Able Quote by George Mason
“I thank God, I have been able, by adopting Principles of strict Economy and Frugality, to keep my principal, I mean my Country-Estate, unimpaired.”
About This Quote
Source Letter: Correspondence on Economic Principles, 1775
Adopting strict economy and frugality preserves wealth and the integrity of a nation’s assets.
In simple terms: Frugality protects a country’s wealth.
Practice disciplined spending to safeguard assets.
Themes
Mood
Type
When to use this quote
- budget planning
- government spending
- personal finance
Key Concepts
Questions to Reflect On
- What balance of frugality and investment is optimal?
- How does personal frugality reflect national policy?
Excessive austerity can harm growth.