The Way to Wealth by Benjamin Franklin – FULL AudioBook – Money & Investing Non-Fiction

The Way to Wealth by Benjamin Franklin – FULL AudioBook – Money & Investing Non-Fiction


>>THE WAY TO WEALTH BENJAMIN FRANKLIN COURTEOUS READER: I have heard that nothing
gives an author so great pleasure as to find his works respectfully quoted by others. Judge, then, how much I must have
been gratified by an incident I am going to relate to you. I stopped my horse, lately, where a great
number of people were collected at an auction of merchants’ goods. The hour of the sale
not being come, they were conversing on the badness of the times; and one of the company
called to a plain, clean old man, with white locks: “Pray, Father Abraham, what think you
of the times? Will not these heavy taxes quite ruin the country? How shall we ever be able
to pay them? What would you advise us to do?” Father Abraham stood up and replied: “If you
would have my advice, I will give it to you in short; for ‘a word to the wise is enough,’
as Poor Richard says.” They joined in desiring him to speak his mind, and, gathering around
him, he proceeded as follows: “Friends,” said he, “the taxes are indeed very heavy; and,
if those laid on by the Government were the only ones we had to pay, we might more easily
discharge them; but we have many others, and much more grievous to some of us. “We are taxed twice as much by our idleness,
three times as much by our pride, and four times as much by our folly; and of these taxes
the commissioners can not ease or deliver us by allowing an abatement. However, let
us hearken to good advice, and something may be done for us. ‘Heaven helps them that help
themselves,’ as Poor Richard says. “It would be thought a hard government that
should tax its people one tenth part of their time to be employed in its service; but idleness
taxes many of us much more; sloth, by bringing on diseases, absolutely shortens life. ‘Sloth,
like rust, consumes faster than labor wears; while the used key is always bright,’ as Poor
Richard says. How much more than is necessary do we spend in sleep! forgetting that ‘the
sleeping fox catches no poultry,’ and that there will be sleeping enough in the grave. “‘Lost time is never found again; and what
we call time enough, always proves little enough.’ Let us, then, be up and doing, and
doing to the purpose; so by diligence shall we do more with less perplexity. ‘Drive thy
business, and let not that drive thee’; and ‘early to bed, and early to rise, makes a
man healthy, wealthy, and wise,’ as Poor Richard says. “So, what signifies wishing and hoping for
better times? We may make these times better if we bestir ourselves. ‘Industry need not
wish, and he that lives upon hopes will die fasting.’ ‘There are no gains without pains;
then help hands, for I have no lands.’ ‘He that hath a trade, hath an estate; and he
that hath a calling, hath an office of profit and honor’; but then the trade must be worked
at, and the calling well followed, or neither the estate nor the office will enable us to
pay our taxes. Work while it is called to-day, for you know not how much you may be hindered
to-morrow. ‘One to-day is worth two to-morrows,’ as Poor Richard says; and further, ‘Never
leave that till to-morrow which you can do to-day.’ “If you were a servant, would you not be ashamed
that a good master should catch you idle? Are you, then, your own master? Be ashamed
to catch yourself idle, when there is so much to be done for yourself, your family, and
your country. It is true, there is much to be done, and perhaps you are weak-handed;
but stick to it steadily, and you will see great effects; for ‘constant dropping wears
away stones,’ and ‘little strokes fell great oaks.’ “But with our industry we must likewise be
steady, settled, and careful, and oversee our own affairs with our own eyes, and not
trust too much to others; for, as Poor Richard says, ‘Three removes are as bad as a fire’;
and again, ‘Keep thy shop, and thy shop will keep thee’; and again, ‘If you would have
your business done, go; if not, send’; and again, ‘The eye of the master will do more
work than both his hands’; and again, ‘Want of care does us more damage than want of knowledge.’ “So much for industry, my friends, and attention
to one’s own business; but to these we must add frugality, if we would make our industry
