The Way to Wealth

Front Cover
Applewood Books, 1986 - Business & Economics - 30 pages
The first American book on personal finance, The Way to Wealth by Benjamin Franklin is still the best and wisest money book ever written. Originally published in 1758 as the preface to Poor Richard's Almanack, this little gem has been through innumerable printings and sold millions of copies to those in search of smart but entertaining advice about hard work, earning and saving money and debt. As the 21st Century charges along and the current economic climate continues to send out mixed messages, Franklin's simple but wise commentary on the value of industry and frugality resonates as much for us today as it did for listeners nearly 350 years ago. Here is a sample: - "Early to bed and early to rise makes a man healthy, wealthy and wise." - "If you would be wealthy, think of saving, as well as of getting." - "If you would have your business done, go; if not, send." - "Think what you do when you run into debt; you give to another power over your liberty." - "Creditors have better memories than debtors." Although older than the United States itself, The Way to Wealth is still very popular. It is handed out by major companies and financial institutions to friends, clients, and customers and is the January, 2004 selection of the Washington Post's The Color of Money Book Club. As Michelle Singletary, director of the Club wrote in a column about the book, "At just 30 pages, this pocket-size book takes less than an hour to read but will give you a lifetime of financial wisdom--that is if you're wise enough to follow the advice."

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About the author (1986)

One of 17 children, Benjamin Franklin was born in Boston on January 17, 1706. He ended his formal education at the age of 10 and began working as an apprentice at a newspaper. Running away to Philadelphia at 17, he worked for a printer, later opening his own print shop. Franklin was a man of many talents and interests. As a writer, he published a colonial newspaper and the well-known Poor Richard's Almanack, which contains his famous maxims. He authored many political and economic works, such as The Way To Wealth and Journal of the Negotiations for Peace. He is responsible for many inventions, including the Franklin stove and bifocal eyeglasses. He conducted scientific experiments, proving in one of his most famous ones that lightning and electricity were the same. As a politically active citizen, he helped draft the Declaration of Independence and lobbied for the adoption of the U.S. Constitution. He also served as ambassador to France. He died in April of 1790 at the age of 84.