This saying is often attributed to Benjamin Franklin. But did you know, this isn't exactly what he said? In this Forbes Article you learn that in his 1737 almanac, Benjamin Franklin wrote a column called "Hints for Those That Would Be Rich." In this column, he closed with "A penny saved is two pence clear." Later, in his almanac, he wrote, "A penny saved is a penny got." Compare "a penny saved is a penny earned" and "a penny saved is a penny got" and discuss the difference. Consider this fact, Franklin, a seasoned businessman knew that a penny saved is unspent in the marketplace. Therefore it would never be equal to a penny earned in revenue!
Deborah Kozdras, Ph.D.