Capital Quote by Millicent Fawcett
“capital is the result of saving, and not of spending. The spendthrift who wastes his substance in riotous living decreases the capital of the country, and therefore the excuse often made for extravagance, that it is good for trade, is based upon false notions respecting capital.”
About This Quote
Source Book: The Woman’s Suffrage Movement, 1860‑1920, by Millicent Fawcett, 1920
Capital grows when resources are saved and invested, not when they are squandered on wasteful consumption.
In simple terms: Saving builds wealth, waste destroys it.
Key Takeaway
Prioritize saving over reckless spending.
Themes
economics
personal finance
national wealth
responsibility
Mood
cautious
analytical
Type
economic
educational
When to use this quote
- budget planning
- government policy
- business investment
- household finance
- public education
Key Concepts
capital formation
intergenerational equity
fiscal prudence
Questions to Reflect On
- How can societies balance saving with necessary consumption?
- What policies encourage productive investment of saved capital?
A Different Perspective
Saving alone cannot guarantee growth without productive use of capital.
