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A child thinks 20 shillings and 20 years can never be spent.
Benjamin Franklin
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Interpretation

What this quote means

Children often underestimate the value of money and time, believing they are limitless.

This quote by Benjamin Franklin highlights the perspective of a child who perceives both money and time as abundant and infinite resources. It points out the naivety of youth, as children often do not grasp the significance of managing their resources wisely, leading to a lack of appreciation for the value of both currency and the passage of time as they grow older and face responsibilities.

Themes

MoneyTimeValueWisdomChildhood

In practice

Example use cases

In a discussion about financial literacy with young adults, one might reference this quote to emphasize the importance of understanding value.

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Let honesty and industry be thy constant companions, and spend one penny less than thy clear gains; then shall thy pocket begin to thrive; creditors will not insult, nor want oppress, nor hungerness bite, nor nakedness freeze thee
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I think that a young state, like a young virgin, should modestly stay at home, and wait the application of suitors for an alliance with her; and not run about offering her amity to all the world; and hazarding their refusal. Our virgin is a jolly one; and tho at present not very rich, will in time be a great fortune, and where she has a favorable predisposition, it seems to me well worth cultivating.
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