Advice from Benjamin Franklin

Portrait of Benjamin Franklin

Benjamin Franklin

Realising that he needed some guiding principles by which to live his life, a young Benjamin Franklin wrote the following resolutions to himself –

  1. It is necessary for me to be extremely frugal for some time, till I have paid what I owe
  2. To endeavour to speak truth in every instance; to give nobody expectations that are not likely to be answered, but aim at sincerity in every word and action – the most amiable excellence in a rational being
  3. To apply myself industriously to whatever business I take in hand, and not divert my mind from my business by any foolish project of suddenly growing rich; for industry and patience are the surest means of plenty
  4. I resolve to speak ill of no man whatever

Pretty insightful stuff for a 20 year old who left formal education at age 10!  And not just good life advice, but also some top financial planning rules…from before financial planning was even a thing!!

Good work, Ben.

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