more certainly successful. A man may, if he knows not how to save as he gets, keep his
nose to the grindstone all his life, and die not worth a groat at last. ‘If you would be
wealthy, think of saving as well as of getting.’ “Away with your expensive follies, and you
will not then have so much cause to complain of hard times, heavy taxes, and chargeable
families; for ‘what maintains one vice would bring up two children.’ Beware of little expenses.
‘Many a little makes a mickle’; ‘A small leak will sink a great ship.’ Here you are all
got together at this sale of fineries and knickknacks. You call them goods, but, if
you do not take care, they will prove evils to some of you. “You expect they will be sold cheap, and perhaps
they may be, for less than cost; but, if you have no occasion for them, they must be dear
to you. Remember what Poor Richard says: ‘Buy what thou hast no need of, and ere long thou
shalt sell thy necessaries.’ ‘Silks, satins, scarlet, and velvets put out the kitchen fire.’
These are not the necessaries of life; they can scarcely be called the conveniences; and
yet, only because they look pretty, how many want to have them! “By these and other extravagances, the greatest
are reduced to poverty, and forced to borrow of those whom they formerly despised, but
who, through industry and frugality, have maintained their standing. ‘If you would know
the value of money, go and try to borrow some; for he that goes a-borrowing goes a-sorrowing’;
and, indeed, so does he that lends to such people, when he goes to get it again. “It is as truly folly for the poor to ape
the rich, as for the frog to swell in order to equal the ox. After all, this pride of
appearance can not promote health, nor ease pain; it makes no increase of merit in the
person; it creates envy; it hastens misfortunes. “But what madness it must be to run in debt
for superfluities! Think what you do when you run in debt: you give to another power
over your liberty. If you can not pay at the time, you will be ashamed to see your creditor;
you will be in fear when you speak to him; you will make poor, pitiful, sneaking excuses,
and by degrees come to lose your veracity, and sink into base, downright lying; for ‘the
second vice is lying, the first is running in debt,’ as Poor Richard says; and again,
‘Lying rides upon debt’s back.’ “This doctrine, my friends, is reason and
wisdom; but industry, and frugality, and prudence may all be blasted without the blessing of
Heaven. Therefore ask that blessing humbly, and be not uncharitable to those that at present
seem to want it, but comfort and help them.” The
old gentleman ended his harangue. The people
heard it, and approved the doctrine, and immediately practiced the contrary, just as if it had
been a common sermon; for the auction opened, and they began to buy extravagantly. I found
the good man had thoroughly studied my almanac, and digested all I had dropped on these topics
during the course of twenty-five years. The frequent mention he made of me must have tired
any one else; but my vanity was wonderfully delighted with it, though I was conscious
that not a tenth part of the wisdom was my own which he ascribed to me, but rather the
gleanings that I had made of the sense of all ages and nations. However, I resolved to be the better for the
echo of it; and, although I had at first determined to buy stuff for a new coat, I went away resolved
to wear my old one a little longer. Reader, if thou wilt do the same, thy profit will
be as great as mine.–I am, as ever, thine to serve thee. Biographical and Historical: These are paragraphs
selected from Benjamin Franklin’s “Way to Wealth,” about which he has the following
to say in his Autobiography: “In 1732, I first published my Almanac, under the name of ‘Richard
Saunders’; it was continued by me about twenty-five years, and commonly called ‘Poor Richard’s
Almanac.’ I filled all the little spaces that occurred between the remarkable days in the calendar with proverbial sentences, chiefly
such as inculcated industry and frugality as the means of procuring wealth, and thereby
securing virtue. These proverbs, which contained the wisdom of many ages and nations, I assembled
and formed into a connected discourse, prefixed to the Almanac of 1757 as
the harangue of a wise old man to the
people attending an auction. The bringing
all these scattered counsels thus into a focus
enabled them to make greater impression.”

