A Penny Saved is a Penny Earned Essay for Students & Children

We are Sharing an A Penny Saved is a Penny Earned Essay in English for students and children Classes 5,6,7,8,9,10,11,12 in 100,200 words.

Essay on A Penny Saved is a Penny Earned

Most people do not know the value of savings. What you save is in fact more important than what you earn. In the game of cricket, it is said that a run saved is a run scored. This is very much true of life in general. A spendthrift is never without wants even though his income may be large. On the other hand, a man of modest income can lead a comfortable life if he cultivates the habit of saving. If you save a rupee, which in other circumstances, you would have spent, it means you have gained it. The money thus saved becomes a part of your income or gain and will be of use to you at some future time when there is a real need for money. ‘A penny saved is a penny gained’ is, therefore, the guiding principle of every kind of financial management.


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