, remember, is the prerequisite of investment.”\" — Campbell McConnell" image: "https://sms4smile.com/quotes/i/cac/campbell-mcconnell-87792_economics_savings-remember-is-the-prerequisite-of_1728512.jpg" --- # Savings, remember, is the prerequisite of investment. ![“Savings, remember, is the prerequisite of investment.” quote by Campbell McConnell](https://sms4smile.com/quotes/i/cac/campbell-mcconnell-87792_economics_savings-remember-is-the-prerequisite-of_1728512.jpg) [Download](https://sms4smile.com/quotes/i/cac/campbell-mcconnell-87792_economics_savings-remember-is-the-prerequisite-of_1728512.jpg) [Open image](https://sms4smile.com/quotes/i/cac/campbell-mcconnell-87792_economics_savings-remember-is-the-prerequisite-of_1728512.jpg) > ““Savings, remember, is the prerequisite of investment.”” Campbell McConnell ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Saving money is the essential foundation before one can invest wisely. **In simple terms:** Saving precedes investing. Key Takeaway Build savings first. Themes finance discipline investment Mood pragmatic encouraging Type educational practical When to use this quote - budgeting - retirement planning - entrepreneurship - wealth building Key Concepts compound interest risk management Questions to Reflect On - What steps will you take to save? - How does saving affect your investment choices? A Different Perspective Without savings, investment risks increase. ★ ★ ★ ★ ★ No ratings yet [Economics](https://sms4smile.com/quotes/about/economics/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Savings](https://sms4smile.com/quotes/about/savings/) ## Related quotes > [A faithfully kept program of savings and conservative investments can give you more money and a better life than that of your neighbors who…](https://sms4smile.com/quotes/jane-bryant-quinn/a-faithfully-kept-program-of-savings-and-conservative-investments-can/) [Jane Bryant Quinn](https://sms4smile.com/quotes/author/jane-bryant-quinn/) > [Those who are unwilling to invest in the future haven't earned one](https://sms4smile.com/quotes/anonymous/those-who-are-unwilling-to-invest-in-the-future-haven-t-earned-one/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Well-functioning financial systems are important in achieving sustained economic growth. 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