24 Comments

  1. Kubera Pizzaro says:

    Pure gold

  2. K Malcolm says:

    love it

  3. Wyd Glide says:

    Somebody help me who is the poor Richard that keeps getting referred to?… am I to understand the poor Richard was a metaphor or I've missed something somewhere 😁

  4. Bryce Harrison says:

    I wonder why he named the character "poor" Richard ??

  5. ylber t says:

    One of the best audiobooks I’ve ever listened to

  6. Epharim Zion says:

    Benjamin Franklin = Jekeyl and Hyde they excavated his house many bodies found

  7. Cesar S says:

    More gold in these 23:50 mins compared to some audiobooks that last 10 hours. Straight and to the point!

  8. Roberto Rodriguez says:

    Many words won’t fill a bushel… bitch ass nigga

  9. Greatest AudioBooks says:

    Female reader version:
    https://youtu.be/lWQjyDy-P6E

  10. Dikole Isaac Ndlovu says:

    Thank you,

    I enjoy your audio books a lot.

  11. Levi Strauss says:

    I only wish I had harkened to this advice years ago. I would be so well off by now. Dr Franklin we need you now more than ever!

  12. JLep says:

    50% of what Poor Richard supposedly said is ACTUALLY from Solomon in Proverbs and Ecclesiastes.

  13. Bob Gonzalez says:

    Just wanted to give you a heads-up. There is a company named Oregan Publishing (http://oreganpublishing.com/) that has taken this original recording, which I made for LibriVox in 2011, has altered it a bit (slowing down the pace) and eliminating the LV disclaimer, and is selling it on Audible. I and LV have no problem with that, since the work is in the public domain. What we do have a problem with is that they are claiming copyright (perhaps because of their minimal tweaking) and have, I believe, issued a copyright infringement notice to another YouTuber who had also posted it, and s/he has taken it down. It's possible that they may issue a copyright infringement notice to you as well. As far as I understand, they have no legal claim of copyright to the version you have posted here, especially as you include the disclaimer on the audio and the notes below the video. Unfortunately, I think YouTube admins often simply remove a video when a claim has been made, allowing you no way to contest the matter. I certainly want you to keep this video posted. Also, I'd like to thank you for posting this recording and crediting me as the reader in the notes. I appreciate you spreading the work to a wider audience.

  14. Deborra Storm says:

    Ben Franklin was a,very witty genious of a man as he was motivated in writing these sayings in the Almanac he invented. He understood the psychology of people. Putting all together famous witty sayings of old and new of which he heard people value both from Solomon's words and all people quoted. Recognizing its value to make men think more to motivate to action. Stimulating others with less complaining and more self-problem solving by putting all wisdom in one paper knowing it would be sought by all. Thus, he promted the value of using common sense in actions. Also, making him much money. "Killing 2 birds with one stone." A master motivator.

  15. Joual says:

    "I only need one American to like me and that is Mr Benjamin Franklin"

  16. Mike Wells says:

    Should be required reading

  17. Stephan Letren says:

    hey does anyone know if http://agardenterprise.com/lp/empoweredtruewealth/ is legit?

  18. Joy Monique says:

    Simple…find another race, enslave them and make them work for you for free… Great way to save money

  19. Dollars for sale Borrowers says:

    Money for sale In my personal appearance Borrowers Dollars

  20. Vincent Harwood says:

    Thank you very much I'm grateful for such great knowledge which is free and thank and god bless Benjamin Franklin

  21. Bozorgmanesh Robert Sohrabi says:

    By the powers invested in me, although very little and large, I believe that Benjamin Franklin ranks as one the greatest men of all times.

  22. hughdidit says:

    My audiobook playlist: https://www.youtube.com/playlist?list=PLNHvc_kNELrqJPCrs2XETUgB5RCkbO3zY

  23. The Last Knyght says:

    That feeling when you get quoted by the guy you quoted

  24. powergirl901 says:

    I suppose he had nothing about accepting dozens of times more debt for college than could ever be paid back, and then to harangue the taxpayers for the right to discharge the debt.

  25. Los Angeles Print and Design says:

    Written 200+ years ago and still applies to this day. Yet, in the US we spend our money on Louis Vitton bags and vacations to impress other people that couldn’t care less about us. I humbly ask for guidance to be more like Poor Richard.

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